Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Insider UK
Insider UK
National
Peter A Walker

John O'Groats Ferries up for sale

John O’Groats Ferries has been brought to market with an asking price of £1.4m.

The ferry and wildlife cruise business was established more than 50 years ago by the current owners.

It incorporates multiple income streams from the ferry services - from John O’Groats and the Orkney Islands - wildlife boat tours and island bus tour operations.

Owner Fred Fermor said: “We’ve enjoyed running things here at John O’Groats Ferries for many years and could happily keep going on, but having now passed the 60-year marker, we feel it’s a good time to try something new.

“We’ll be taking life a bit easier and travelling more but in some ways it’s a reluctant sale – I say this because it’s been a very enjoyable way to earn a living and we’ve had a lot of laughs throughout the years.

“There’s is undoubtedly scope for a new owner to expand the business in many ways,“ he continued. “We have concentrated on the core product – running a good ferry service and giving visitors wonderful memories.

“However, we’ve not even broken the surface of providing ancillary services, catering souvenirs and the like and there are opportunities aplenty there.

“There is also further scope to increase the range of tours offered and a new owner could easily increase turnover there too.

“As a five month per year trading business, there is massive scope to increase turnover by extending the operating season.“

Mark Lavery, associate director at Christie & Co, which is handling the sale, added: “John O’Groats Ferries is quite a unique lifestyle business in a stunning part of Scotland.

“The opportunity gives any prospective buyer a ready built, robust business with a reliable, strong, income stream from day one and would suit an operator who would relish a true ‘lifestyle change’ business with high profit margins.”

Don't miss the latest headlines with our twice-daily newsletter - sign up here for free.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.