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Long Established, Profitable Motorhome Hire Operation, Mid France For Sale

Other, Yonne
Asking Price:
€98,000
Sales Revenue:
€500,000
Cash Flow:
€100K - €250K

For Sale on the basis of the transfer of Assets and sale of the Goodwill: A rare opportunity to acquire a dynamic, fully established, profitable, English owned and run Motorhome Hire business in Central France.

For sale as a going concern with substantial bookings for the 2018 season already confirmed. The business covers several commercial activities but this offer is for the sale of the Rental Division only with a guide price for the Goodwill only of €98,000. In addition, the transfer of the business would require investment in the fleet of vehicles (minimum investment of around €275000 required) so the total transfer would involve funding of at least €375000.

This business may qualify for an “Entrepreneurs Passport” to allow French residency status for overseas buyers and families (subject to status).

Steadily increasing sales, good profit margins and cash generation since 2010. Current sales for 2017 financial year in excess of €500000 (as at 01/11/17) plus substantial confirmed bookings for the 2018 season which will be transferred to new owners.

Established in 2009 by the current English owners, the company is France’s largest independent motorhome and campervan rental company attracting a mainly English speaking, International clientele. The company operates a fleet of 24 vehicles from leasehold premises in central France.

The current owners (2) each spend around 35 hours a week in the business. Most customers and major suppliers are English speaking so French language is not essential. The business offers a great lifestyle in the rural French countryside but is close to major airports, motorway and train links. The business does not require any particular skills to operate (other than the usual small business acumen).

Deposited bookings for 2018 are already more than double the same point last year at circa €90000. The value of these bookings will be transferred to new owners at completion of the sale.

The business is offered for sale on the basis of the sale of Assets and Goodwill as a going concern. Further details including certified accounts for all years are available by request.

Please make initial contact by email including an explanation of your current buying position, preferred timescale and financial status.

More information available upon request, please contact seller for further details.

Property information

Real Estate:

Lease

Lease Terms:

New commercial lease with no in-going premium.

Leasehold Rent:

€8,500 per annum

Living Accommodation:

There is a 2 bed apartment on site which may be available subject to separate negotiation.

Location:

Central France, less than one hour from Paris by train in glorious Burgundy countryside.

Premises Details:

Lock-up workshops and storage with all ancillary requirements to operate the business. New commercial lease from transfer of business.

Planning Consent:

All necessary planning consents are in place to allow the business to operate.

Business Operation

Expansion Potential:

The rental division can be operated at a variety of levels depending on the motivations of owners.

Competition / Market:

Whilst there are other hire companies in France, we enjoy a unique market position because of the connection with a mainly English speaking clientele.

Reasons for selling:

As part of the future plans of current owners.

Trading hours:

Monday to Friday 9 -5 plus Saturdays in season.

Years established:
Since 2010

Other Information

Support & training:

The current owners are willing to undertake a period of hand-over and training with new owners.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Seller

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