Here is an excellent opportunity to acquire an online and walk-in holiday letting company for sale with substantial potential. The average profit before tax over the last couple of years was approximately £60,000 before tax.
The company has been going since 2003 and has a terrific reputation for quality and service.
However,there has been a recent dramatic flood in April this year that has had a major impact on the business,and as a result the asking price has been dramatically reduced.
Things are expected to return to normal early next year,but in the meantime,this represents an excellent opportunity to acquire a business with huge potential at a bargain price.
This is an exceptionally well-run and performing turnkey holiday letting business in a superb south coast location . The current offices are on extremely low rent,although the lease is due to expire in October,but can be renewed.
The business is located in Bracklesham Bay, West Sussex, and is approximately 300 yards from the beach.
The company only had fifteen chalets to let, and therefore increasing the number of lets as well as finding other properties away from the Bracklesham Bay area could substantially increase the current profit.
There is a small electric van (EVN200) included in the package.
The business trades on its reputation for service and quality and has outstanding future possibilities.
The company would be an excellent acquisition for an existing booking company looking to expand, or alternatively, as a stand-alone turnkey operation. There will be a reasonable handover period.
Additional sources of revenue are that the company produces tourist maps for Chichester & Lewes, with paid advertisers booking space on the maps.
The company also sells holiday homes on behalf of clients.
The company also has mailboxes, similar to the Post Office Box, where customers can pick up their mail. There are currently 90 mailboxes onsite, with only fifteen in use.
The company currently operates from leased premises as well as online.
The reason for the sale is due to retirement.
The basis of the sale is on a cash-free or debt-free basis.
