Beaver Island Boat Company

Beaver Island Boat Company (BIBCO) is a pioneering ferry service provider offering transportation to and from Beaver Island. BIBCO has significantly enhanced its Charlevoix and Beaver Island facilities to ensure a seamless travel experience for its customers. Annually, the company conducts around 375 round trips, covering over 24,000 miles, and accommodating 40,000 passengers, 6,500 vehicles, and approximately 10,000 tons of freight. The company's fleet includes the Beaver Islander, a 95-foot vessel with a capacity for 200 passengers and 10 vehicles, and the Emerald Isle, a 130-foot vessel with a capacity for 298 passengers and 20 vehicles, designed to be handicap accessible. Founded in 1984, BIBCO primarily operates in the transportation industry and also offers Guided Island Tours. As an investor, it's crucial to recognize the essential role of BIBCO in facilitating transport to Beaver Island, a significant tourist destination. The company's extensive operations, robust fleet, and commitment to enhancing customer experience position it as a key player in the transportation industry. The potential for BIBCO to further expand its services and fleet, alongside the promising growth opportunities in the tourism sector, makes it an intriguing prospect for investment. With its established presence and consistent passenger and freight volumes, BIBCO presents a compelling investment opportunity in the transportation and tourism segment.