Coach/Bus/Taxi Hire Businesses for sale

View the "Luxury Executive Contract & Private Coach & Mini Bus Hire Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £740,000 Price Reduced Annual Turnover: £964,277 Annual Gross Profit: £191,056 Annual Net Profit: £152,367
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Business Description
This well established and successful coach hire company is situated near a large market town in Devon and offers luxury private and corporate coach hire, night and weekend coach hire and mini bus hire. The company runs a fleet of 27 coaches that are signwritten and in an excellent state of repair.

Since inception the business has steadily grown to become a highly respected and reliable provider of good quality coaches to suit individual requirements. The business is dedicated to customer safety, with all vehicles maintained to a high standard by their own mechanics. The coaches all feature air conditioning for comfort and have the regulation seat belts.

Constantly busy the business is in the enviable position of holding several long term contracts with local councils and schools plus corporate amd private work, ensuring ongoing business and profitability.

The business is run by the general manager, work is split 55% council contract work and 45% private hire.

This is a very rare and exciting opportunity to acquire a highly regarded coach hire company.
Number of Employees: 21

Tenure: Leasehold

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. The business would hugely benefit from more marketing/advertising

Support & Training:

Support and training will be provided to ensure continuity of trading.

Location Details: South West

Leasehold Term:

The vendor owns the freehold of the property and will grant a new lease on terms to be agreed with a starting rent of £20-25k.

Listed by: Turner Butler
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GP214
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