Become a Palapa Licensee
🌴ALOHA🌴
Welcome to Palapa Tours™!
We offer an unparalleled Business Opportunity giving you access to the highest standard of commercial grade Tiki Boats available. Using cutting-edge technology we are changing the landscape of water based tourism.
Are you ready to Palapa?
LET'S WORK TOGETHER
License Partnership vs. Franchising
So, you love the idea of our Tiki/Palapa Boats and you are thinking how to get involved. Perhaps the word Franchising comes to mind. Although a great concept, we want to 100% guarantee your success by lowering your entry cost by offering a licence opportunity instead. We also allow more flexibility in overall marketing & daily operations than a franchise would allow.
"IF" we were to franchise this is what it would look like for a business with one boat.
- Retail Tiki Boat Cost: $150,000- 170,000 (depending on engine size)
- Boat Transport/Assembly Fees: $5,000 - $15,000
- Franchise Fee: $25-35,000
- Royalties: 6-8% + 2% (National) + 10% (Local)
- Working Capital $20-$25,000
Before you even get started you are looking at a 180K - 250K investment with ongoing royalty fees on gross revenue and renewal fees every 10 Years (15-20K). We don't want that. Our Fleet Admiral has extensive experience of being on both sides of the franchise fence. From selling franchises to being one himself with 10 locations in Canada, his experience is vast. Our goal is to save you $ and scale faster.
We understand that starting your own business is a bumpy road sometimes and you want to mitigate risk as much as possible. We hear you! Rather than putting money into our pockets (the franchise fee & boat profit), we want to eliminate that costly barrier. Qualified candidates will be able to start their own business with an investment as low as $100K. Connect with us and we can discuss all that is needed to get started.
We have also created an Inter Palapa Affiliate program where you can generate revenues from other Licensed Operations that we have established. Imagine generating 15% on a massive Tiki Boat fleet around the world.
Here is an article describing the difference between franchising and Licensing. click photo
The Hobby
The Business
The Business
One Boat
Standard Business Licence
Licence Cost: $125,000
10% lease fee. (paid monthly)
Exclusive Territory: 20 Miles
The Business
The Business
The Business
Two Boats
10K savings on your Business License
Licence Cost: $240,000
10% lease fee (paid monthly)
Exclusive Territory: 30 Miles
The Empire
The Business
The Empire
Three Boats
25K savings on your Business License
Licence Cost: $350,000
10% Lease fee (paid monthly)
Exclusive Territory: 40 Miles
QUESTIONS & ANSWERS
Our contribution to your success.
Having spent literally thousands of hours addressing everything from booking and customer service to boat maintenance, brand management and staffing best practices, we’ve mastered the process and offer resources that make running your floating tiki bar business simple and effective.
- Protected lease on Tiki Boats
- Complete operations manual for vessel
- Operator-only discussion forums
- Brand resources & documentation
- Complete online booking software and credit card processing
- Dedicated landing website page and corporate site redirects
- Exclusive use of the Brand and Trademarks for use in social media and website
- TikiVantage Advertising Platform
- Ongoing technical support for operations and maintenance.
What is included with the Boat Lease?
- Bumpers
- Docking cleats
- Rope
- 12 chairs*
- Thatched roof
- Attractive bar top
- Wood trim
- Life and safety items
- Video screen*
- POS & iPad*
- Speakers*
- Mood lighting
- Refrigerators (Sponsored)
- Generator*
- Toilet or Composting toilet
- 2 Sinks
- ladder
- 60 HP Engine*
* Items maked with an asterisk can be upgraded. Additional decore items are also available for purchase. You are welcome to shop Amazon and elsewhere for cool Tiki items to add to your operations.
We will provide you a link to Vista Print Pro where you can order all related Marketing Materials. However, as a licensee you are welcome to source out your own suppliers.
What Certification is needed
If you are going to be the captain of the vessel, in Canada you will will require a Small Vessels Operator License (SVOP) and in the United States an a Masters 25 Ton licence. Please research your local jurisdiction.
What is the Franchise Fee?
There is none. We are not a franchise.
What are the Royalties?
After the initial investment for the Operators Licence, you pay a 10% lease fee to use the Tiki Boats. The fee is based on all monthly gross revenue related to the Tiki/Palapa Operatiion.
What Research should I do for my location?
There are several factors that make up a successful operation. There are also local jurisdictional regulations that may govern the operation of your business. The following topics are some you should take into consideration:
- Location for your Tiki /Palapa Tour. Must be visible and easily accessible
- Are local US Coast Guard or Canada Small Vessel Certified captains available, if you are not going to captain the vessel?
- Do you have any local charter or tour boat regulations?
How is my Tiki delivered
This is part of your research. We can have the Tiki Boat shipped ready to go, or we can have it in several pieces for easier transportation to your location(s) or we build on site with our kits. All fees associated with shipping, customs and duty are your responsibility.
Insurance
There are currently several insurance companies that are insuring operations like ours. We will work with you to get the best possible rate.