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Willamette Queen Established, Well Loved, Turnkey Business For Sale

Salem, Oregon, US
Asking Price:
$750,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Amazing piece of Oregon's history available on a modern platform. This 1990 jack sarin (naval architect) designed sternwheeler, is an accurate representation of how the rivers in Oregon looked with vessels like this plying the waters.

The Willamette queen is an active, turnkey, and viable business, whether cruising the Willamette for weddings, corporate events, brunches, or sitting at the dock as a restaurant. The vessel has food and liquor licenses. Featured in many articles, the Willamette queen is very well known, and the city of Salem is very keen on keeping the vessel in place as a great tourist destination.

A late 2018 marine survey valued just the vessel at $800,000.00. You can get the vessel and the business for less than that!!!

If you are a water faring person, looking for an amazing business opportunity, you have just found it! After 24 successful years (yes, the business came through COVID just fine) the owners have decided to retire, and pass the Willamette Queen onto fortunate new owners. They have decided to sell the vessel and business, or just the vessel, whichever works for new owners.

Able to have 101 patrons dining, and a total of 109, the WQ is a Coastguard inspected vessel. There is a full bar, and kitchen, to cater to any event you could imagine. The WQ is a renown wedding venue, and is used for river cruising brunches, private dinner events, and much much more. Captain Richard deftly maneuvers the vessel using the forward/backward thrust of the hydraulically driven paddle wheels, and side thrust from hydraulic bow and stern thrusters, while Ms Barbara runs the galley and bar.

There are many different linens, chair coverings, and table ornaments/decorations etc to provide a great palette of color options to a bride or event planner, and this includes decorations for all major holidays. There are also several vehicles that can go with the boat, and have been used successfully alongside the WQ.

The vehicles include:

1999 9 passenger Lincoln Limousine

1989 Ford 16 passenger Shuttle Bus

50' Double Decker Parade Float designed like a sternwheeler.

As a very established business, a new owner could be very successful, with some guidance from the current owners. Even if only operated as a waterfront restaurant, the business would be thoroughly supported by the city of Salem.

If you would like to view the Willamette Queen, please call the listing broker to schedule a viewing.

For more information, please contact us by using the email below.

Property Information

Location:

Salem

Premises Details:

Sternwheeler fully operational, established business

Business Operation

Competition / Market:

None

Reasons for selling:

Owners retiring

Employees:
3
Years established:
22

Other Information

Support & training:

Owners will support to help new owners.

Website:
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Relocatable:
This business can be relocated.

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