Operating a family adventure and boat cruise, and an escape room and boat cruise in Toronto since 2014, Ottawa since 2009, and Hamilton since 2023, this is a turnkey summer seasonal business! There are 4 vessels for sale. This is an asset sale (the boats).
Operating from May to October, weekends in May and June, 7 days a week in July and August, and weekends in September and October, this is the ideal opportunity that will allow you to work half the year and vacation the other half anywhere you want.
Staff say, “This is the best job I’ve ever had” as they don their pirate costumes, sail the 7 seas and entertain audiences across Ontario. Looking for more adventure? The vessels can be transported by road and operated in any city in Canada.
The Boat(s)
Transport Canada Certified Pontoon Vessel with twin 115HP outboard gasoline engines (2023, 1000 hours each).
40 feet long, 12 feet wide, 13’ tall. (Transportable by low-boy trailer, we have a driver lined up).
24 functioning water cannons, head (washroom), 100 life jackets (adult, children and infants) + all the required safety equipment including life rings, life raft, etc.
Captain's Licenses
A licensed captain is required; the certification necessary is the Small Vessel Operator's Permit, the Small Domestic Vessel Basic Safety, the Marine Basic First Aid and the Restricted Operator's Certificate - a cost of $1500 and a time commitment of 7 days 9-5pm.
The Staff
Hourly wages for seasonal staff start at $18 and go up to $32 for experienced staff who have been with the company 10+ years. Staff include Captains, Entertainers and Administrative Staff.
Take on the administration and management yourself and save $30,000 in wages per year.
Owner's Involvement
The current owner works 2-3 hours a week remotely managing and supporting the team, with additional hours at start-up and shut-down to keep the vessels in ship shape.
Reason for Sale
Moving to Europe. After growing and establishing this business as a staple in Ontario the owner is seeking further seas and moving with his wife to Europe.
Profit Margin
Operating at a 25% profit margin, the future owner could earn up to 25% more by taking on the work hours, nominally increasing ticket prices and seeking additional revenue streams.
