Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Boat Cruise Business, Visitor Tours, Parties & Private Hire Inc

LISTING DETAILS
Firms For Sale ID:
34752
Vendor reference:
CN052
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£180,000  
Turnover / revenue:
£125,000
Net profit / cashflow:
£30,000
Years established:
9
Trading hours:
Monday Sunday: 9:00am 6:00 pm and Private hire outside these times.

OTHER DETAILS
Reason for selling:
The vendor wishes to join his family in Australia.
Support and training:
The vendor is willing to negotiate a suitable time for training or handover to ensure a successful transaction.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Boat Cruise Business,
Visitor Tours, Parties & Private Hire Inc. 70+ maximum capacity steel vessel
The water based sights & sounds of Cardiff celebrating with friends and colleagues
Ref. CN052
Location : Cardiff
Asking Price : GBP 180,000
This Cardiff based boat cruise company was originally started in 2008 as a dedicated party boat with a strong focus on the stag/hen and adult birthday market. In 2015 the decision was made to concentrate efforts in Cardiff as opposed to trying to expand into a range of cities across the UK. The company decided to diversify its range of services for passengers in Cardiff and added a range of sightseeing tours to its party offering.

Having successfully carried out this rebrand and change of focus and wider appeal, the company now consistently makes a turnover of GBP 125,000, with a net profit of GBP 30,000 and passenger numbers have increased to 13,000 which we consider to be very high considering the boat has a limited capacity of 70.

Market / Competition / Non-Competition Agreements
The main sources of marketing remain the website, with Facebook, twitter and trip advisor also being used. The email database has over 10,000 email addresses and printed leaflets are distributed to outlets throughout South Wales in the run up to the beginning of the season and topped up throughout. The company also has a strong relationship with various third party companies who resell its services on a commission basis.