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Resort for Sale in Cove, UK

For sale: Holiday resort with hotel, apartments, lodges and food & beverage operation.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.04 million
Run Rate Sales USD 2.3 million
EBITDA Margin 20 %
Industries Resorts
Locations  Cove
Local Time 2:32 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9.5 million (Native Currency: GBP 7,000,000)
Reason: Retirement of the owner.
Includes physical assets worth USD 9.5 million
Interested to connect with advisors
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Business Name
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Business Overview
- The business is a holiday resort located in Cove, Scotland, offering a unique experience in a picturesque location.
- It includes a hotel with 19 suite rooms, 10 waterside suites, 12 apartments, and 9 lodges, catering to a variety of accommodation preferences.
- The resort also features a bar and a 120-seater restaurant, providing a diverse food and beverage operation for guests and visitors.
- The business primarily serves tourists and travellers, making it a popular destination for holidaymakers in the region.
- Currently, the resort has a seasonal operation with a strong occupancy rate of approximately 70%, indicating robust demand among guests.
- There is an opportunity for growth with plans to develop an additional 17 lodges on 20 acres of zoned development land adjacent to the resort.
- With a team of 15 employees, the resort ensures high-quality service and guest satisfaction, enhancing its appeal to potential investors. We hire additional staff if required.
- Business has an incorporation certificate.
Products & Services Overview
Holiday resort with hotel, apartments, lodges and food & beverage operation.
We serve tourists and travellers.
Assets Overview
Assets include the land, building, interiors, furniture and electronics.
Facilities Overview
100 acres of owned land with suite rooms, a restaurant and a lake.
Capitalization Overview
Single owner business.
Have a bank loan and it will be cleared soon.
Recent Activity
  • Earlier than 15 days
    Executive Director, London, Business Broker connected with the Business
  • Earlier than 15 days
    Managing Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Principal Consultant ( Business Broker), Singapore, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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