| | | 9384LU CANAL BOAT TRIPS L/H £235,000 BEDFORDSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 14,005 TIME(S)
BUSINESS REFERENCE : 9384LU / RightBiz | | | | | | BEDFORDSHIRE CANAL BOAT TRIPS -Est 30 Yrs Ideally located on London to Birmingham canao Specialising in outings, excursions & day hire 4 boats -2 trips & 2 day hire Gift Shop A/T: £156,000 ADJ NP: £50,000 Scope to increase number & type of boats L/H: £235,000 inc boats REF: 9384LU | | | BUSINESS LOCATION: | Undisclosed Bedfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Tourist Attractions | | SALE: | Agent Sale | LEASEHOLD: | £235000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
This business is ideally located on the London Birmingham canal in Bedfordshire
Nearby towns include Leighton Buzzard, Dunstable Aylesbury and Tring
THE BUSINESS
Advent Business Sales is pleased to offer to the market, this extremely well and popular canal cruises business.
Founded over 30 years ago and in the hands of the current vendor for over 7 years, it is only now being offered for sale due to retirement.
The business specialises in group & family outings, excursions, parties and self steer day hire boats.
The following boats are included in the sale
• 1 x Electric powered 65ft x 12ft 6” purpose built trip boat with galley and bar area at rear
• 1 x Diesel powered 56ft x 10ft 6” purpose built trip boat with bar area.
The above 2 boats are licensed to carry up to 60 passengers and for the sale of alcohol plus music & dancing
• 1 x Diesel powered 30ft purpose built self steer narrow boat
• 1 x Diesel powered 28ft narrow boat.
The above 2 boats are licensed to carry up to 12 passengers.
The business has an excellent reputation with coach companies coming from as far away as Bristol, Kent, Suffolk & Midlands.
The business is predominately summer based with the season running from Easter through to the End of October.
Each trip normally has a team of 4 staff .
There is also a gift shop.
The turnover from the shop is approx £19,000pa and the trips approx £137,000. It is expected that the net profit would be approx £54,000pa
We are advised that stock at cost is approx £6,000.
REF: 9384LU
TRADING HOURS
Summer
Mon-Sun: 9.00am – 6.00pm
Winter
Weds – Sun: or as required
EXPANSION POTENIAL
The operation of the business has been scaled down in recent years due to bereavement. The business previously had 3 trip boats, 3 day boats and 2 holiday hire boats. These numbers could be re-instated with the addition of a further day boat.
The business has previously offered Sunday lunches, Christmas parties and corporate events.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £156,000
Gross Profit:
Adj Net Profit: £54,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
Shop with views over moorings
• Rear office
• Laundry/staff room
• Staff w/c & rest room
• Shared communal W/C for public
TENURE: Leasehold
Original lease: 15 years
Remaining lease: 15 years
Review every: 3 years
Rent: £18,000
We are advised that the annual business rates are currently: £3,000 | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9384LU / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
