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Highly Profitable, Easy Operation, Asset-Backed Business, Yorkshire For Sale

Pickering, North Yorkshire, UK, ID 267802

Highly Profitable, Easy Operation, Asset-Backed Business, Yorkshire For Sale 1
Highly Profitable, Easy Operation, Asset-Backed Business, Yorkshire For Sale 1
Asking price:
GBP£1 700 000
Turnover (per year): £400 000 gbp
Net profit (per year):£217 000 gbp
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Description

Award-Winning Holiday Cottage Business For Sale - Established Tourism Destination with Strong Financial PerformanceEstablished holiday accommodation business comprising eight self-catering cottages with premium family-focused facilities in a popular tourist destination in North Yorkshire.The business generates an average EBITDA of approximately £217,000 from an annual net turnover of around £400,000. The asking price includes the business operations together with approximately £1.75 million in assets, primarily consisting of the property portfolio.The business currently carries debt of approximately £610,000, which may be transferred to the purchaser if required. Should the purchaser assume this debt, the equivalent amount will be deducted from the asking price. Deferred payment options may also be available for a portion of the purchase price, subject to agreement.Forward bookings remain exceptionally strong, providing a positive outlook for future revenue.The business has received multiple industry awards, including seven consecutive TripAdvisor Travellers' Choice Awards, and has built an excellent reputation for high occupancy rates, repeat customers, and consistent profitability.The current owners acquired the property through a limited company in 2017 and have completed extensive refurbishment and investment across the site. All holiday cottages have been fully renovated, guest facilities have been modernised while preserving the property's traditional character, and a purpose-built playroom has been added, offering flexibility for alternative uses.The business has established a strong national reputation and is recognised as one of the UK's leading self-catering holiday destinations for families.The business is currently owner-operated, requiring approximately 20 to 40 hours of management per week depending on the season. Day-to-day operations are largely overseen by an experienced staff member, supported by a team of casual housekeeping personnel responsible for guest changeovers.The business can be operated on a more hands-off basis or, alternatively, new owners may choose to take a more active role to further improve operational efficiency.Key Highlights:* Established holiday accommodation business* Eight fully renovated self-catering cottages* Indoor heated swimming pool* Purpose-built playroom* Children's playground* Petting animal facilities* Average EBITDA of approximately £217,000* Annual net turnover of approximately £400,000* Property assets valued at approximately £1.75 million* Strong forward booking pipeline* Multiple industry awards* Excellent occupancy and repeat customer rates* Flexible management structure* Deferred payment options available, subject to agreement* Realistically priced for a prompt sale

Details

Real Estate: Lease
Asking price: 1 700 000 gbp
Turnover (per year): 400 000 gbp
Net profit (per year): 217 000 gbp

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