Historical River Boat Company Inc Freehold British Registered Vessel for Sale
Freehold : £ 49,950
Historical River Boat Company Inc. Freehold British Registered Vessel
Location : Worcestershire
Asking Price : O.I.R.O. £49,950
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 £145,000. 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.
||Currently seasonal through choice. - could operate for 12 months of the year if so required.
||The vendor works in the business part time and has a pool of around 7 part time staff who have worked in the business for several years, including fully licensed boat skippers, catering and bar staff.
||The vessel itself is freehold circa £145,000. The boat mooring is leasehold. There are 21 years remaining on the current lease. Current rent is circa £1,500 p.a. Rates are circa £1,200 p.a. The mooring location is ideal.