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Gite Village Pool And Licenced Bar For Sale

Lot, France
Asking Price:
€877,000 Furniture / Fixtures included
Sales Revenue:
€100K - €250K
Cash Flow:
€50K - €100K

This is a holiday village comprising 16 solid bungalows, a heated 18 metre pool, a bar with full licence, a pizza outlet and 3.5 hectares of land, some of which may be built on. The whole business is sold as a going-concern - fully furnished and equipped - and can be exploited from day 1. It is currently owned by an SCI (French property company) which will sell all its shares to the buyer. This is quicker and easier than a normal property sale.

The gite village is located in the countryside south of Rocamadour and north of Pech Merle and St Cirq-Lapopie - perfect holidaying country ... and that's what customers want when they book a week or two's holiday. A day lounging around the pool followed by a day out at the Padirac caves, boating on the Lot river or exploring Rocamadour.

Each bungalow has a living surface of 55m² or 60m² with one at 80m². They all have a lounge with kitchen area, 2 bedrooms (one twin, one double) and two bathrooms. The bigger gites have a garage. They all have their own private terrace with barbecue. The owners live in their own similar bungalow. There's space on the land for at least another two houses should one desire.

This is a well-maintained and well-run business in a rural setting near some of France's most visited sites. The key to the profitability lies in the fully-licenced bar. The "Licence IV" liquor licence allows the owners to sell beers, wines and spirits not just to the estate's guests but also to all-comers from outside. They also run a little snack where they turn out pizzas by the dozen each evening. And as village cafés in France have disappeared at an alarming rate ... there is a demand from the locals, many of whom are British, Belgian or Dutch.

Buyers with hotel or restaurant experience will have no difficulty in building on the current turnover figures. Even on today's figures one is getting a ROI of over 10% ... not bad at all for a fairly modest investment.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

A 60m² bungalow

Location:

Rural location in the heart of the Quercy National Park - south of Rocamadour and north of St Cirq-Lapopie

Premises Details:

16 solid brick-built bungalows plus a bar, a restaurant, a shop and an 18 x 8 metre heated pool.

Business Operation

Expansion Potential:

More houses may be built on the land

Competition / Market:

None in the immediate surroundings

Reasons for selling:

Retirement

Trading hours:

all year round

Employees:
0
Years established:
20

Other Information

Support & training:

Yes

Furniture / Fixtures value:
€60,000 - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.

Contact Gites à la francaise SARL

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