Vw Campervan Hire Business, Highly Successful And Award Winning | | Selkirk Scottish Borders | | Highly successful and relocatable part time business, with turnover in excess of £40, 000. Quickly established as one of the most professional VW camper rental businesses in Scotland, with extensive scope for further development. Business for sale Vw Campervan Hire Business, Highly Successful And Award Winning is located in Scottish Borders. | | ADVERT NUMBER : 66035
ADVERT IMPRESSIONS : 5,250 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Car & Van Hire | | SALE: | Private Sale | ASKING PRICE: | £118000 | | | | | BUSINESS DETAILS: | For sale, all shares in Classic Camper Holidays Ltd. In its second season, the business has rapidly established itself as one of the most successful VW campervan rental businesses in Scotland.
The business is currently run on a part time basis by the owners from their home in the Scottish Borders around pre-existing business interests. It consists of three rental vehicles; two beautifully restored original 1970s "Bay Window" campers and a 2010 Danbury T2.
The success of the business has been built on a strategy of keen pricing, high quality rental stock and a commitment to customer service, exploiting clear gaps in the market. This has resulted in vehicle utilisation rates in excess of 85% (over 100 hires) and revenues of over £40, 000 (around 25% higher than known competitors). Gross profit for the 2011 season is forecast at £22, 000.
The motivation for the sale of Classic Camper Holidays is in large part due to its unexpected rapid success and the business has been overwhelmed by demand. The business now needs an owner with the capacity to realise its full potential.
A buyer would benefit from the significant investment already made by the owners in the website, SEO, marketing, advertising and PR. Due to the business now being successfully established, operating costs are expected to be significantly lower in 2012 with sustainable opex expected to be around £3, 300 per vehicle, resulting in forecast gross operating profit of £28, 000 in 2012 (based on £40, 000 turnover).
Classic Camper Holidays consistently ranks in the top 5 of Google search results based on the most used search criteria in this sector. Over 80% of sales are generated via web search and the website booking system.
The business currently has a corporation tax credit and has no tax liability in the current tax year. It is not VAT registered, thus maximising return on sales (currently over 55%).
The most obvious development opportunity is by adding more rental vehicles (delivering gross operating profit of around £9, 000-£12, 000 per vehicle). The owners estimate that business worth between £15, 000-£45, 000 was turned down during the 2011 season, demonstrating sufficient demand to justify significant expansion.
The potential to franchise the business was assessed favourably by Scottish Enterprise, leveraging off the established Classic Camper Holidays brand and successful business model and generating economies of scale in relation of insurance, advertising etc.
The current location of the business suffers from it's rural location. A buyer in a location closer to a public transport hub would benefit from greater numbers of international renters in particular.
Please contact the owners for a full Sales Prospectus. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
