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Historical River Boat Company For Sale
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $76027
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1913
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners.
Reason for Sale The vendor has other business interests and believes the business would benefit from a change of ownership to maximise the many opportunities at its disposal.
Description Historical River Boat Company Inc. Freehold British Registered Vessel
Ref.GO018
Location Worcestershire
Asking Price œ 175,000
Turner Butler are delighted to offer the market a truly unique and historical river boat business that represents both a lifestyle opportunity and profitable business all in one.
The business provides both public and private river boat experiences along the ever-popular River Severn and is based in Worcestershire. The vessel is fully owned by the business and its twin decks provide a superb platform for passengers who want to enjoy this beautiful part of England.
The vessel can cater for both large and small parties and is also available for private hire/special occasions. The riverboat is suitably designed so that it can offer both daytime and evening trips throughout the year, whatever the weather conditions!
The business has been trading for some 100 years and has built up a sterling reputation within that time, consistently catering for some 5,000 satisfied visitors each year. However there is plenty of scope to increase passenger numbers and spend per head.
The business model has low overheads as it is currently seasonal and employs staff on a part time basis (including a pool of boat skippers who hold the appropriate boatmasters licenses).
The trading vessel itself has been valued at circa œ145,000. It is in an excellent state of repair and is a fully registered British vessel. It is worth noting that marine mortgages are available for registered trading vesels such as this.
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