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Business For Sale

The Novello Hotel, Blackpool - £430,000

Hornby Road, Blackpool, United Kingdom, GB

Services: Hotel, Motel, Lodging

Asking Price:
Year Established:
Employees:
Listing Number:
$701,431
Not Disclosed
2
62314382
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$104,389
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

The Novello has been part of the fabric of Blackpool for some 100 years and has been under the current owners tenure for the last 6 years. In that time the vendors have developed the Novello brand further using many year previous experience working in some of the finest hotels in the world. The hotel can boast an excellent reputation in the town and has positioned itself as one of the leading providers of superior accommodation for the senior citizen/mature market.It is well regarded for its clean, comfortable accommodation,excellent dining (both breakfast and evening meal) superb facilities, central location and friendly helpful staff. As already mentioned the hotel caters mainly for mature people and is open all year round such is the demand for this truly welcoming accommodation. The vendors have gone to great length to create such an inviting atmosphere. This is reflected in the fact that The Novello has been honored with several awards in the past for overall service, quality, ambiance and environment. These standards are consistently maintained and the hotel has a three star Guest Accommodation rating with the Visit Britain authorities.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

The premises are freehold. The hotel is situated over 5 floor and is full of character. It is in an excellent state of repair. Current market value is circa £380,000.

Market Competition and Expansion:

The business utilizes the internet, traditional guides, local bulletins as well as enjoying many referrals. As well as using the leading travel and accommodation websites the hotel has its own website were customers can view the facilities, book securely online or contact via the telephone.

Reason for Selling:

Health reasons.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

The Novello Hotel, Blackpool - £430,000
Business Listed By:
Andrew Hudson
Turner Butler
contact the seller
Due Diligence Checklist and Guide
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