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Safe And Reliable Airport Parking Business For Sale

Timi, Paphos District, Cyprus
Asking Price:
€650,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This well-established family-owned business is located just 3 minutes’ drive from International Airport.
The business combines full-service airport parking
Covered Parking for 22 cars
Open Parking for over 150 cars
The whole facility is fenced and protected with alarm system and cameras
Space on the plans for a car wash.
Two Minibuses to shuttle clients to and from the airport
Airport parking has regular clients, From British expatriates who have holiday homes or second homes in Cyprus and travel regularly. Other clients are personnel from the UK military in CYPRUS, Cypriots going on vacation, or travelling for business.
The business also gets new clients from its own website and from parkcloud and (word of mouth)
The Airport Parking business maintains very high standards of security and insurance for client cars and provides reliable service, therefore it can maintain higher prices than most low-cost competitors.
The business is year-round. Airlines which provide most of the clients are Ryan Air, EasyJet and several charter airlines. Working-hours are based on airline schedules . (Parking is staffed 24/7)
All cars come to the Office with Clients transported to and from the Airport.
The Parking also has a Licence For Car Rental.
Owners are willing to provide handover support for 3 months.
Asking Price is based on X3 years cash flow.

Property Information

Real Estate:

Lease

Leasehold Rent:

€7 per annum

Location:

Timi Cyprus

Business Operation

Reasons for selling:

Retireme and ill health

Trading hours:

24/7

Years established:
12