Business for sale in United Kingdom – Border Of Glasgow & Edinburgh – Glasgow City – Co133-freehold multi-purpose activity & equestrian centre with restaurant and pub-

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Business for sale in United Kingdom - Co133-freehold multi-purpose activity & equestrian centre with restaurant and pub-

Asking Price: 16,500,000 £ Real Estate: Ownership
Sales Revenue: 1,000,000 £
Net Profit: 1 £
Year Established: 1990
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/Glasgow City/Border Of Glasgow & Edinburgh

Business types:

Arts, entertainment & Recreation

Business categories:

Other Arts, Entertainment & Amusement Businesses

Business description

this highly successful family run business was established over 20 years ago as a multi use activity centre situated in the countryside yet only 15 minutes from central glasgow. It is an outstanding equestrian centre but has huge potential and currently is a multi use centre. In the past seven years the business has undergone refurbishment and major extension work creating a new events centre with a bar and restaurant, all finished to an exceptionally high standard. This venue is suitable for events such as weddings, conferences, exhibitions, music festivals, meetings, and a multitude of other uses. The owners have also been granted planning permission for a 22 bedroom hotel plus health club and swimming pool on-site, offering even greater potential to this business. Having commenced trading more than 20 years ago this company serves an established and loyal clientele in the equestrian world. The business’s motto is to always offer the highest level of service and a memorable occasion for the client, whatever the event. The owners provide a friendly relaxed atmosphere for their guests, they can tailor an event to the customers needs and provide a memorable experience providing good value. This business has immense opportunity to build upon, new owners will benefit from increased levels of profit if they wish to add on further facilities such as 22 bedroom hotel with health centre and swimming pool, to the venue. This business is in an excellent market position with renowned reputation for quality service and price. This is not an opportunity to be missed; it is an ideal investment for a new owner. Facilities in activities centre: bar and restaurant the bar is fully licensed allowing customers to relax, unwind and also have a relaxing time and have a bite to eat. The restaurant has a fantastic chef, well known for his culinary experience. Customers enjoy meals in relaxed surroundings and visit the restaurant on a regular basis. Shopping the business has a shopping mall with several shops let on lease, on the premises enabling customers to treat themselves or buy items for their horses etc. The shop has gifts suitable for family and friends. The shop stocks a vast array of items, with something for everyone. Games arcade in addition there is a large games arcade enabling guests to relax and unwind. Riding arenas the centre boasts the largest purpose built equestrian arena in europe, (95m x 45m) with 1200 fitted seats. It is multi-functional and has been used for music festivals, bike shows, agricultural shows, car boot sales as well as equestrian pursuits. In addition there are 3 arenas all under the same roof. Paint ball also on site they have paintball in addition to scotland's first outdoor laser games, which is leased to the scottish paintball centre, generating further income to the business. Recently built events centre this conference, facility and wedding venue is capable of seating 350 in the main hall and a further 60 in the smaller one. It is fitted with an outstanding kitchen complete with the most up to date cooking range by garland and large walk in fridges and freezers. Customer service: the business has built a huge reputation (mainly by word of mouth) for offering a high level and a friendly service and makes every effort to produce consistently high quality events in beautiful surroundings. Staffs pay strict attention to cleanliness and hygiene and are always polite and friendly, which has led to repeat business and customer loyalty. Key strengths: there are numerous strengths within this industry. Cash flow is very positive as competition and event fees are very profitable and frequently are paid up front. This has placed the business in the healthy position of having no debtors. This business is probably recession proof as it operates with low cost per head products and is serving the equestrian world and events and can tailor events accordingly. Serving a strong market sector of party celebrations and conferences as well as birthdays, weddings etc, makes for further company strength. Such a market sector is unlikely to diminish or to be classed as a passing fad. Key opportunities: the owner believes there is a superb opportunity to increase events and occasions with the addition of a hotel to the venue and as such, they have planning permission to build a 22 bedroom hotel with health club and swimming pool. This will not only add value to the business but will enable it to reap high levels of profit as membership of the health club would generate high additional income. Advertising and marketing: currently the business does not undertake any advertising. The main business is generated from customer referrals, word of mouth recommendations, bearing strong testimony to the venues excellent reputation. However the new owners would benefit from introducing and advertising and marketing strategy to reap greater rewards from the business, certainly by promoting the new fine dining restaurant and conference centre.

Additional information

Additional information: Not Disclosed
Support & training: The owners will fully assist with hand over and training.
Reasons for selling: The owners wish to retire from this business.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: The premise is freehold, it is set in beautiful surroundings, just 15 minutes from the centre of Glasgow. There are 4 internal and 2 external multi function arenas, function rooms, restaurants, a very pleasant warm lodge for all outside catering needs and a pub on the premises. All indoor finishing’s are to a very high standard with excellent toilet and shower facilities with in situ hair dryers etc and all is disabled friendly with access to all levels. There is also planning permission to build 22 bedroom hotel and health centre and swimming pool on the premises.

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