Advert ID:2556 / Type:Business For Sale / Sector:Property / Location:Alpes-Maritimes / Location:France / Location:Var
Property Project Management Business For Sale
Opportunity Summary
Location: St. Cezaire sur Siagne (within in the Cote d’Azur, 30 kms from Cannes, 40kms from Nice airport and 40 kms from St. Tropez)
Established in 2001, the business is primarily concerned with renovations, construction and exhibit projects with a secondary focus on ongoing property maintenance and rental management. The business has long standing relationships with a range of established local suppliers and contractors.
Annual turnover is 1,000,000 euros with profitability of approx. 15%.
The business has recently undergone a rigorous 5 yearly fiscal review ensuring financial peace of mind for purchasers.
The business, its intellectual property and devices, existing contracts, supplier contracts and assets (vehicles, computer & office etc) are valued at €240,000 with considerable unexploited growth potential.
The company is currently sited in premises which are offered for sale together with the business, offering a unique lifestyle opportunity for an experienced construction project manager to move into an established property and business.
- Years Established:
- 6 years roperty project management business in Southern France
- Property Details:
- Premises: beautiful 8000m² estate with views of bay of Cannes and St Tropez €1,290,000 The premises include two acres of land (approx. 8000m²) in a commanding hilltop position with striking sea and mountain views and two houses with a living space of approx. 250m². The main house offers three en-suite bedrooms, a new fitted kitchen, large lounge / dining area with picture windows giving spectacular views and leading to a south facing 50m² sun terrace. The second house comprises a 30m² directors’ office, 20m² staff office, kitchen, toilet, shower room and 30m² sun terrace. Other features include a swimming pool, 40m² workshops & utility room, two garages and parking for up to 30 vehicles. There are two plots within the two acre estate suitable for development, each offering approx 2500m² with sea views and valued before development at approx. €350,000 each. The business and the estate are for sale independently or combined. To purchase the business and the estate, offers are invited in the region of €1,500,000
- Sales Revenue:
- Between 500 and 1 million euros per year
- Net Profit:
- approx 15% of turnover
- Inventory/Stock Value:
- Approx 60K euros
- Asking Price:
- 240,000 euros for business and 1.29million for property and development opportunity
Main House
Office Building
One View from House
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