Equipment And Mobility Aids Hire Business For Sale

Business description

Comments:
Equipment & Mobility Aids:
A well established and successful business offering a wide range of items for hire. Lucrative agreements with hotels and tour operators ensure high earnings all year round. The business is in a prominent position in Mallorca's most popular British resort and enjoys plenty of passing trade. The sale includes all stock that is valued at about 50% of the asking price which makes for a very reasonable investment indeed.

Current Operation:
This business has expanded over the last couple of years and now occupies two units in a prominent pedestrian precinct in the busiest and liveliest resort on the island of Mallorca. The business hires out anything from a fridge to a child’s buggy, and from a DVD player to a paperback book. It also stocks a selection of electric mobility buggies and wheelchairs for hire, normally on a minimum weekly basis. Trading all year, the business has arrangements with some 28 hotels situated in the resort and surrounding area to supply pre booked items. It also hires out equipment to the many tourists and local residents who visit the shop in person. The main shop overlooks one of the main thoroughfares in the resort and has prominent advertising signage. A small front terrace is used for the display of goods such as greeting cards and postcards. Inside there are free standing and fixed display racks and shelving as well as two customer service desks with computer system and printer, two upright filing cabinets, and a photocopier. To the rear of the premises there is a workbench where minor repairs are made and a staff toilet facility. The other init just a few metres from the shop is used solely for storing the large amount of equipment that the business has. This storage facility also has the benefit of having a full alarm system installed.

Notes:
This is a golden opportunity to acquire an up and running business that is easy to operate and has the potential to expand even more. In addition the opportunity will appeal greatly to buyers seeking something a little different from the normal catering or retail activity.

Premises Dimensions:
Inside: 110 Sq. metres
Outside: 6 Sq. metres

Finance:
Although a substantial initial investment, the asking price does include the entire stock valued at approximately £50,000. The combined rental charge for the two units is most reasonable and daily running costs are minimal.

Rent:
£590 per month

Asking Price:
€89100

Property information

Real Estate:

Lease

Location:

The business is located in a small precinct of various shops and businesses above some of the most popular bars and restaurants in the resort. The business benefits from having several hotels and apartment complexes in its vicinity and the agreements with these hotels and the major tour operators have generated a significant amount of trade. The resort itself is probably the most popular British tourist spot in Mallorca, with many thousands visiting each year attracted by the lovely beaches and vibrant nightlife.

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