Cruisin' Tikis Franchise FDD, Costs & Fees (2025)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Franchisees

?

106
+
54%
54%
Investment required

?

$83,000 - $124,000
Revenue (AUV)

?

$0
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Initial franchise fee

?

$20,000
Royalty fees

?

6.00%
+
2.00%
Operating Profit

?

n.a.

Pro
Franchisees

?

106
+
54%
54%
Investment required

?

$83,000 - $124,000
Franchise fee

?

$20,000
Royalty fees

?

6.00%
+
2.00%
Revenue (AUV)

?

$0
Undisclosed
Pro
+
n.a.
+
xx%
-xx%
n.a.
Operating Profit

?

n.a.

Pro

Cruisin’ Tikis: Redefining Leisure with Floating Tiki Bar Adventures

Cruisin’ Tikis brings a fresh twist to the tour and leisure industry by offering memorable floating tiki bar experiences throughout the U.S. Launched in 2015, the brand has expanded swiftly, now operating more than 100 tiki boats in over 40 cities. Based in Fort Lauderdale, Florida, the company began offering franchise opportunities in 2018, enabling entrepreneurs to manage their own tiki boat cruise operations.

The business revolves around providing relaxing water tours aboard custom-built, thatch-roofed tiki boats designed for comfort and fun. Each vessel seats up to six guests and comes equipped with a licensed captain, a cooler with ice, and a Bluetooth speaker system for entertainment.

Guests can bring their own snacks and beverages, which adds a personalized touch to the cruise and elevates the experience beyond the typical sightseeing tour. This casual, festive format sets Cruisin’ Tikis apart by blending the charm of a tropical bar with the tranquility of a boat ride.

In early 2025, the brand was acquired by TourScale, a prominent operator of experiential tour franchises. This acquisition is expected to boost growth and provide expanded support for franchise owners, helping them scale more effectively while maintaining the unique appeal of the Cruisin’ Tikis concept.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $20,000
Dock Rent and Deposit $1,000 – $12,000
Vessel Purchase $56,500 – $58,500
Delivery Costs $1,000 – $18,000
Furniture, Fixtures, and Equipment $0 – $500
Branded Merchandise $40 – $100
Computer System, Equipment, and Supplies $175 – $3,000
Grand Opening Advertising $2,000 – $3,000
Miscellaneous Opening Costs $100 – $300
Signage $200 – $250
Insurance Premium $800 – $4,000
Business Licenses and Permits $200 – $2,000
Additional Funds – 3 months $1,000 – $2,000
Total Estimated Initial Investment $83,015 – $123,650

Franchise Disclosure Document

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Competitors

Franchise
Franchisees
Growth
Initial fee
Investment
Revenue
Gross Profit
Operating Profit
Industry

106

+
54%
54%
No growth
New

$20,000

$83,000

-

$124,000

n.a.

$0

Pro

n.a.

Pro

n.a.

Pro

Recreation

Training

Cruisin' Tikis provides limited formal training programs for franchisees. Here's a summary of the training offerings:

  1. No Initial Training Program: Cruisin' Tikis does not conduct a formal initial training program for new franchisees. They typically target experienced boat operators who are presumed to need less foundational training.
  2. Annual Meetings and Refresher Training: The franchisor may conduct annual meetings and optional or required refresher training sessions. Franchisees, their owners, and selected personnel may be required to attend and successfully complete these training events, which can be delivered in-person or virtually.
  3. Ongoing Advice and Guidance: From time to time, Cruisin' Tikis may provide advice and general operational guidance. However, this is offered at the franchisor’s discretion and does not create a binding obligation to continue providing such support.

Territory Protection

Cruisin' Tikis grants franchisees a Designated Territory but does not offer full exclusivity. While no other Cruisin’ Tikis vessels can operate in that territory if the franchisee is compliant, the franchisor may allow others to solicit customers there.

Franchisees need written approval to provide services outside their territory. They also receive a right of first refusal if the franchisor decides additional vessels can be supported in their area.

Number of units

2024
Franchised units

69

94

106

Company-owned units

0

0

0

Total units

69

94

106

Competitors

Nautical Boat Club

Investment required
$564,000
-
$1,037,000
Franchisees
24
+
20%
20%

Expedia Cruises

Investment required
$150,000
-
$259,000
Franchisees
98
+
7%
7%

CruiseOne

Investment required
$13,000
-
$22,000
Franchisees
1954
+
24%
24%

Cruise Planners

Investment required
$2,000
-
$20,000
Franchisees
2796
+
5%
5%

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