Vineyard Tourist Business, GŒtes And B & B, For Sale
Location France
Asking Price Range $1.0M - $2.5M
Gross Revenues $320000
Net Profit / Cash Flow $300000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2000
Number of Employees 1 - 3
Inventory 100000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training yes, owner driven
Reason for Sale retirement
Description A very rare wine estate between Perpignan and the Mediterranean coast in French Catalonia.
Now reconverted into a professional tourist business comprising: 6 holiday apartments (gites), a Bed & Breakfast operation with 4 ensuite rooms, kitchens etc, a 12 metre pool. The owners have their own 7 room apartment.
The estate comprises 9 hectares of pine forest, eucalptus groves, apricot and avocado orchards, horse paddocks as well as 3.2 hectares of vines.
The farm building, or mas, is a beautiful brick and pebble-built edifice dating back to the early 1800s. It boasts 1450mý of floorspace as well as the old cellars and wine vats.
The tourist business is run through a limited company (SARL) and the property is run through a property company (SCI). The commercial side of the venture pays a hefty annual rent to the property company out of its gross turnover of _250k. Both companies belong entirely to the present owners. Prospective buyers can thus either buy these two companies outright or just buy the property.
Although the business turns over a healthy amount, it could be radically improved. Marketing is slack and the whole camping side of the business is not exploited. Nor is the restaurant side.
For more information please write or phone me in all confidence at +33 675 665 518
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