Cruisin’ Tikis Franchise FDD, Profits & Costs (2025)
Cruisin’ Tikis is a unique franchise that offers floating tiki bar experiences across the United States. Founded in 2015, the company has grown rapidly, with over 100 tiki boats operating in more than 40 locations nationwide. Headquartered in Fort Lauderdale, Florida, Cruisin’ Tikis began franchising in 2018, giving entrepreneurs the opportunity to own and operate their own tiki boat tours.
The franchise provides a fun and innovative business model focused on local water tours aboard stable, handcrafted tiki boats. Each boat comfortably seats six passengers and includes a captain, cooler, ice, and a Bluetooth speaker system.
Guests are encouraged to bring their own food and beverages, creating a personalized and enjoyable experience. This approach sets Cruisin’ Tikis apart from traditional boat tours by combining the enjoyment of a tiki bar with the scenic beauty of local waterways.
In January 2025, Cruisin’ Tikis was acquired by TourScale, a leading franchisor of experiential tour brands. This acquisition is expected to accelerate the brand’s growth and provide additional resources and opportunities for franchisees, enhancing their operational support and expansion potential.
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Initial Investment
How much does it cost to start a Cruisin’ Tikis franchise? It costs on average between $83,000 – $124,000 to start a Cruisin’ Tikis franchised facility.
This includes construction, equipment, inventory, and initial operating expenses. The exact amount will vary depending on factors such as the type of vessel or setup you choose, the location, and whether the franchisee decides to lease or purchase the property or equipment.
| 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 |
Competitors
Below are a few Cruisin’ Tikis competitors as a comparison:
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Cruisin’ Tikis Franchise Disclosure Document
Frequently Asked Questions
How many Cruisin’ Tikis locations are there?
As of the latest data, Cruisin’ Tikis operates a total of 106 units, all of which are franchise-owned. The company does not have any company-owned locations.
What is the total investment required to open a Cruisin’ Tikis franchise?
The total investment required to open a Cruisin’ Tikis franchise ranges from $83,000 to $124,000.
What are the ongoing fees for a Cruisin’ Tikis franchise?
Cruisin’ Tikis franchisees pay a 6% royalty fee on gross sales. They are also required to contribute to marketing at 2% of the gross sales.
What are the financial requirements to become a Cruisin’ Tikis franchisee?
While specific requirements for minimum net worth are not publicly disclosed, potential franchisees should have liquid assets of at least $70,000 to cover the initial investment and sustain operations during the startup phase.
Who owns Cruisin’ Tikis?
Cruisin’ Tikis is owned by Karen Darby, who co-founded the company with her late husband, Greg Darby. Greg was the inventor of the first Cruisin’ Tiki, which he built in their backyard. Following Greg’s passing in June 2023, Karen continues to lead the company, honoring his legacy.
Disclaimer
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