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Long Established Water Sports Centre In Canary Islands For Sale

Corralejo, Fuerteventura, Spain
Asking Price:
€995,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€500K - €1M
Net Profit:
Available on request

A long established water sports centre offering mainly kitesurfing, surfing, windsurfing, wing foiling and paddle boarding.

Opened since the late 1980´s with a large stock of material which not only includes boards, but also cars, boats and everything to operate the business.

As part of the package there would also be a 5 bedroom house sleeping 16 people. It is all fully licensed and acts as a perfect combination allowing you to book customers for the whole package, sport & accommodation.

A long established website, with a good ranking, a great domain name all to be included in the sale. There could be a period of training for a potential purchaser.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The hostel has an area for staff which currently is used by the volunteers we have working for us.

Location:

The business which has 2 parts the water sports part and the hostel/ accommodation part. The hostel is located 1/2 way between the town centre and the beach close to the bus station and taxis. Shops are only a few min walk away. The water sports business is mobile.

Business Operation

Expansion Potential:

There is room for expansion and these ideas can be discussed with any interested parties

Competition / Market:

There are other hostels in town but we are 1 of only 2 with a licence. As for the water sports companies we are 1 of only 4 that do it all, in other words all the sports. We have been established the longest by a large margin.

Reasons for selling:

retirement

Trading hours:

0900-1800 7 days a week for the water sports business and the hostel is from 0800-2100

Employees:
12
Years established:
35

Other Information

Support & training:

I could provide training for the 1st month and support for another 2 months after that if necessary

Furniture / Fixtures value:
€20,000 - included in the asking price
Inventory / Stock value:
€250,000 - included in the asking price
Website:
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