Profitable Holiday Boat Hire Business in Nuneaton Warwickshire with Accommodation - SALE AGREED
Nuneaton, Warwickshire
- Status
FOR SALE
- Date Submitted:
13/02/24
- Advert ID
606686
- Leasehold: £630,000
- Rent: £14,000
- Turnover: £280,000 (£5,385 Per week)
- Net Profit: £65,000 (24% Profit margin)
Key Features
- Fully Fitted
- With Car Park
- New Lease
- Retirement Sale
- Company for Sale
- Unique Business
- Established Business
- Small Business
- Attractive Business
- Prime Location
- Central Position in Affluent Village
- Accounts Available
Business Details
Holiday Boat Hire Business with accommodation SALE AGREED
Established Company with Profitable Business and Assets.
Company established in 1972 in Stoke Golding Leicestershire. Located in a charming village with convenient transport links, this business offers secure parking and on-site facilities, ensuring a reliable operation.
The company is fully equipped, with all fixtures, fittings, spares, substatial stock and equipment within the price.
The sale also includes ownership of 8 modern narrowboats, valued at £393,680.
The range of narrowboats includes two 69ft 8/10 berth boats, one 62ft 4/5 berth boat, a 58ft 5/7 berth boat, and two 55ft 2/4 berth boats.
Additionally, there are two purpose-built 36ft day hire narrowboats that can comfortably accommodate 8 people for the day or 2 people for overnight.
The purchaser will also acquire a lease for a 3-bedroom canal-side cottage that has a lounge, music room and small garden.
A boatyard hire business that provides a complete lifestyle package.
The business generates income through the hiring of narrowboats for weekly and short break holiday rentals and dayboat hire.
Furthermore, the company also sells diesel, gas, coal, souvenirs, and chandlery to passing boats. Boat painting and carpentry services are also provided on-site, creating extra revenue streams.
The sale also includes a timber building that houses an office and shop, outbuildings, workshops.
2 boat painting tents, and 500ft of moorings provide rental income.
This opportunity offers immediate profitability, with over £80,000 worth of future boat bookings as of 31/03/2024.
Operating from March until November, the business has established opening hours of 9am-5pm, Monday to Friday, and 9am-12pm on Saturdays.
With an online presence, including a website with booking portal and social media accounts on Facebook and Instagram. The company has excellent ratings and reviews on Google (4.9 stars) and Facebook (5 stars).
The current owners are committed to providing full training and support to ensure a smooth transition for the new owners.
Take advantage of this retirement sale after 32 years of ownership and embark on your own successful venture in the boating and the leisure industry.
SALE NOW AGREED.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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