| (REF: 2161) Unique Floating Bed & Breakfast On A Moored Cruising Ship |
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| Seller Reference: |
2161 |
| B4S Reference: |
26284 |
| Asking Price: |
£495,000
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| Net Profit: |
£51,000 |
| Sales Revenue: |
£73,584 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
7 Years 0 Months |
| Ownership: |
Freehold |
| Location: |
Rochester, Kent, United Kingdom |
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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £73.000 pa with a net profit of £51,000. (See financial summary below).
- A business with great potential.
- An easily run operation.
- A good first time buyers business and ideal purchase for partnership or couple.
- Low mooring costs.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides bed and breakfast.
History
Phoenix Business Transfer Agents are delighted to place onto the market this very unique Bed and Breakfast Guest House which has been established since 2004. The business has been in the hands of the current owner since 2004 and now wishes to sell due to retirement.
Services
This very good business opportunity provides Bed and breakfast.
Staffing
The concern employs no staff.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business via websites and has a website.
Competition
As far as competition is concerned there is no another similar business.
Market
The client base consists of tourists from all over the world and commercial contracts.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include opening a restaurant in the evening.
• Increasing the product line to include alcohol.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £73,584 with a gross profit of 91% and a net profit of £51,000. The present value of the stock is £2000.
The potential turnover of the business within the next 2 years is forecast to reach £150,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.
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Property: |
Freehold |
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Lease Terms: |
The mooring costs are £6000 per year which includes water and waste disposal and rates of £1000.
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Current Rent: |
£6000pa |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The Ship has 3 decks and was a 1930s Rhine Cruiser it is 140ft long with a beam of 20 ft and a dead weight of 170 tonnes.
The ship was refurbished in 2004 by the current owners to a high standard.
There is 1 double cabin 2 single cabins with shared shower room and toilet.
There is a double cabin with on suite and a twin with on suite.
A further large double (family room) with private deck and on suite
There is a large Galley (kitchen) area open plan with a large seating area.
There is a further large living/Dinning room area.
EXTERNAL
To the front there parking and a decked garden area
On the upper Deck there is a BBQ and seating area.
There is a lower deck so far unused which could be refurbished into a double bedroom wet-room and living room for owners use or further accommodation.
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Location: |
- Situated on the Medway near to Rochester in Kent.
- Permanently Moored at the Medway Bridge Marina.
- Excellent parking facilities.
- Surrounded by densely well populated residential area with schools and other local amenities.
- Commercially thriving and tourist area.
- Well linked with London by train in 30 minutes.
-Rochester Castle, Chatham Historical Dock Yard, Leeds Castles all lie close by.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.
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As far as competition is concerned there is no another similar business. |
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The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the opening hours to include opening a restaurant in the evening.
• Increasing the product line to include alcohol.
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The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made. |
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now wishes to sell due to retirement.
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The concern employs no staff. |
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