Lucrative Turn-Key Watersports Business - Prime Location
Business Description
**Overview**
Pier 60 Parasail is a profitable and lucrative parasailing operation situated in the heart of Clearwater Beach, Florida—one of the most sought-after tourist destinations in the U.S. Gulf Coast. With its supreme beachfront positioning, it capitalizes on high foot traffic from nearby hotels, resorts, and attractions, making it a premier adventure provider for thrill-seekers and families alike.
**Services and Operations**
Operations are efficient and guest-focused: departures from a dedicated dock for smooth, dry takeoffs and landings, with flexible scheduling to accommodate weather or group sizes.
The business is fully equipped with state-of-the-art parasailing gear, a reliable vessel, and all necessary safety equipment, ensuring compliance with industry standards. It's a seamless, hands-off opportunity for a new owner—complete with established vendor relationships, trained staff, and minimal daily oversight required.
Pier 60 Parasail boasts a robust digital footprint, including a user-friendly website (pier60parasail.co) for online reservations, real-time availability checks, and secure payments.
With a stellar 4.9/5-star rating on Google based on over 750 reviews, Pier 60 Parasail is renowned for its safety, fun, and breathtaking views—earning praise as "Clearwater's ultimate parasailing experience." Customers rave about the professional crew, smooth operations, and value, fostering repeat business and word-of-mouth referrals. This impeccable reputation sets it apart in a competitive market, where it holds a top spot among Clearwater's parasailing providers.
**High Barriers to Entry and Exclusive Advantages**
Parasailing in Florida faces stringent regulations, creating significant barriers for new entrants. Pier 60 Parasail benefits from grandfathered business licenses and permits, allowing operations in a prime, restricted area where new approvals are rare or impossible. Additionally, it holds exclusive rights to local expansion opportunities, such as potential partnerships with nearby resorts or additional water-based activities, positioning it for scalable growth without regulatory hurdles.
**Financial Highlights and Growth Potential**
As a seasonal yet resilient tourism business (peak from March to October, with year-round appeal), Pier 60 Parasail generates strong cash flow from high-margin services. Industry benchmarks suggest average annual revenues for similar Florida operations range from $150,000 to $400,000+, with Clearwater's high tourist volume (millions of visitors annually) boosting profitability. Low overhead—focusing on variable costs like fuel and minimal fixed expenses—yields lucrative margins, often 30-50% net. Expansion potential to be discussed following NDA execution.
In summary, Pier 60 Parasail is a dream investment: a profitable, low-maintenance adventure business in paradise, with built-in protections, top-tier reputation, and untapped upside. Ideal for entrepreneurs seeking a lifestyle venture or portfolio addition in the booming Florida tourism sector.
Pier 60 Parasail is a profitable and lucrative parasailing operation situated in the heart of Clearwater Beach, Florida—one of the most sought-after tourist destinations in the U.S. Gulf Coast. With its supreme beachfront positioning, it capitalizes on high foot traffic from nearby hotels, resorts, and attractions, making it a premier adventure provider for thrill-seekers and families alike.
**Services and Operations**
Operations are efficient and guest-focused: departures from a dedicated dock for smooth, dry takeoffs and landings, with flexible scheduling to accommodate weather or group sizes.
The business is fully equipped with state-of-the-art parasailing gear, a reliable vessel, and all necessary safety equipment, ensuring compliance with industry standards. It's a seamless, hands-off opportunity for a new owner—complete with established vendor relationships, trained staff, and minimal daily oversight required.
Pier 60 Parasail boasts a robust digital footprint, including a user-friendly website (pier60parasail.co) for online reservations, real-time availability checks, and secure payments.
With a stellar 4.9/5-star rating on Google based on over 750 reviews, Pier 60 Parasail is renowned for its safety, fun, and breathtaking views—earning praise as "Clearwater's ultimate parasailing experience." Customers rave about the professional crew, smooth operations, and value, fostering repeat business and word-of-mouth referrals. This impeccable reputation sets it apart in a competitive market, where it holds a top spot among Clearwater's parasailing providers.
**High Barriers to Entry and Exclusive Advantages**
Parasailing in Florida faces stringent regulations, creating significant barriers for new entrants. Pier 60 Parasail benefits from grandfathered business licenses and permits, allowing operations in a prime, restricted area where new approvals are rare or impossible. Additionally, it holds exclusive rights to local expansion opportunities, such as potential partnerships with nearby resorts or additional water-based activities, positioning it for scalable growth without regulatory hurdles.
**Financial Highlights and Growth Potential**
As a seasonal yet resilient tourism business (peak from March to October, with year-round appeal), Pier 60 Parasail generates strong cash flow from high-margin services. Industry benchmarks suggest average annual revenues for similar Florida operations range from $150,000 to $400,000+, with Clearwater's high tourist volume (millions of visitors annually) boosting profitability. Low overhead—focusing on variable costs like fuel and minimal fixed expenses—yields lucrative margins, often 30-50% net. Expansion potential to be discussed following NDA execution.
In summary, Pier 60 Parasail is a dream investment: a profitable, low-maintenance adventure business in paradise, with built-in protections, top-tier reputation, and untapped upside. Ideal for entrepreneurs seeking a lifestyle venture or portfolio addition in the booming Florida tourism sector.
About the Business
- Years in Operation
- 9
- Facilities & Assets
- - Grandfathered operating licenses and permits
- Commercial slip with owner-option renewals
- Additional marina slip, covered and lifted
- Website, Google My Business, marketing analytics & collateral
- 2017 31' Ocean Pro w/ Volvo D6 340 (2500 hours), fully updated helm controls
- Triple-axle trailer
- 5 branded parachutes (41 39 37 37 35), all harnesses, triple-bar, etc.
- Exclusive right of first refusal to expansion location (negotiable) - Website
- https://stayandplayclearwater.com/pier-60-parasail
- Market Outlook / Competition
- Pier 60 Parasail is 1 of 2 exclusive operators on the island.
Parasailing in Florida faces stringent regulations, creating significant barriers for new entrants. Pier 60 Parasail benefits from grandfathered business licenses and permits, allowing operations in a prime, restricted area where new approvals are rare or impossible. Additionally, it holds exclusive rights to local expansion opportunities, such as potential partnerships with nearby resorts or additional water-based activities, positioning it for scalable growth without regulatory hurdles. - Opportunities for Growth
- Pier 60 Parasail generates strong cash flow from high-margin services, with Clearwater's high tourist volume boosting profitability. Expansion potential includes adding a second location, & leveraging its exclusive location for 20-30% annual growth.
In summary, Pier 60 Parasail is a dream investment: a profitable, low-maintenance adventure business in paradise, with built-in protections, top-tier reputation, and untapped upside. Ideal for entrepreneurs seeking a lifestyle venture or portfolio addition in the booming Florida tourism sector.
About the Sale
- Seller Motivation
- Exploring
- Transition Support
- TBD
6-month Owner onboarding and/or long-term Management Agreement negotiable - Financing Options
- $500,000 Down Payment / 3-year note w/ Balloon/ 25-year amortization @ 6.5%
Listing Info
- ID
- 2414206
- Listing Views
Attached DocumentsAttachment Disclaimer
Pier 60 Parasail - Business Overview.pdf
Business Location
Listing ID: 2414206 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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