Excellently Located Bistro Hotel 15 Bed With En Suite Facilities | | Undisclosed Relocatable | | Excellently located Bistro Hotel – 15 Bed with En-suite Facilities Confidentially offered for sale Ref No:AC320 Location: Bournemouth Leased Premises Asking price: £215,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70272
ADVERT IMPRESSIONS : 50,211 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Hotels | | SALE: | Agent Sale | LEASEHOLD: | £215000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This bistro hotel has an impeccable reputation gained over many years and has been under the current ownership since 1999. The hotel has gained 1 Star from the English Tourist Board for its well regarded, clean, comfortable accommodation and warm inviting atmosphere.
Well maintained, the hotel is based in an advantageous location and operates convenient hours with reasonable yet competitive prices, which ensures it maintains an extensive base of repeat clientele, and continues to attract new clients.
The hotel currently offers quality bed and breakfast accommodation at affordable rates, although they used to offer full or half board accommodation and a new owner could once again offer a full hotel service, if they so desired.
Situated within a 5 minute walk of the town centre, 2 minute walk to the beach and many tourist attractions and local amenities, makes it perfect for long stays, holidays or weekend breaks. The hotel is ideal for business or holiday tourists making it an ideal base to sample the delights of Bournemouth and the South Coast, or the New Forest National Park, set as it is in this area of outstanding natural beauty.
All rooms boast en-suite bathrooms with showers or baths, tea and coffee facilities and colour televisions, as standard. The Hotel comprises of:
• Own parking for 15 vehicles
• Relaxation area
• Dining room
• Kitchen
• Laundry room
• 3 luxury double/twin rooms
• 2 family Rooms
• 8 double/twin rooms
• 2 single Rooms
• Licensed bar
• Garden with outdoor seating
• Owners flat in basement with living room, bedroom & bathroom
• Offices
Equipment:
This is a well appointed and fully equipped hotel with commercial kitchen and all relevant licenses.
Key Strengths:
Without doubt the name and location of this business are their major benefit, which derives from being a long established, quality yet competitive hotel, offering superb local attractions and a well appointed welcoming interior.
Growth and Expansion:
This is an area that already attracts large numbers of tourists and visitors year on year and is in an area of outstanding natural beauty with amenities and attractions that attract young and old, conservative or adventurous types, or just those looking for a superb family holiday or break.
Key Opportunities:
The owner now only offers bed and breakfast but he used to offer full board facilities. This is an area a new owner could once again incorporate into the hotel. They could also open the hotel dining room and bar to non residents, as several of the competitors locally also only offer bed and breakfast, thus ensuring a large local customer base throughout the year.
Advertising and Marketing:
The business benefits from return clients of approximately 80% each year and only relies on the website and English Tourist Board for additional customers, thus offering a superb opportunity for a new owner with a strong focus on advertising and marketing, to increase the client base significantly.
Employees:
The current owner works full time in the business and is assisted by two part time employees at weekends only.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Current turnover is circa £200,000 per annum with good gross and net profits. All fixtures, fittings and equipment are included in the sale price.
Reason for Sale:
This is a genuine retirement sale.
Support and Training:
The owner will provide a handover period and is happy to provide ongoing support thereafter. | | | | | | FOR SALE | | | | | REFERENCE: | AC320 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
