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FOR SALE: A rare opportunity to acquire a dynamic, fully established, profitable, motorhome hire business in central France, currently catering to exclusively English speaking clients.
The business has enjoyed steadily increasing sales, good profit margins and excellent cash generation since 2010. Audited accounts 2016 show sales of €492,000.00 (net of sales tax) with net profits (after corporation tax) of €65,000.00
Operating as a French SARL (equivalent to a Limited Company) the business was established in 2010 by the current English owners and has grown annually with year round bookings coming from an international clientele.
The operation is run by the two owners with four English speaking staff on full-time French employment contracts. The owners spend around 35 hours each per week in the business. Most customers are English speaking so French language is not essential although some of the current staff are bi-lingual.
Opening six days a week (the business is closed on Sundays and a flexible rota has been established to cover Saturdays during the main hire season), the business offers a great lifestyle opportunity in the beautiful Burgundy countryside close to major airports, motorway and train links just 125kms from Paris.
The high value current-model vehicle fleet, transferable funding arrangements and all necessary equipment are included in the sale. Leasehold premises with freehold available by separate negotiation. Recently refurbished living accommodation on-site available subject to separate rental agreement (two small apartments).
The business does not require any particular skills to operate (other than the usual small business acumen). All current staff are English speaking and most external suppliers are bi-lingual too. Website administration/development are handled by UK based suppliers for example and the Italian and German vehicle suppliers all speak English.
The business has a very strong balance sheet and high value assets which are included in the sale. Because of the style of the business, the rental vehicles are readily funded through traditional finance sources.
The business is offered for sale on the basis of transfer of 100% of the shares as a going concern with all vehicles, stock, equipment, forward bookings and goodwill included in the asking price of €325k. The purchasers will also be expected to refund current Director's loans of approximately €200k so the total sale consideration will be in excess of €500k.
Further details including certified accounts for all years up to December 2016 are available upon request.
In the first instance please contact the sellers directly by email including an explanation of your current buying position, preferred timescale and financial status.
New commercial lease to be issued upon sale.
€17,500 per annum
Two recently refurbished on site apartments available to rent by separate negotiation.
Northern Burgundy close to motorway links, railways and within easy reach of major Airports
Leasehold offices, workshops and operating base on commercial lease (with possible freehold option).
All relevant consents in place.
The business has enjoyed continuous expansion since inception and all the signs are that the industry will continue to grow year on year.
Well established industry with no local competition.
Monday to Friday 9am to 5pm, Saturdays in main hire season only, closed Sundays.
The current owners are willing to provide training and support to ensure a smooth handover (period by negotiation).
With a strong balance sheet and high value assets, the business is readily funded through conventional finance routes.
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