Asking price: £95,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: £2,000

Stock value: £50,000

Business description
An alternative lifestyle with an income ! That's what this business opportunity is about !
"Fearless Frog Watersports" is contracted to the Fodele Beach Resort Hotel, approx. 20 kms. west of the capital city Heraklion on the beautiful island of Crete. Presently, we operate Jetskis, Boat Trips, Pull-toys [Bananas etc.] Waterski and other water based activities. Future expansion and development is for you to decide; whatever your particular interest or expertise :- a diving school, serious sailing, donkey rides ?
Offers in the region of 95,000GBP.

Years established: 10 years on the island, 7 at Fodele .This is now a well-established, highly respected , financially viable watersports business.

Employees: At present a family run business with 3 full time, qualified staff. We employ 1 other during peak season.

Trading hours: The season begins around mid April and finishes 31st of October. Operating times vary monthly, normal hours would be from 9am till 6pm, we work when there is business to be had.

Living accomodation
We can advise and arrange any accommodation requirements. It is not a problem, nor expensive.

Location
On the northern coast of Crete, a panoramic bay location, with easy access from the main arterial road and 30 kms from the main airport. For further information on the Fodele Beach Resort please visit their website - www.fodelehotel.gr

Expansion potential
Limited only by budget and imagination. The other major selling point; this business has the prospect for further growth and development. Firstly, the owners have permission for the building of a 7* luxury hotel adjacent to this site. This will be aimed at the lucrative Russian and Arabian market. Secondly, a purpose built new marina capable of mooring luxury yachts is also planned. Thirdly, the hotel owners have expressed agreement and preference for a combined diving school and watersports' station on site. Lastly, Fodele Bay's location makes it ideal for the introduction of a serious sailing school

Competition / Market
There is no competition ! The nearest watersports' stations are 10kms east and 40kms west. Our clientele base is 90% from the guests at the hotel.There is a small amount of passing trade as the beach is visible from the national highway.

Support & training
You will receive all the support, guidance, introductions and on-site training you need. "Goodwill" and our considerable, vital experience of working on Crete are reflected in the asking price.

Reasons for selling
Personal. Gladly discuss these further with any serious enquiries.

Financing available
n/a