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Listing ID: 3111695

Thriving Cycle Hire Business in Prime Tourist Position in the South of France

Paraza, Narbonne, Languedoc-Roussillon, France

€ 14,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: € under 100k

Cash Flow: not disclosed

Business Description

Based in the South of France alongside the UNESCO heritage Canal Du Midi, a hugely popular tourist attraction.

Mellow Velos™ Paraza is a profitable cycle hire business on the Canal du Midi. Trading for over 14 years we service Gites, Chambre d’hotes, walking trade and also a number of high-profile Tour Companies who offer cycling holidays in the region. We have a great reputation and a large amount of return business including several well know travel agencies. We have received a Trip Advisor Centre of Excellence Award for the past 4 years. The business can be purchased as a turnkey solution or it can be purchased separately. Mellow Velos is a license name and the license is charged annually by Mellow Vélos UK. Currently we operate out an atelier on a large piece of land (which is available under a separate purchase) but the business can be moved to another location.

* Healthy turnover and profit but scope for growth
* Wide range of quality bikes including children’s, hybrid, mountain, electric, road bikes and tandems.
* Mix of business sectors from Gites, Chambre d’hotes and large Tour companies.
* Excellent reputation for first class service
* Accueil Velo accreditation from France Velo Tourisme
* Well equipped workshop
* Fantastic change of lifestyle opportunity.

Seasonal opening March 31st – October 30th
6 days per week 0800 hrs to 1800 hrs (closed Thursday).

The business comprises:
Fixed assets
* Bikes and bike accessories;
* All tools, spare parts and stock at value;
* Vehicles at value

Goodwill

Business Support Processes
* Operations manual with fully documented process and procedures;
* Established Mellow Velos web site, Instagram and Facebook.
* Full maintenance records
* Established accounting systems.

Expansion potential
The business has been grown steadily for the past 14 years and there is still room for growth in all sectors. In particular, the growth in popularity of cycling as a whole, but especially in the road bike and electric bike rental market. The VTT market is also substantially untouched in the area at present. There is also growth available in the Tour market either by increasing the number of Tour companies to whom service is provided, or by expanding to become a Tour Operator.

Reason for selling
Retirement.

Accounts
Accounts will be provided to potential purchasers on signature of a Non-Disclosure Agreement.

Please contact us for more details.
The business can be purchased as a turnkey business NOT INCLUDED IN THE PRICE BUT CAN BE PURCHASED SEPERATLY:

Use of the Mellow Vélos brand available under separate agreement with Mellow Vélos Ltd
* Mellow Velos is licensed from Mellow Velos UK Ltd;
* Includes use of website;

Land
The business is currently based on a 100 sq mt plot situated 100 metres from the Canal du Midi in the village of Paraza and is connected to all utilities.

Workshop.
* storage space in dry, secure workshop with 2 x 20’ containers;
* a separate office;
* kitchen and toilet;
* parts store room;
* extra storage in mezzanine level;
* customer car park for 10 cars

Property Details

Years Established:

14

Property Type:

Real

Real Estate Value:

€ 130,000

Other Details

Business Location:

Based in Paraza we are 100 metres from the iconic Canal Du Midi. The village has 3 restaurants, a small village shop, a second hand clothes shop (Parisian Clothes) and an At Gallery.

Premise Details:

Can be agreed separately Fully equipped workshop. • storage space in dry, secure workshop with 2 x 20’ containers; • a separate office; • kitchen and toilet; • parts store room; • extra storage in mezzanine level; • customer car park for 10 cars

Expansion Potential:

The business has been grown steadily for the past 14 years and there is still significant room for growth in all sectors. In particular, the growth in popularity of cycling as a whole, but especially in the road bike and electric bike rental market. The VTT market is also substantially untouched in the area at present. There is also growth available in the Tour market either by increasing the number of Tour companies to whom service is provided, or by expanding to become an Operator..

Operation Details

Employees:

2.5

Trading Hours:

6 days per week (closed Thursday) March to October. Can be altered to suit your lifestyle. 0800hrs- 1800hrs

Support & Training:

It is expected that the purchaser will have the necessary mechanical skills or will obtain them prior to taking over the business. Business process training will be provided and there will be the opertunity to work in the business on signature of Sale MOU. As we are not leaving the area support can be provided for an agreed period.

Relocatable:

Business Relocatable

Miscellaneous

Reason For Selling:

Retirement

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