Cruisin Tikis is a business that operates tiki-themed open-air water vessels for recreational excursions. The franchise offers seasonal boat tours on designated waterways, providing a fun and unique experience.
Key Insights
- Cruisin Tikis began as a dream of offering a unique, floating party experience, evolving into a recognizable brand centered around accessible, fun watercraft. The business focuses on providing a distinctive recreational service that capitalizes on popular vacation and leisure activities.
- The franchise operates a fleet of custom-built, floating tiki bars, designed for group excursions on calm waterways. Customers can rent these vessels for various events, enjoying a mobile, open-air celebration with beverage service and a laid-back atmosphere.
- The recreational boating and water-based tourism sector is experiencing growth, driven by demand for novel leisure activities and a desire for outdoor experiences. Cruisin Tikis fits into this market by offering a memorable and social way to enjoy time on the water.
Franchise Fee and Costs to Open
Exploring the financial picture of Cruisin Tikis gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $83,015 - $123,650, along with a franchise fee of $20,000 - $20,000.
Financial Performance and Revenue
Training and Resources
Cruisin Tikis provides comprehensive initial training for new franchisees. This program is typically three days in length and is held at our headquarters. Cruisin Tikis offers operational guidance and marketing support. Resources include a detailed operations manual and access to brand assets. The franchisor recommends familiarizing yourself with all provided materials to support business success.
Legal Considerations
Legal considerations for a Cruisin Tikis franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Running a Cruisin' Tikis franchise involves navigating the local market for comparable attractions and understanding the intricacies of managing a unique watercraft business. Securing reliable vendors for specialized equipment and maintaining consistent customer service standards are also important considerations. The business relies on favorable weather conditions and effective marketing to attract and retain customers.
Franchise Datasheet
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