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Holiday Boat Hire Business/Accommodation In Stoke Golding For Sale

Stoke Golding, Leicestershire, UK
Asking Price:
£630,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£280,000
Net Profit:
£65,000

SALE AGREED.

Established Company with Profitable Business and Assets

The company was established in 1972 in Stoke Golding, Leicestershire. Located in a charming village with convenient transport links, this business offers secure parking and on-site facilities, ensuring a reliable operation.

The company is fully equipped, with all fixtures, fittings, spares, substantial stock and equipment within the price range.

The sale also includes ownership of 8 modern narrowboats, valued at £393,680.
The range of narrowboats includes two 69-foot 8/10-berth boats, one 62-foot 4/5-berth boat, a 58-foot 5/7-berth boat, and two 55-foot 2/4-berth boats.
Additionally, there are two purpose-built 36-foot narrowboats that can comfortably accommodate 8 people for the day or 2 people overnight.

The purchaser will also acquire a lease for a 3-bedroom canal-side cottage that has a lounge, music room, and small garden.
A boatyard hire business that provides a complete lifestyle package.

The business generates income through the hiring of narrowboats for weekly and short-break holiday rentals and dayboat hire.

Furthermore, the company also sells diesel, gas, coal, souvenirs, and chandlery to passing boats. Boat painting and carpentry services are also provided on-site, creating extra revenue streams.

The sale also includes a timber building that houses an office and shop, outbuildings, and workshops.
2 boat painting tents and 500 feet of moorings provide rental income.

This opportunity offers immediate profitability, with over £80,000 worth of future boat bookings as of March 31, 2024.

Operating from March until November, the business has established opening hours of 9 a.m.–5 p.m., Monday–Friday, and 9 a.m.–12 p.m. on Saturdays.

With an online presence, including a website with a booking portal and social media accounts on Facebook and Instagram. The company has excellent ratings and reviews on Google (4.9 stars) and Facebook (5 stars).

The current owners are committed to providing full training and support to ensure a smooth transition for the new owners.

Take advantage of this retirement sale after 32 years of ownership and embark on your own successful venture in the boating and leisure industries.

Property Information

Property:

Leasehold

Lease Terms:

New 14 year lease.

Living Accommodation:

Canalside cottage, 3 bedrooms.

Location:

Stoke Golding CV13 6EY

Premises Details:

Fleet of 8 Narrowboats, 500 ft moorings and 3 bedroom canal-side cottage.
Shop, office, 2 boat painting tents and various outbuildings

Business Operation

Expansion Potential:

Currently operate only 8 boats for hire between March and November only.

Reasons for selling:

Retirement sale.
Owned the business for 32 years

Trading hours:

Monday until Friday 9am - 5pm
Saturday 9am - 12pm.

Employees:
0
Years established:
32

Other Information

Support & training:

Full support and training will be given for 14 days with advice and phone support for the following 12 months.

Furniture / Fixtures value:
£31,524 - included in the asking price
Inventory / Stock value:
£32,332 - included in the asking price