Leasehold Independent Surf School, Equipment Hire & Licensed Café Located In Newquay. Prominent Town Center Position. Stunning harbor Views.
Veritas Business Sales is delighted to offer for sale this respected Surf School, Equipment Hire & café, which is located in the Cornish seaside town of Newquay. The business was established back in 1995 and has been in the careful hands of our client for the last 16 months. Reluctantly, the business is now being offered for sale due to other business commitments requiring their full attention.
Since ownership, they have completely refurbished (including a new roof 5 months ago), redecorated and continually invested in new equipment along with fixtures & fittings, which are all bought and paid for and included within the sale price, which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Fins Surf School is owned and operated with the help 1 part-time member of staff and 4 self-employed surf teachers. It has an annual turnover of circa £80,000 (intentionally keeping the t/o under the VAT threshold). They retail surfing products and operate surf school business with a dedicated team of saltwater specialists who are passionate about surfing and surf lifestyle. The business also includes a well-established rental business for all related surfing products with a large following throughout the year. They recently added a licenced coffee bar which is proving popular , with a large decking area at the front of the premises with more potential for seating, providing a fantastic sun trap through-out the day where customers can relax, bask in the sunshine and watch the world go by on the main throughfare to Fistral beach
We believe that there is further potential to increase trade, should you wish, by opening in the evening, especially during the summer months. This is something that the owners present, and past have never done before and would undoubtedly be a huge success, the premises are perfectly situated for a busy café or restaurant undisturbed views across the three bays of Newquay, nestled amongst the thriving restaurants and food outlets. The business enjoys a very strong reputation within the local community and beyond and as such, it has a high level of regular and repeat business, along with many visiting tourists. Throughout the winter months the business plays host to university excursions on a weekly basis as well as a local surf club and kids club. This is a superb opportunity to purchase an established business, which is a great base to build upon, and as such, early viewing is highly recommended.
