Sure. As long as your buddies don't include a 250 lb guy wanting to come out on 1 slalom.
Also, how heavy you load the boat and how many people you take along is a factor. 250 HP is optimum for that boat, but 225 will get the job done if you keep the boat fairly light and pull people mostly on 2 skis.
One more thing, prop sizes will matter too. I am not knowledgeable on props, but the right prop can make all the difference. Possibly a 4 blade for hole shot?