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2026 FDD VERIFIED
Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis

Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis

Franchising since 2015 · 36 locations

The total investment to open a Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis franchise ranges from $105,769 - $742,550. The initial franchise fee is $49,950. Ongoing royalties are 6% plus a 2% advertising fee. Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis currently operates 36 locations. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$105,769 - $742,550

Franchise Fee

$49,950

Total Units

36

FPI Score

This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.

Top SBA Lenders for Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis

What is the Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis franchise?

The question every prospective investor asks when evaluating an experiential tour franchise is deceptively simple: can a business built around people having fun on water and pedal-powered vehicles generate serious, repeatable returns? The answer requires understanding four distinct but converging brands — Trolley Pub, Tiki Pub, Paddle Pub, and Cruisin' Tikis — all operating within a leisure economy that is generating billions in annual revenue and accelerating post-pandemic. The pedal bike experience that anchors the Trolley Pub concept has been operating since 2006, making it one of the earliest players in what would become a nationwide phenomenon, now present across more than 120 markets throughout the U.S. and Canada. Cruisin' Tikis, founded in 2015 by Greg Darby and headquartered in Fort Lauderdale, Florida, launched the floating tiki bar concept and has since scaled to over 100 tiki boats operating across more than 40 cities, with 106 franchisees documented in 2024 data. In early 2025, Cruisin' Tikis was acquired by TourScale, the franchisor already operating the Trolley Pub, Tiki Pub, and Paddle Pub brands, creating a vertically consolidated experiential tour franchise platform that controls the most significant slice of this niche but rapidly expanding market. Paddle Pub, which entered the waterfront cycle boat space in 2015, now operates in over 50 markets and claims the most extensive cycle boat business in the country over the trailing two years. The Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise ecosystem sits at a compelling intersection of three durable demand drivers: the experiential economy, post-pandemic social gathering, and the near-universal consumer appetite for what the industry has come to describe as Instagrammable leisure. This analysis, produced independently by franchise research professionals, does not represent marketing copy from the franchisor — it is designed to give investors a factual, data-grounded foundation for serious due diligence.

The broader market context for the Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise opportunity is substantial and accelerating across multiple measurement frameworks. The U.S. bars and nightclubs industry, the classification under which experiential tour operations are categorized, generated approximately $39.0 billion in annual revenue as of 2025, representing a powerful post-pandemic rebound driven by an annualized revenue growth rate of 12.8% from 2020 through 2025. Longer-range projections call for moderate but sustained growth of approximately 1.5% annually through 2030, pushing industry revenue toward $42 billion within five years. Separate market analyses peg the global pubs, bars, and nightclubs market at $36.2 billion in 2024, projected to reach $58.4 billion by 2034 at a compound annual growth rate of 4.9%, while another research framework measures the same category at $70.54 billion in 2024 with a trajectory toward $105.82 billion by 2032 at a 5.2% CAGR. The divergence in these estimates reflects differences in geographic scope and category definition, but all frameworks point in the same direction: sustained, secular growth. Several macro forces are particularly favorable for pedal-pub and floating tiki bar operators specifically. The consumer shift toward experiences over goods is documented and durable — research consistently shows Millennial and Gen Z cohorts allocating a disproportionate share of discretionary spending to memorable, shareable social experiences rather than physical products. The bachelorette party, corporate team-building, and birthday celebration markets are not cyclical niches; they are recurring demand pools that regenerate annually. The bars and nightclubs sector also benefits from structurally high gross profit margins, with industry data showing bars typically generating 65% to 80% gross profit — a margin profile that is substantially superior to food-intensive restaurant formats. The competitive landscape within the specific experiential pedal-pub and floating tiki segment remains relatively fragmented outside the TourScale umbrella, meaning the brands reviewed here operate with meaningful scale advantages in markets where they are present.

The Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise cost structure varies meaningfully depending on which vehicle type and brand format a prospective investor selects, and understanding that spread is essential before evaluating investment merit. The Tiki Pub franchise fee is $49,950, a figure that also applies to the Cruisin' Tikis domestic franchise offering per the brand's current website, though historical 2020 FDD data for Cruisin' Tikis listed an initial franchise fee of $20,000. The Tiki Pub total investment range spans $137,200 to $538,500, with FDD Item 7 data indicating a somewhat higher range of $360,050 to $683,550 depending on market, format, and build-out complexity. The minimum cash required for a Tiki Pub franchise is $50,000, a figure that will be influenced by location, the number of vessels or vehicles deployed, and local market conditions. For the Cruisin' Tikis format specifically, the 2026 FDD breaks the total initial investment into granular components: the initial franchise fee at $20,000, dock rent and deposit between $1,000 and $12,000, vessel purchase between $56,500 and $58,500, delivery costs between $1,000 and $18,000, computer systems and equipment between $175 and $3,000, grand opening advertising between $2,000 and $3,000, branded merchandise between $40 and $100, and miscellaneous opening costs between $100 and $300, producing an aggregate initial investment range of $83,000 to $124,000. The Cruisin' Tikis website separately indicates vessel costs can range from $57,500 to $85,500, which suggests the upper end of total investment can flex beyond the base FDD range depending on vessel configuration. The ongoing royalty structure for Cruisin' Tikis is 6% of charter revenue, with an additional 2% national brand fund advertising fee — producing an 8% total ongoing fee burden on gross revenue, which is broadly in line with franchise system averages across experiential and food-service concepts. Notably, Cruisin' Tikis charges no additional franchise fee for operators who add multiple vessels, which creates a meaningful economic incentive for franchisee expansion and changes the unit economics calculus favorably for multi-boat operators. The Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise investment profile spans a wide range, making it accessible at the lower end for owner-operators entering with a single vessel, while scaling significantly for multi-vehicle operations with employees.

Daily operations across the Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise portfolio differ by vehicle type but share a common operational DNA centered on tour scheduling, staffing, customer experience management, and weather contingency planning. Trolley Pub operates 16-passenger pedal-powered vehicles on two-hour tours, requiring coordination of driver-guides, booking management, and bar setup at each departure. Paddle Pub expands the passenger count to 26 per vessel on 2-to-3-hour tours, with each rental typically including a U.S. Coast Guard licensed captain and a dedicated party host — a dual-staffing model that elevates labor costs but directly supports premium pricing and customer satisfaction scores. For water-based operations under Cruisin' Tikis, the boats comfortably seat six passengers plus one captain, come equipped with a cooler with ice and a Bluetooth speaker system, and allow guests to bring their own snacks and beverages, creating a lean operational model that minimizes per-trip consumable costs. Any franchisee who intends to personally captain a Cruisin' Tikis vessel must hold at minimum a 6-Pack U.S. Coast Guard License, though some inland lake markets may only require a commercial boating license, meaning local jurisdictional requirements must be independently verified before signing. Training for Tiki Pub franchisees is delivered through a comprehensive two-week immersive program designed to cover all aspects of franchise operations. Trolley Pub provides onsite training and orientation at Trolley Pub headquarters, market analysis support to identify optimal launch locations, access to a dedicated marketing team covering local advertising and social media campaigns, and ongoing development opportunities through a shared franchise network. Cruisin' Tikis franchisees receive complete online booking software and credit card processing infrastructure, a dedicated landing website, exclusive registered trademark usage rights for digital channels, and ongoing technical support for both operational and maintenance needs. Territory protection for Cruisin' Tikis has been structured at the hyperlocal geographic level — the franchise contract for the Metropolitan Detroit franchisee, for example, granted an exclusive non-assignable right to operate on the United States side of Lake St. Clair, illustrating a territorial granularity designed to prevent intra-brand competition in confined waterway markets.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for the combined Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise system. This is a material consideration for any prospective investor conducting due diligence, as the absence of Item 19 disclosure means the franchisor is not providing audited or systematically validated revenue and profit figures within the FDD itself. However, publicly available performance data from TourScale's brand marketing materials for Tiki Pub provides meaningful reference benchmarks: yearly gross sales of $745,070 per unit, with owner-operator estimated earnings projected between $89,409 and $111,761 annually. The franchise payback period is estimated at 3.9 to 5.9 years based on these figures, a range that reflects variability in local market conditions, operating costs, and individual operator performance. It is important to note that the franchisor explicitly qualifies these figures by stating they do not reflect costs of sales, operating expenses, or other deductions required to arrive at net income, meaning the $89,409 to $111,761 owner earnings figure should be treated as a pre-expense approximation rather than a guaranteed net profit. Cross-referencing these figures against the broader industry context is instructive: bars and nightclubs industry data show gross profit margins of 65% to 80%, which is structurally supportive of the revenue and earnings estimates provided for Tiki Pub. For a single-vessel Cruisin' Tikis operator who purchased entry at the lower end of the investment range — approximately $83,000 total initial outlay — and generates charter revenue approaching the Tiki Pub benchmark of $745,070, the implied return on invested capital would be substantial, though individual results will vary materially based on market size, seasonality, dock access, and competitive intensity. Prospective investors should request earnings validation directly from existing franchisees during the validation process and model multiple revenue scenarios before committing capital to any format within this franchise family.

The growth trajectory of the Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise system reflects a sustained period of expansion across both land-based and water-based formats, with the TourScale acquisition of Cruisin' Tikis in early 2025 marking the most significant structural development in recent memory. Cruisin' Tikis went from its 2015 launch to 106 franchisees operating more than 100 boats across more than 40 U.S. cities — a growth rate of roughly 11 to 12 net new franchisees per year on average, accelerating toward the later years as brand recognition compounded. The pedal bike market in which Trolley Pub operates has grown from a single-brand experiment in 2006 to a category present in over 120 U.S. and Canadian markets, while the cycle boat market pioneered by Paddle Pub has expanded to over 50 markets since 2015. The TourScale consolidation of all four brands creates competitive moats that independent operators cannot replicate: centralized booking technology, shared national brand advertising fund expenditure, cross-promotional territory strategies, and a unified franchisor infrastructure with the resources to support franchisee growth at scale. Paddle Pub Long Island's decision to introduce a new Cruising Tiki Boat with Karaoke represents a product innovation that merges two proven entertainment formats — the waterfront cycling experience and the floating tiki bar — into a single differentiated offering, a template other markets may replicate. TourScale's explicit branding of these franchises as high-demand, Instagrammable experiential brands reflects a deliberate positioning strategy aligned with the documented consumer trend toward social-media-shareable leisure, which drives organic marketing through user-generated content at a cost structure that paid advertising cannot match. The structural competitive advantage of the TourScale platform is the network itself: 106 Cruisin' Tikis franchisees, Trolley Pub locations across 120-plus markets, and Paddle Pub in 50-plus markets create a brand awareness density that makes new market entry progressively easier.

The ideal franchisee profile for the Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise opportunity skews toward owner-operators with hospitality instincts, logistical aptitude, and a genuine enjoyment of high-energy social environments — the franchisor itself describes the Cruisin' Tikis opportunity as ideal for someone who enjoys being on the water and putting smiles on people's faces. Water-based operators entering the Cruisin' Tikis or Paddle Pub formats must be prepared to obtain or already hold appropriate Coast Guard licensing, coordinate dock access agreements with municipal or private marina operators, and manage weather-dependent scheduling that requires flexible customer communication protocols. The two-week initial training program for Tiki Pub and the Trolley Pub HQ onsite orientation both favor candidates who can commit fully to hands-on immersive learning. Multi-unit expansion is structurally incentivized by the Cruisin' Tikis fee structure, which charges no additional franchise fee for subsequent vessels, meaning a franchisee who proves the concept in one market can scale their fleet without duplicating the upfront franchise fee investment. Available territories span the U.S. market, with active expansion underway across all four brand formats, and performance data suggests coastal markets, lake communities, and urban waterfront districts with established tourism infrastructure deliver the strongest booking volume and revenue consistency. The absence of a brick-and-mortar lease requirement for most formats — particularly the land-based Trolley Pub and mobile water-based Cruisin' Tikis — reduces the fixed-cost burden that typically creates the highest failure risk in traditional food-and-beverage franchises.

The Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise opportunity warrants serious evaluation from investors who believe in the structural durability of the experiential economy, the post-pandemic acceleration of out-of-home social spending, and the competitive positioning advantages that come from operating under a consolidated franchise platform with the scale and resources of TourScale. The U.S. bars and nightclubs market generating $39.0 billion annually and projected to reach $42 billion by 2030, combined with 65% to 80% gross profit margins typical in this industry segment, creates a financial backdrop that is fundamentally supportive of well-run experiential tour operations. The estimated $745,070 in yearly gross sales and $89,409 to $111,761 in owner-operator earnings published for the Tiki Pub format, alongside a 3.9-to-5.9-year payback period, provide a credible starting framework for modeling investment returns — but as with any franchise, the quality of the territory, the operator's execution, and the local competitive landscape will determine actual outcomes. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark the Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise against alternative opportunities within the experiential tour, hospitality, and leisure franchise categories. The combination of a low-to-mid-range investment entry point, a proven and growing national franchise system, strong brand recognition in the Instagrammable leisure segment, and a recently consolidated corporate structure under TourScale makes this a franchise family deserving of rigorous independent analysis before capital commitment. Explore the complete Trolley Pub Trolley Party Tiki Pub Paddle Pub And Cruisin Tikis franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

Key Highlights

Data Insights

Key performance metrics for Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis based on SBA lending data

Investment Tier

Significant investment

$105,769 – $742,550 total

Why Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan-level data for every approved franchise borrower. Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.

Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis franchisees, the practical question is which financing path actually closes for this brand's profile.

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis from this window does not reflect lender denial — it reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$85K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,095

Principal & Interest only

Locations

Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikisunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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4 FDDs Available for Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis

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Trolley Pub, Trolley Party, Tiki Pub, Paddle Pub, and Cruisin' Tikis