Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Self-catering Family Holiday Resort Specialist
LISTING DETAILS
Firms For Sale ID:
26470
Vendor reference:
AC128
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000
Turnover / revenue:
£173,000
Net profit / cashflow:
Undisclosed
Years established:
29
Trading hours:
Currently 9.00 – 6.00 Monday – Friday and 10.00 – 2.00 Saturday.
Number of employees:
7
OTHER DETAILS
Reason for selling:
As the owners have another more lucrative business they are aware that they are not giving this business the time and effort it requires to take it fully forward, it has grown beyond where they wanted it to be, on its own. They have now come to the decision to sell this as it is beginning to impinge on their own business and is at the point where it can no longer be run part time.
Support and training:
Full support and training will be provided for the new owners, on both an initial basis and on an ongoing basis as required.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The term of the lease is a fully renewable four year lease with 1 year seven months to run at a yearly rental of £24,000 with rates payable of approx. £8,000. There are no rent increases during the life of each lease.
BUSINESS DESCRIPTION
Self-Catering Family Holiday Resort Specialist
Ref.AC128
Location Currently South Coast
Asking Price £ 150,000
The business offers its own tailor made quality holiday packages to selected areas only, providing relaxing family holidays, which have all proved to be excellent revenue generators and is recognised for its excellent service and value for money.
Founded in 1982, high percentages of business is generated by word of mouth, recommendations and repeat business. Customers can also view holiday details via the impressive company website. The client base is mixed and varied from regular repeat customers from a database of 7,000 + to new clients, some booking more than one holiday per year, including short breaks etc.
In a relatively short time the company have become a successful player, offering real people real travel advice. This is an independent travel company with superb staff who are travel experts and travel enthusiasts, always keen to help with any enquiry and offer firsthand experience and knowledge of all the destinations used.
Although this business currently operates from premises in the South, this business could easily be absorbed into an existing business in a similar or field, or relocated to another area to suit the purchaser.
The owners moved into this business from selling property abroad and being asked frequently by potential sellers if they could let the properties in the meantime. This led them into a fully fledged holiday company and has produced very good profits in this time, however there is an enormous scope to expand this business as it has never reached its true potential due to the owners time commitment to their main business of selling property abroad. (This business is not included in the sale but will not be competing in any way whatsoever).
Expansion Potential
The business has used limited advertising and the client database could be expanded via marketing campaigns and promotions to promote it to a much wider audience.
In addition, having built a significant reputation for competitive prices and excellent customer service there is the possibility of widening the business's appeal geographically with additional branches in other major towns within the county in which this business is particularly renown.
And with the ever increasing popularity of low cost flights to more and more regional airports across Europe, bringing the ownership of second homes on the continent within the reach of more and more people in the UK, especially within the South East where travel times are at the lowest, there is also the possibility of extending the travel service into theme or event holidays such as golf, weddings etc.