Big Bus Darwin | Import
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Big Bus Darwin | Import

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Iconic Darwin Tourism Business

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Khoa Pham

Proudly listed by Khoa Pham

Broker Firm

Business Overview

Are you a tourism or transport operator looking for simple to run, yet iconic, high volume tourism ventures around Australia suitable to run under management? Are you looking to expand into the Top End of the NT where tourism is booming with a mature, market dominant business? Big Bus Darwin is for sale for the first time. The Darwin iteration of the Iconic Big Bus International City Sightseeing Tours utilising Double Decker Buses is for sale due to the pending retirement of the current operator. The business has experienced strong growth since Covid and operates year-round, providing an essential hop on – hop off tour service to a large portion of visitors to the Darwin Capital. The business is for sale with the option to either continue operating under the Big Bus Banner or to go independent and is priced below replacement cost. Key features of the business include: - Overwhelmingly dominant business in its market. - Strong Brand recognition due to association and branding with Big Bus International. - High Net Profit business – 2023 FY produced PEBITDA approaching $600k. - Revenue and Profit both show strong growth. - Multiple long-term, very experienced staff looking to remain with business. - Simple business model – has been run under management. - Marketing and ticketing avenues already established and proven. - Direct exposure to the rapidly growing Darwin Cruise ship industry provides year-round revenue - Current Fleet of six Double Decker busses - Handover will be included Seeking EOI – Call to discuss further. Tourism is one of the Top Ends strong growth businesses and Darwin is on many Aussies bucket lists to visit – nearly all visitors will travel on this tour. Strong, mature, stable tourism businesses suitable to run under management are a rare commodity. Contact Andrew Hahn now on 08 8941 3000 or email andrew@tbsav.com.au for more details on this truly outstanding tourism business opportunity. TBS - Licensed Agent AL1041 – 19 Smith St Darwin NT

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BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

  1. That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
  2. That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
  3. That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

  • Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
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