Rotorua
1 Lakefront Drive, Rotorua, Rotorua
Katoa Jet - jet boating in the Rotorua CBD
The business is ideally located in Rotorua, the adventure tourism capital of the North Island.
As the only jet boat operator on Lake Rotorua, the business benefits from the aggregate of attractions and activities in the region and the large number of hotels and motels within walking distance from its' location in the newly developed lakefront precinct.
The core ‘Speed & Spins' product is perfect for walk up visitors to the lakefront, leaving on the hour and catering to people of all ages and fitness levels.
With international visitor numbers still recovering towards pre-pandemic levels the business is positioned for growth and as one of the only privately owned jet boat operations in a key tourism destination the business is a unique and exciting acquisition opportunity.
Sales and profitability have grown steadily since the pandemic, and the business is cash generative.
Andrew Ricketts
Bayleys Real Estate Ltd, Auckland Central,
Licensed under the REA Act 2008
Features
Growth opportunities
EBPITDA of $300k and growing, driven by increasing visitor numbers to Rotorua
Location
Rotorua remains the adventure capital of the North Island, with visitor numbers increasing each year (post pandemic)
Prime frontage
The lakefront district is world class and a major attraction to domestic and international visitors to Rotorua, providing significant levels of walk-up business
Business use
Speed & Spins offers an adrenaline filled 30 minute jet boating experience in the heart of Rotorua CBD
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