Online Hotel Search Services

East Yorkshire
REF: 01871

Asking Price:
£29,950
Annual Turnover:
£10,000
Annual Net Profit:
£6,000
Recently Sold
REF: 01871
Photo of Online Hotel Search Services
Photo of Online Hotel Search Services
Photo of Online Hotel Search Services
Photo of Online Hotel Search Services

Overview

Tenure:
Relocatable
Established:
2012
  • Huge growth potential
  • Very Loyal Customer Base
  • Excellent Reputation

This is an exciting opportunity to purchase the leading online guide to boutique bed and breakfast accommodation in the UK, which currently ranks in first place on Google for key search terms. The business specialises in offering a wide range of handpicked boutique-style accommodation, from B&Bs and guest houses to restaurants with rooms, inns and self-catering accommodation.

The business fills a gap in the national market and has shown exciting trends in growth over recent years.

The business is currently run from home by owner operators. The business has been established for almost four years and is at a position of profitability.

The business is not bound by physical property or location and can be operated from almost anywhere. There is a small need for the tasks of client and website management and client liaising.

The business’ main tool for marketing and sales is the website itself, along with its hugely popular social media profiles.

This is extremely efficient and user friendly. The branding within the web platform is superb and neatly displays the business' values. The platform offers a full cycle for customers, from providing the initial information of a property’s specification to enabling customers to contact and book with the recommended accommodation directly.

The website is superbly well populated and ranks on page one of most search terms for its niche. The website and social media platforms are to be included within the sale. The latter strongly portrays the popularity of the product and business overall.

Intelligent Business Transfer are delighted to be able to offer this superbly well-developed online business to the market in its growing and profitable position. The business is to be sold at a period of lucrative growth and is well positioned for further scaling in the right hands.

The business has grown cumulatively year-on-year since it was established by the founding owners almost four years ago, who had the ambition to run a flexible business alongside their passion– hidden gems of guest accommodation. The website now reflects this and showcases a collection of stunning boutique-style accommodation with extensive descriptions, images and visitor information.

The business has an edgy and dynamic retail offering, with all properties (around 85 in total) being hand-picked and sourced by the owner/operators who run the business to a very high standard. As the name suggests, the business focuses primarily on the bed and breakfast/boutique hotel/guest house market and does this extremely well. The timing for the business inception was ideal due to rising demand and natural exposure for the category of accommodation that the website promotes.

The business has reached a profitable financial position due to relatively low overheads and the ability for home operation. The profit margins for the business are superb and the past two years EBIDA has exceeded £6,000 on average.

The business has the potential for re-location and comes with a strong client database and all of the collateral required for instant growth and a quick return of investment. The overall image and efficiency of the business is a credit to the founding owners, who wish to sell due to other commitments.

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