Well established locally renowned Hire Boat business for sale in Frankston

22 days ago

Private Seller

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Summary

Long Established Hire Boat business on Port Phillip Bay. The business is essentially a hire business operating from a floating office in Kanninok Creek.

Location Details

Behind Squeaky Squire Hotel Frankston Kanninook Creek Floating Office, Frasnkston
Business is located on a floating Office in Kanninook Creek Behind Squeky Squire Hotel in Frankston and all boats moored in Kanninok Creek as per License with Parks Victoria.

Potential

The business has operated in the same position since 1929 or thereabouts. It has responded to the changing tastes in the types of boats that have been available from rowing boats to put put diesels and now to unlicensed and licensed craft with sophisticated four stroke engines that have longevity and reliability. We enjoy a long transferable License with Government. and enjoy good relationships with the local community especially on Kanninok Creek where our floating office is located. Infrastructure floating office and pontoon structures new.

Skills

No skills except a boat license is required. Management skills can be developed on site. Financial expertise would also be needed.

Hours

We operate seven days a week from September to May. Seasonal. Hours of operation are flexible.

Lease

There is a long license available with options to sell.

Employees

Nil employees. Husband and wife team can easily manage the 12 boats that are in survey.

Reason for Sale

Owner retiring after 28 years in the marine business and owned Frankston Boat Hire since 2004.

About the Business

The business is essentially a hire business operating from a floating office in Kanninok Creek. All hire craft enter the Bay (200 meters or so) from a protected outlet being Kanninook Creek. Office (well lit at nite and secure) and boats moored in the safety and security of Kannninook creek. Free parking is within 20 metres of the business with easy free access.

All infrastructure : pontoons walkway and office are relatively new. All services are available power and water landline phone internet electronics payment, WIFI lighting and alarms. Our boats are a mixture of modern polycraft fibreglass half cabs and aluminium all in great order. We sell bait as well as hiring rods. We also hire out kayaks and stand up paddle boards an arm of the business that can be expanded upon with lots of potential to explore Kanninook creek in any weather condition with either.
The business has always responded to public demand for early starts when the fish are biting the most fish finders on the boats gps marks and maps for the fishing spots. Rarely do we have issues with safety or mechanical problems with our reliable four stroke Yamaha's, mostly new models.
We cater for family groups with our large boats and for keen fisherman with our fast licensed ones or just once a year recreational fisherman. As well many customers just want to chill and drive our boats around.
We are in a very sheltered location and only allow access to Port Phillip in good weather conditions. There is nothing more to spend initially and the future is excellent. Generally we enjoy exclusive use in this area and into the future and a long secure license
We are situated with easy access from any of the suburbs of Melbourne. This is a huge advantage.

History

The business has operated since 1929 on this site. It has only changed hands three times since 1980. Its now new generations that come back to hire boats from here. Such is its reputation for reliable service and the longevity of its easy access and location. Originally row boats were hired and now modern fibreglass, polycrafts and aluminium water craft are for hire as well as new stand up paddle boards and double kayaks for hire. The latter on a daily or half daily rate. The business has always operated from early morning a key advantage.

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