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JMW
John Andrews
03452 412494
johnandrews.deallawyer@jmw.co.uk
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Would you buy this wedding accommodation business for £3.95 million?
The £3.95 million asking price for this business in Bideford in Devon got my attention while looking through a few business listings recently.
This high-end wedding, holiday cottage and restaurant business was established in 1999 and includes 25 acre estate with manor house, cottages and woodland cabins.
There is a purpose-built wedding venue and restaurant and indoor and outdoor pools.
The average turnover is listed as £700k and profit as £200k.
There are existing staff, although this is not entirely clear whether the owner includes themselves in this figure.
The reason for the sale is ill health and they are asking for £3.95 million.
So the question is, would you buy it?
There are a few elements in this listing that caught my eye.
If you want to know what they are, click the video below and discover whether I would buy this wedding business.
#businessgrowth #businessacquisition #buyingabusiness
8 июн 2024
