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Bag a Business is delighted to offer to the market this quality guest house business located in the popular resort of Scarborough, North Yorkshire. Villa Marina has been in the careful ownership of our clients since 1989, during which time they have embarked on a refurbishment programme to both the communal areas and the bedrooms, bringing it to the high standard it enjoys today. Our clients are only now placing the business on the market due to their wish to retire. The quality, prominent position and enviable reputation of the business within the local community could produce all year round trade. Currently the business generates an annual turnover in the region of £50,000 with a gross profit of 60%. Villa Marina enjoys high levels of repeat custom between the months of April and September, as well as new clients from word of mouth recommendations. The business is currently being run at a pace to suit our clients, offering huge scope for a new owner to increase the turnover and profits, perhaps through more marketing and advertising. Early viewing is highly recommended.
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