River Tours Business (Confidential Sale)

Key Features:

• Established Leisure Marine Business
• Ideal Lifestyle Business Or To Expand
• Limited Competition In Area
• Popular Tourist Area
• Long Established
• River Tours Boat With 125 Person Capacity
• Low Overheads
• Opportunities To Expand & Increase Turnover
• Licenced By Local Authority & Broads Authority
• Day Boat Hire Business Separately Available

CONFIDENTIAL SALE: RIVER TOURS BUSINESS - SUFFOLK

This established river tours business operates within a popular inland waterway setting and has been trading successfully for many years. It provides river tours to both local residents and visitors, catering to a strong and consistent seasonal market as well as being available by private charter.

The business benefits from its waterside location, offering customers easy access to leisure cruising in a scenic and highly frequented region. The surrounding area attracts significant tourist footfall, ensuring reliable levels of demand throughout the year.

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BUSINESS:

The business operates passenger services and cruising along the River Waveney, providing a simple and accessible way for customers to enjoy the waterways.

Trading is supported by a seasonal team of staff alongside the owner, with low fixed operational costs. Licences and leases are held in respect of the right to use the mooring and office unit as well as with the Broads Authority, and the operation benefits from no direct local competition, presenting further scope to expand.

The business currently achieves a healthy turnover with good margins, supported by repeat customers and high occupancy during peak season. Opportunities exist to introduce additional vessels and services and further develop marketing to grow revenues as well extending the season and opening hours.

The business would ideally suit both a new owner operator who would enjoy taking on a seasonal business in an ideal setting with the lifestyle benefits this can bring or equally an existing marine company who would like to expand their business operations.

The vendor also operates a day boat hire business from a neighbouring section of water together with it's own office, storage and moorings. This business would be available by way of separate negotiation.

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PREMISES:

The passenger boats have their own dedicated booking office and quay heading with access to the waterside to provide berthing for the vessels all of which is surrounded by businesses aimed at the tourist market.

The site layout allows for efficient day-to-day operations and offers ample space quayside for expansion. Its location provides direct access to the water and convenient facilities for staff and customers alike.

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STAFFING:

One member of staff is employed supported by the owners and seasonal staff as required. This lean staffing structure ensures efficient management and minimal overheads, while still maintaining high service levels for customers.

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FINANCIAL OVERVIEW:

The business generates a six figure turnover, with strong seasonal peaks. Overheads remain modest, with nil rates payable. There is potential for a new owner to increase revenues by expanding the fleet and maximising use of existing premises.

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REASON FOR SALE:

The sale is due to the owner's planned retirement. This presents a rare opportunity for a buyer to acquire a profitable, well-established business in a prime waterside setting.

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KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business – including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: M36456E1.

OPENING HOURS: Tours operate on most days April through to October but a new owner could look to increase or decrease the number of tours provided to suit their own purposes.

TENURE: Leasehold - A 9 year lease is in place from August 2025.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the lease.

RENT PAYABLE: River Tours - £5,000 per annum.

RATES PAYABLE: Nil. We are advised that the business benefits from Small Business Rate Relief.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: One full time member of staff is employed supported by the owners and seasonal staff as required.

EPC: We are of the understanding that an Energy Performance Certificate is not required in this instance.

PRICE: LEASEHOLD £175,000 PLUS ASSETS AT VALUATION.

Comprising the licences to operate (where these can be assigned), assignment of lease, business goodwill, fixtures, fittings and equipment. Assets (Boats) to be acquired by separate valuation on completion. Business offered for sale as a going concern.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

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DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01603 662662.