Summary
- Asking price:
-
€2,350,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- €202,225
- Cash flow:
- < €250k
- Years established:
- 19 years
- Employees:
- 3 housekeepers on Saturdays during the opening season
- Home based:
- This business can be run from home.
Swimming Pool
Business description
Hamlet of 12 properties on a stunning 50-acre estate in prime Dordogne countryside. Only once in it's 19 year history has this fabulous and very profitable gite business been for sale before.
The business is extremely successful with lots of repeat business each year. The current owners choose to open Mid-May tol Mid-September, which leaves them the rest of the year to relax and enjoy the French lifestyle. However, the new owners might want to open all year which could easily be possbile as the 50-acre estate has 12 properties, a bar plus a small lake. Which gives scope to venture into new holiday markets, such as wine tasting tours, painting holidays, fishing holidays or extend the already sucessful family holiday market.
The main benefits of this estate and business are:
* It is in the most beautiful and saught after area of the Dordogne
* Prime holiday destination
* The business has been operating sucessfully for 19 years, therefore has a proven track record of success.
* Is fully booked year on year.
* Currently operates for 4 months per year which generates audited accounts of €202,225 p.a.
* There is the capability to increase this revenue further by extending the business opening period
* Bookings 100% full for 2009 - economic climate has had zero impact on this business
* Multiple bookings (monies recieved) already secured for 2010 & 2011.
* High level of repeat custom each year.
* 12 Properties includes a mixture of old farmhouses and modern gites.
* Bar lV licence, generating extra income
* Only 40 minutes from Bergerac airport
The only reason for the current owners selling is to return to the UK full-time to be with their children and grandchildren.
Property information
- Location:
- The estate is only a few minutes from the local village/town which has a baker, restaurants, supermarket, banks, schools, doctors etc. and being situated in the ‘heart’ of the Dordogne tourist region it is surrounded by all the honey-coloured picturesque villages & towns of Beynac, Cadouin, Domme, La Roque Gageac, Le Bugue, Les Eyzies, Monpazier & Sarlat.
- Premises details:
- PROPERTY 1: Main Residence
Large detached 433 sq m property. Large farmhouse style kitchen, Dinning room, Library, Study/office, Cloakroom, Master Bedroom with dressing room & bathroom en suite, Family bathroom, 2 double bedrooms, 64 sq m storeroom (could be another bedroom with en suite or a couple of bedrooms), 90 sq m covered terrace.
PROPERTY 2: Detached Farmhouse
Detached 4-bedroom farmhouse, with inglenook fireplace, walled garden with apple & pear trees plus the terrace has stunning views across the valley.
PROPERTY 3: Detached Farmhouse
Detached stone farmhouse with inglenook fireplace, wooden floorboards, beams and two wine cellars. The garden has apple & plum treesn and a large terrace with great views.
PROPERTY 4: Farmhouse
Stone 2-bedroom large farmhouse with a large kitchen, dinning room & sun lounge. The property is in a courtyard and the garden has a well and an organic vegetable garden.
PROPERTY 5: Farmhouse
Stone 2-bedroom farmhouse in a courtyard setting with patio area and stone built BBQ.
PROPERTY 6: Villa
One of four 2-bedroom gites in a courtyard setting surrounded by lavender plants. At the rear of the property is a garden with a patio and the front of all the gites share a courtyard with extra seating for al fresho dining.
PROPERTY 7: Villa
One of four 2-bedroom gites in a courtyard setting surrounded by lavender plants. At the rear of the property is a garden with a patio and the front of all the gites share a courtyard with extra seating for al fresho dining.
PROPERTY 8: Villa
One of four 2-bedroom gites in a courtyard setting surrounded by lavender plants. At the rear of the property is a garden with a patio and the front of all the gites share a courtyard with extra seating for al fresho dining.
PROPERTY 9: Villa
One of four 2-bedroom gites in a courtyard setting surrounded by lavender plants. At the rear of the property is a garden with a patio and the front of all the gites share a courtyard with extra seating for al fresho dining.
PROPERTY 10: Wooden Lodge
Woodland Cabane, open plan, sleeps 3 guests and is set slightly into the woods.
PROPERTY 11: Stone building
Annexe, 2-Bedroom property with Double Bedroom, Single Bedroom, Shower Room, W.C.
PROPERTY 12: Apartment
Large 2-bedroom apartment / Granny annexe with terrace and great views.
PROPERTY 13: Bar
Fully licenced bar with large outdoor terrace and stunning views across the valley.
PROPERTY 14: Barn
Large games barn with seating, games & toys, located next to the bar
PROPERTY 15: Barn
Large barn currently used as a workshop / tool room
PROPERTY 16: Barn
Houses all the equipment for running the swimming pool
PROPERTY 17: Laundry room
with 3 washing machines, tumble drier, irons etc
INCLUDED IN THE SALE:
THE PROPERTIES:
* All the properties as listed list above
THE ESTATE:
* 50-arces (22 hectares) - includes fields, woods, orchards & a central landscape area
* Lake
* 3 walnut orchards - 130 trees (possible extra income)
* Numerous fruit trees - apples, pears, figs, quince, plums, damsons, cherries plus grape
vines, kiwis and sweet chestnuts
* Vegetable garden
* Poplar plantation
* 2 fresh spring water wells
THE FACILTIES:
* Large heated & floodlit swimming pool 14 x 6.5 metres (new liner & pipes April 2009)
* Sunbathing Terrace
* Excellent all-weather tennis court
* Volleyball court
* Wooden climbing frame set in the woods (woodland play area)
* Table tennis
* Swings
THE BUSINESS:
* Successful gîte business with 19 years of accounting
* Full for the 2009 season
* Bookings secured with deposits paid for 2010 and 2011
* Trading Website
* Domain Name
* Client List
* Local contacts
* A great opportunity to take over an up and running successful business, complete with
everything that is needed for the business - 'A perfect Turn-Key Business'
THE EXTRAS:
The estate will be sold with all necessary equipment and contents required to run the business including the following:
* BAR IV licence enabling you to operate a bar and buy direct from wine chateaux
* Bedding & towels for all 9 rental properties
* Crockery, cutlery, pots and pans in all rental properties
* Furniture for all 9 rental properties
* Oven, fridge/freezer, dishwasher & microwaves in all rental properties
* Outdoor furniture for all rental properties
* Furniture & toys in the play barn
* Outdoor furniture for the bar terrace
* Outdoor furniture & sun beds for the sunbathing terrace
* Baby equipment including cots, high chairs, sterilisers, baths, toys, books etc
* Sit on mower
Other information
- Expansion potential:
- Other opportunities for development to increase the revenue:
* Renting out main residence
* Renting out the apartment
* Offer B&B facilities
* Extend the current 4 month season
* Expand on the bar takings by opening to the public
* Open a restaurant/cafe facility
* Accept groups, i.e. yoga, wedding parties, etc.
* Harvest the 130 walnut trees
* Introduce lodges or camping facilities by the lake
* Coppice the poplar plantation and sell the wood
* Expand on the estate and create your own village
- Competition / Market:
- Due to the number of properties, its reputation and 19 years of success the business has very little competition locally or nationally within France. The current economic climate has had zero effected on the business (full for 2009) and bookings for 2010 and 2011 are looking as strong as ever.
- Support & training:
- Marketing, introduction to contacts etc. In fact happy to help out in any way possible to ensure the new owners enjoy the estate & business.
- Reasons for selling:
- Grandchildren in the UK
- Trading hours:
- May - September
- Website:
-
www.gitebusinessforsale.com
- Related documents:
-
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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