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?
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.
Before you even get started you are looking at a 130K - 160K 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.
Our License and Lease Program makes you the captain of your own ship with the support of a team of operators who have sailed the seas of entrepreneurship before you. Rather than charging an expensive franchise fee of $35,000 and selling you a Tiki Boat kit at a retail price of $100,000+, we lowered the cost of entry.
PALAPA TOURS INTERNATIONA CORP. & TIKI TOURS INTERNATIONS CORP.
A match made for success
You investment grants you an Operators Licence with Protected Territory from Palapa Tours International Corp. The business agreement offers a sound foundation for you to quickly recover your investment. You are buying a license to operate Palapa Tours Business in a protected territory. The Business Agreement gives you access to an exclusive Tiki Boat Lease with Tiki Tours International Corp. Also, since we are not a franchise, you are welcome to add ancillary business as you grow (i.e. JetSki or pontoon rentals) whose revenue is independent of your business license.
OPERATOR STREAMS OF INCOME:
Depending on your selected location you may operate as a seasonal business or year round. We will work with you to plan an initial growth strategy. Even if you only License/Lease one vessel to start, we will protect your territory anticipating rapid growth and reinvestment. You are then the master of your business. You decide on all operation elements such as operating hours, # tours/day, length of tours, type of drinks served etc...
You can sell you business at anytime. There is a transfer fee for change of business ownership. The lease on the vessels automatically follows the operator business License.
Two More Revenue Streams:
Business License Variables
All the fees below are based on the base model of Tiki Boats. As with any vehicle, there are several upgrades that can affect the overall cost of your lease.
*If your territory requires more than a 60 hp engine, then additional fees may apply. We can also add dual engine capabilities.
*You are responsible for the destination charges (i.e. shipping and import costs) associated with vessel delivery. Please budget 5-10K.
Working Capital: You will need to budget 15-20k in working capital to get started. From business cards and brochures to liquor licence fees and insurance.
BALL PARK INVESTMENT REQUIRED (60hp)
(plus fees and working capital)
WHO OWNS THE BOATS?
All vessels are registered with Transport Canada with Tiki Tours International o/a (location trade name). The lease of the vessels is 100% tied in to the Operator Licence Contract with a defined territory. We do this to protect you and all operators from rogue vessels landing in your territory. A lease allows control. Your business owns the perpetual lease on those vessel.
Under certain circumstances, and depending on certain business factors, we can finance entry level operators for up to 25% of the Capital required in exchange for a higher lease fee (5%).
Standard Business Licence
Licence Cost: $100,000
10% lease fee. (paid monthly)
Exclusive Territory: 20 Miles
10% savings on your Business License
Licence Cost: $180,000
10% lease fee (paid monthly)
Exclusive Territory: 30 Miles
15+% savings on your Business License
Licence Cost: $250,000
10% Lease fee (paid monthly)
Exclusive Territory: 40 Miles
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.
* 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.
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.
There is none. We are not a franchise.
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.
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:
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.
There are currently several insurance companies that are insuring operations like ours. We will work with you to get the best possible rate.
Think of it like Dodge and Chrysler.
Depending on your location you will have the choice to operate under Tiki Tours or Palapa Tours. For now it's the same business. Your agreement will protect you from any competitiveness. However there are some ares already operating with a Tiki name and we do not want to cause confusion or limit expansion possibilities. Whether you operate with Tiki or Palapa you success is our top priority!