Leisure businesses for sale

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Mr & Mrs Neville (Sept 2013)
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Freehold Price: £545,000 Annual Turnover: £181,000 Annual Gross Profit: £118,000
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Business Description
This highly reputable and expanding yacht charter business has been hiring yachts in the West Coast region of Scotland for about a quarter of a century. In that time the business has positioned itself as one of the leading and longest established companies it its field in a sailing area that is regarded as one of the best in the UK, if not the world!

The company currently has its own fleet of some 5 high quality yachts that are chartered out to a range of customers. In addition to this(and at time of going to market) the business charters a further 5 vessels on a managed basis, and also operates another 3 agency yachts. The number of managed/agancy vessels in the fleet can change year on year dependant on demand and the owners are able to adjust their offering accordingly.

The managed boats, are owned by other individuals, rather than the Company, but are operated by the company throughout the season with little or no help from the owner. The agency boats, are also owned by other individuals, but the owners do all of the work on them, with the Company marketing them and providing them bookings, and handling the administrative side of things.

Typically the fleet offers 6 to 10 berths with largest yachts being 15 metre vessels. The majority of clients are experienced sailors and sail the vessels themselves. However, the company can also provide a skipper for the less experienced as well as arranging corporate events.

The business enjoys very impressive levels of repeat business from returning clients. This repeat business represents circa 75% of current turnover. Customers are truly international with many bookings coming from overseas. The business has clients who have been chartering their yachts for some 20 years. Customers include boat clubs, individuals and large blue chip multi-nationals. Typically the charter season operates between March and October (8 month season).

The business enjoys “prime berths” in what is regarded as one of the best marinas in Scotland. The marina is very accessible with excellent transport links to the rest of the UK and Europe. The company also has its offices situated at the marina, which is ideal for greeting customers and from a marketing point of view.
Trading Hours:
As required. The season runs for 8 months March to October.

Number of Employees: 02

Tenure: Freehold

The business benefits greatly from its memberships and associations and has enjoyed significant press advertising over many years in several of the major publications in this sector.

Support & Training:
They are happy to provide the necessary handover period to ensure continuity of trading and a seamless transition of ownership, subject to negotiation.

Location Details: West Coast of Scotland

Listed by: Turner Butler
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