Em-Pwr Business Brokers Ltd is pleased to place onto the market this boathouse letting concern which is based in Lymington in the New Forest. It is a picturesque seaside town with lots of local attractions including Bournemouth. It is cited on a top end marina with recently refurbished shower blocks.
This Business was established by the Owner is 2014 and has steadily grown. He has other business interests and this is the reason for sale. He has Owned the boat for 4 years and its present value is around £90,000. It has been upgraded and is in very good condition.
The Business provides the boat for letting accommodation purposes only. It is largely a family run business with the Owners partner doing the cleaning and laundry and his niece dealing with marketing and bookings. He welcomes all new guests and checks them out.
In terms of marketing, websites such as holiday lettings and air b and b are used as well as pay per click facebook. The boat attracts much of the high end market including weekenders, clients from abroad, couples and clients with dogs.
In terms of competition, there are 3 other boats offering similar service in the marina, but 95% of new clients seem to stumble across it and it is around 50% cheaper than using a guest house.
There is a lot of potential for this business as it is very much in its infancy. Trips could be organised for whole or half days with picnics
The owner is happy for a hand over period if required.
The annual recorded turnover from June to December 2014 was £6,687.00, with a profit of £5,000, and for the whole of 2015, £13,687.00 with a profit of £9,000. The estimated turnover for 2016 will be in the region of £15,000 with a profit of around £11,000.
The premise consists of a boat which is valued at around £90,000.
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by EM-PWR Business Brokers LTD. The information contained herein has not been verified by EM-PWR BUSINESS BROKERS LTD; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of EM-PWR BUSINESS BROKERS LTD regarding this business are subject to verification and should be independently corroborated.
Location Details: Lymington in the New Forest
Is this business relocatable: Yes
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