Licensed Trade Franchises for sale in Oban

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Licensed (Other) - Argyll And Bute

Oban, Argyll and Bute, Scotland

  • Freehold Price: £799,950
  • Annual Turnover: £214,355
Seller Reference: BC48199
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Business Description
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Seller Reference: BC48199
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Business Description
• High standard hostel, Member of the Trip Advisor ‘Hall of Fame’ for consistently excellent customer reviews. Awarded 4 Stars by the Visit Scotland Quality Assurance Scheme
• Turnover for year end March 2019 of £214,355 with potential to increase
• Terrific location in popular resort town of Oban
• 3 freehold properties included

Profitable freehold premium hostel in a prime Oban location in Scotland. Turnover for year end March 2019 of £214,355 with potential to increase. Comfortable single, twin, and double private rooms as accommodation. 3 separate premises included. Freehold Ref 48199

Backpackers Plus is in the centre of the busy port town of Oban, in the Argyll and Bute area of Scotland. Oban is the largest town on the west coast between Helensburgh and Fort William and during the main tourist season can play host to up 25,000 people. Frequent ferries from the town serve the Southern Hebrides, including Mull and the pilgrimage Island of Iona.

This business is a popular hostel, finished to a very high standard and is spread over 3 adjacent properties. The first is a beautifully converted old church with staff accommodation, a workshop, a well-equipped laundry, and 7 dormitories, which can also be let as private rooms. The former Church Hall has been converted into five individually designed en-suite private rooms and has a whole building heat recovery and ventilation system. Next door to that is a former guest house with a further 8 private rooms.

There are various common rooms throughout, the most popular though is the fabulous Sky Room located within the old church. There are also communal and well-equipped fitted kitchens that can be used by individuals or groups which are very popular.

The hostel also supplies a laundry service to guests and some adjacent guest houses, and by arrangement with ‘The View Oban’ special ceilidhs for guests (Scottish dancing and music) particularly coach parties, are frequent during the summer season.

This is a truly unique hostel as it has prided itself in the quality of service provided. They are well known for their comfortable and high-quality bedding, with the owners helping to create a great atmosphere for all who come to visit. This business is an absolute credit to the current owners who have successfully built and managed this hostel for the past 11 years. The owners are hoping to retire following a successful sale.

Summary. Bruce and Co are really excited to bring to market this excellent business opportunity offering 3 freehold premises operating as a single business. We are expecting a high level of interest and recommend an early viewing to avoid disappointment.
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