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Gosh, I haven’t written a blog article since December – where has the time gone?

Well, it’s been a busy Spring I’m pleased to say.  Along with the wonderful daffodils and tulips sprouting up, life has been extremely busy at BusinessXchange

Tourism Exhibition

We had our first stand at an Exhibition which was fabulous.  All manner of businesses were presenting their wares for the benefit of hospitality providers in Torbay.  Run by the English Riviera Bid Company there were many local businesses including the local tourist activity businesses and other companies such as food & drink, with a couple of local gin companies for good measure.  On the professional side hospitality software companies, commercial solicitors, accountants and of course, commercial sales agents had representation.  We spoke with many lovely people who own hospitality businesses, such as bed & breakfast’s and holiday complexes, quite a number who are new to the industry and some who may be considering selling their business.

Most people that we spoke to were noting that they have good bookings for this year; partly due to “staycation” concerned about booking overseas holidays and have found favour in our glorious British coastline for their holidays.   Others who talked about the fabulous summer we had last year and how this has brought people back with return bookings up this year.

The English Riviera Bid company also held a tourism conference with some great presenters within the industry, including our well renowned owners of the No 1 B&B in the world with TripAdvisor; Andy & Julian Banner-Price, who own the award-winning, 25 Boutique B&B on Avenue Road, Torquay.  They have shown that Bed & breakfast’s have certainly come a long way since shared bathroom facilities and paying 50p for a clean towel!

The Market Place

Through the spring we have seen several new businesses come to market and have agreed sales on several too.  We have been pleased to bring to market a small hotel and several bed & breakfast properties.  Recently we have brought a Convenience store to market, sited on Paignton Harbour with a flat above – the Lounge leads onto a balcony with the most outstanding views over the Harbour and sea. Stunning!

To see the range of businesses for sale please look on – https://www.businessxchange.uk/buying-a-business/

We have met some amazing people and have found it incredible that we are gaining interest from so many overseas buyers.  Enquiries from South Africa, Australia, USA, Lebanon & Bahrain to name a few – But then who wouldn’t want to live and work in Devon.  It’s beautiful!

Our clients are wonderful, business owners who are looking to move on to their next chapter, either retirement or something different. We do have a mutual appreciation of our services; as I owned a B&B in Torquay I am aware of the issues they face on a day to day basis.  Similarly my clients appreciate how we work and the ways we try to promote their businesses across different channels.  Some clients have moved to us from other agents and seen a huge difference in the number of viewings.  We do feel extremely fortunate to have been recommended by our clients, in fact all our businesses have come to us through recommendation.  Long may it continue!

Fancy a chat?  I’m always happy to meet for coffee and talk about your business – Plan an Exit, Exploit your Asset!

Signing off and wishing everyone good wishes for spring and the warmer weather heading our way.

Lyn

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