Award Winning Traditional Coaching Inn for Sale
Betws-y-Coed, Wales-Gwynedd County
Freehold : £ 1,200,000
Turnover : £ 13,750 p.w.
Gross Profit : 15%
AWARD WINNING TRADITIONAL COACHING INN - SNOWDONIA NATIONAL PARK
The Owner has been at the Hotel for the past 34 years and counting
One of the few traditional coaching inns with original features
High amount of regular and repeat trade throughout the year
The Hotel has only had 2 owners in the past 60 years
Well established and highly reputed business.
Fixtures and fittings included in the sale price.
Advised annual turnover of £715,000
Genuine reason for sale
Walk in condition
Meridian Business Sales are delighted to offer to the market this family run coaching inn which has been established since the 1636 and in the careful hands of ourclients since 1982. The only reason this brilliant business is being offered to the market is due to our clients desire to take a well deserved retirement.
Since our clients took ownership of the business they have undertaken a full programme of refurbishment meaning that the business is in full walk in condition.
Our clients inform us that they currently generate a respectable annual turnover which is derived from offering stunning letting rooms and a delicious menu comprising of starters, main courses and desserts.
The coaching inn is one of the few original coaching inns with traditional features such as a log fire, low ceilings and original beams.
Our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively and in particular shows in the year on year increase in turnover and profitability.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade.
The business has been awarded many awards such as the AA 3 Star Highly Commended Inn, the AA Gold Star Food Award 2014 and Visit Wales 3 Star Inn.
This is a fantastic opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this brilliant business is not to be missed.
||We are advised freehold