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Coach And Mini Bus Hire Company For Sale
Location: United Kingdom -> Lancashire
Industry: Business Services > Transportation – Airplane, Taxi, and Limousine




Business Summary

Coach and Mini Bus Hire Company for sale.
Ref.GP166
Location Lancashire
Asking Price £300,000

This well established and highly successful 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 vehicles). All vehicles are sign written 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 occasionally 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.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1994
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  The current owners would be happy to provide full training and support at handover.
Reason For Selling:  The vendors have other business/personal interests they wish to pursue.




Print Listing Id: 700117761
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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