Business To Buy
Coach and Mini Bus Hire Company |
Lancashire, ---Europe |
Coach and Mini Bus Hire Company
Ref.GP166
Location Lancashire
Asking Price Ł 300,000
Asking price includes:
Consistent Turnover in excess of Ł200,000 p.a.
Adjusted Net profits circa Ł50,000+ p.a.
Very Well Maintained Fleet Of Vehicles (circa Ł160,000)
Superb Name and Reputation
Two 35-Seater Coaches and 5 Mini Buses
Local Council Contracts
Ongoing Schools Contracts
15 Years Successful Trading
Goodwill
Website
Business profile:
This well established and highly succesful business was set up the the current owner some 15 years ago and in that time has steadily grown to become a highly respected and reliable provider of good quality coaches and mini buses to the local community.
The company runs a fleet comprising two 35 seater coaches and 5 mini buse (both 14 seater and 17 seater vehciles). All vehicles are signwritten and in an excellent state of repair. All are fitted with the necessary tacogrpahs and fully calibrated.
The company is in an enviable position as it holds several long term solid contracts with local councils and schools, some of which have in excess of 2 years to run ensuring ongoing business and profitability to a new owner. The company also services the private market and occassionally does sub contract work for other coach companies in the area who it has a very good working relationships with.
As well as their daily contract work, which accounts for some 75% of turnover the business also operates a large number of private hire trips for weddings, airport runs, sports events and coastal trips. |
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Financials |
Price: $499,123 |
Gross Income: $332,850 |
Cash Flow: $83,212 |
FFE: $0 |
Inventory: $0 |
Real Estate Value: $0 |
About the Business |
Office Reference ID: #GP166 |
Year Established: 0 |
Financing: |
Training: The current owners would be happy to provide full training and support at handover. |
Facilities: There are no premises associated with the sale. The business is currently run from vendors home. |
Competition: The business has never felt the need to aggressively advertise the business preferring to rely on word of mouth recommendations and referrals. It does however use the local directories and has a website that is currently in the process of being updated. |
Growth: This is an excellent opportunity to build on the solid foundations that have been laid down by the owner. This business has grown to date by providing superb levels of service in terms of price, reliability, comfort and safety. The business is constantly getting invitations to tender for new work(public and private sector) but has chosen not to pursue these at present due to the vendors other business commitments. The demand is there. A new owner could significantly increase the operations and profitability of this business should they so require. |
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Business Listed By |
Name: Andrew Hudson |
Company: Turner Butler |
Phone: 01895 25 6000 |
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The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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