Segway Business in Beautiful Area of Cornwall

Bodmin, Cornwall
REF: S07881

Asking Price:
£70,000
Annual Turnover:
£50,000
Annual Net Profit:
£21,400
Reduced
REF: S07881
Photo of Segway Business in Beautiful Area of Cornwall
Photo of Segway Business in Beautiful Area of Cornwall
Photo of Segway Business in Beautiful Area of Cornwall
Photo of Segway Business in Beautiful Area of Cornwall

Overview

Tenure:
Leasehold
Established:
2013
  • Brilliant reputation
  • Equipment included in sale price
  • Strong financial figures
  • Low overhead costs

Intelligent is pleased to introduce a unique opportunity to acquire a leisure business which offers Segway tours in an idyllic setting in Cornwall.

As local Segway experts, Segway Lakeview provides training for customers on how to use the vehicles alongside bespoke accompanied tours. The staff take the time to get to know each person individually, so that each participant is safe, enjoying themselves, and Segwaying to the best of their abilities. The business also conducts most of the vehicles’ maintenance and offers gift vouchers as the perfect present for an adventure-loving recipient.

Segway Lakeview was first established in 2013 and bought by the current owners in 2017, since developing an excellent turnover and net profit level due to its fantastic reputation and low overhead costs.

This is an exquisite opportunity to work and own a business in the gorgeous location of Waterside in Cornwall. It will particularly appeal to buyers who are on the hunt for opportunities within the leisure sector in anticipation of a massive surge in popularity when Covid-19 restrictions lift soon.

Segway Lakeview enjoys an easily accessible, prime location at Waterside in the heart of beautiful Cornwall, next to accommodation with excellent ratings. These factors make Waterside a popular destination for people looking to explore one of the UK’s best tourism spots and generate a significant volume of trade for Segway Lakeview.

A superb collection of Segway vehicles is incorporated into the asking price, including genuine Segway X2s which are the ultimate tough, all-terrain vehicles with gyroscopic technology for ease of use and balance. The Segways are worth approximately £20,000 and a full inventory of model names and resale values is available on request. The business also operates a highly informative website gives prospective customers everything they need to know to make a booking, alongside an engaging Facebook and Twitter presence. Additionally, the vendor is willing to offer a complete transitional period to ensure a smooth handover of business operations.

This is the perfect acquisition for a buyer already operating in the leisure industry to instantly expand their business operations. The fantastic location, high-quality vehicles, and brilliant reputation will stand the buyer in good stead for growing their enterprise. With the domestic holiday market set to boom with the upcoming lifting of Covid-19 restrictions, there has never been a better time to purchase Segway Lakeview.

The new owner will be able to grow the business further by implementing an advertising campaign which seeks to raise greater awareness of the company’s services amongst visiting guests and generate more bookings.

Features

Online Presence

Location

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  • Rural setting
  • Located at a hotel
  • Tourist destination
  • On-site car parking
  • Nearby car parking

Property

Annual Rent
£7,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Years)
TBC
Accommodation Included
No
EPC Rating
This business does not require an EPC

Financial & More

Annual Turnover
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Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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