Scroll To Top

Weddings & Events Rural Retreat Business Incorporating Stunning Freehold Country Mansion House

Undisclosed, Undisclosed
Advert ID
CQ215 / Rightbiz
Freehold Price: £1,950,000
Annual Turnover: £194,000
Annual Net Profit: Available upon request

Weddings & Events/Rural Retreat Business Incorporating Stunning Freehold Country Mansion House in 15 acres
Ref. CQ215
Location : near St Andrews, Fife, Scotland
Asking Price : OIRO £1,950,000

Turner Butler has been appointed to invite offers of purchase of this recently refurbished mansion house incorporating a fully functional Weddings & Events business with multiple revenues streams and huge potential.

• Freehold circa £1.8Million
• Current Turnover circa £140,000 p.a.
• Gross Profits circa £60,000 p.a.
• Ongoing /Future Bookings up to 2 years in advance
• Very attractive EBITDA figures moving forwards-Year 3 Projections EBITDA circa £300,000 p.a.

Business Profile

There are currently 2 main strands to the business, weddings and events with the addition of exclusive lettings now refurbishment is complete.

Key strengths:

Exclusive/Unique – There are few other properties that provide this exclusive and unique environment, and which have the flexibility to work with weddings, corporates and holiday lets.

Amenities – The house and supplementary accommodation (inc. stables) is a substantial asset in its own right and is finished to a very high standard (over £1mIllion spent on refurbishment). Planned expansion potential, new facilities completed 2019, sales and marketing carried out and top rating achieved.

Location – very convenient for Edinburgh, Fife, St Andrews and Dundee, whilst still retaining rural environment
Significant opportunities for further development of the site to generate new revenues streams.

5 Star reviews on key portals inc. Trip Advisor, Google etc.

Financial performance:

The weddings/events business is still very much in its infancy but is already posting impressive figures showing excellent growth as the venue’s reputation is being built. Turnover for the current year is circa £140,000. The vendors have carried out detailed and comprehensive research into the industries it serves and built a business model to effectively service this. With this in mind it has formulated the following detailed forecasts based on which, whilst conservative, illustrate the profitability of the business moving forwards.

Weddings p.a.     Turnover           Gross Profit          EBITDA**

5(2019)              £194,000           £119,000            £40,000
12 (2020)           £294,000           £199,000            £120,000
25(2021)            £453,000           £289,000            £146,000
45 (2022)           £726,000           £447,000            £291,000

*There are circa 300,000 weddings a year in UK (c30,000 in Scotland alone over 50% of which are for none residents, hence accommodation and wedding venues are at a premium).

**Projected EBITDA figures based on management company running the business and having already factored in its own profit margins into the costings. These figures are purely for weddings and do not take into account additional revenues for exclusive lettings and events.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at [email protected]

Listing Details
Location: Undisclosed, Undisclosed
Sector: Wedding Service Businesses, Recreation Businesses, Commercial Properties
Key Features
  • Attractive Business
  • Company for Sale
  • Established Business
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: CQ215 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
The data showed regarding this advert 'Weddings & Events Rural Retreat Business Incorporating Stunning Freehold Country Mansion House - CQ215 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller