LB02-ABS-Profitable Luxury Canal Boat Holiday Hire Business- Retirement Sale- Lancashire

Business profile:
Confidential Retirement Sale of an established and profitable luxury canal boat holiday hire busi-ness, ideally located in a beautiful location, on one of the most scenic canals in the country with miles of lock free cruising.

The Company commenced trading in 2012 and is now available for sale due to the planned retirement of the owners. The fleet of four luxury narrow and wide beam canal boats are fitted to a very high standard. The business is owner operated assisted by two self-employed pilots and a cleaning contractor.
Trading Premises:

The business is ideally located on a Marina, that offers moorings for narrowboats, wide beams, and cruisers.

The marina provides easy access to pubs, restaurants, and shops. Facilities include water and electric points for convenience. Although this business operates from its current marina at the moment however it could easily be relocated to operate from any Inland Waterway.

The business offers secure parking and on-site facilities, and is fully equipped, with all fixtures, fittings, spares, stock and equipment within the asking price. The sale also includes ownership of a fleet of 4 modern narrow and wide beam canal boats, valued at £400,000.
The hire fleet has been professionally valued for insurance purpose by Surveyors to Lloyds Underwriters:

The Bespoke 42ft x 9ft, a two-berth luxurious wide beam canal boat designed to accommodate 2 in unrivalled luxury. Valuation £130,000

The bespoke 47ft x 6ft 10″ luxurious canal boat based on an Edwardian gentleman’s launch, accommodating 2 in unrivalled luxury Valuation £105,000

The bespoke 57ft x 6ft 10″ luxurious narrowboat, designed to sleep 4 in unrivalled luxury. Valuation £85,000

The bespoke 56ft x 6ft10″ luxurious narrowboat designed to sleep 4 in unrivalled luxury. Valuation £80,000

Value of Hire Fleet more than £400,000.