Caravan Hire Business For Sale Somerset, United Kingdom Advert ref: CH483A Business description
The business is located in Somerset and positions and hires caravans at various sites where events are being held. The business initially started as three caravans, and now operates ten caravans. An extremely high level of customer service and attention to customer needs, coupled with the provision of reliable well presented caravans, has resulted in a level of repeat business of over 80%.
The business has a healthy forward order book for 2008, and a potential buyer has the choice of either operating at the existing level, which will provide a useful additional income, or to increase the number of caravans hired and thus substantially increase revenue and profits.
The potential to increase the number of caravans hired is certainly there as the present owners have already turned away some 30 enquiries for the main events serviced by the business from June to the end of August. This has been an experience echoed in previous years, where generally around 50 to 60 enquiries were turned away.
By marketing the business at this early stage of 2008, any buyer seeking to grow the business can take advantage of an ongoing enquiry base: similarly should they wish to “run as is” for 2008 and take a view on future growth later in the year, they will have the comfort of a guaranteed return on investment in 2008 due to the forward bookings taken.
The business is offered as a going concern, with all assets included in the sale. A website was set up in 2006, and the appropriate access codes will be passed onto the buyer. In addition, in the interim, the partners will continue to take bookings for available caravans for the follow on events in August to maximize the revenue potential.
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
Vendors and purchasers to meet their own contractual costs. The purchaser could take over the lease of the land on which the caravans are stored if he had no storage facilities of his own.
Location
The projected profit and loss account for the year ending 31st December 2008 forecast a sales turnover of £10,205 (excluding VAT), at a basic net operating profit of £8,387. This is the profit available after all the basic expenses have been paid, that are common to all operators. It does not, however, take account of personal items, such as bank charges, personal loan interest, owner's drawings, depreciation, etc. The caravans and stock related hire items are at present held on the books at £17,000.
Reasons for selling
The owners wish to concentrate on other aspects of their business interests.
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| | Financial details Asking price: £29,950
Sales revenue: £10,205
Net profit: £8,387
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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