Coach/Bus/Taxi Hire Businesses for sale in Radstock

View the "Luxury Minibus & Coach Business in Somerset" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Leasehold Price: £950,000 Price Reduced Annual Turnover: £757,828 Annual Net Profit: £218,309
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Business Description


Intelligent Business Transfer are pleased to bring to the market this very successful rural coach and minibus business, now in its eleventh year. Based in east Somerset, 90% of the company’s business is regular, contracted work for local rural schools. In addition to these school runs, the company offers vehicles for private hire, corporate work, airport runs, weddings, days out, bus services etc all of which are contracted.

It has grown from strength to strength in recent years, mostly by regularly winning new contracts delivering children to and from local schools.

The fleet of 22 minibuses and coaches range from 8 to 57 seats, with air conditioned and luxury vehicles available for private hire. All 26 drivers are CRB checked.

The private hire side of the business has not been promoted to any great degree in the last few years, particularly as the number of school contracts has increased. Therefore, there is scope for significant expansion of this element of the business if desired.

A further attraction of this business is that it is currently rent and rates-free. Vehicles are stored in a secure yard owned by a petrol station/garage in return for petrol and repairs business being placed through this garage. There is no reason to assume that this arrangement should not continue with a new owner.

The present owner is reluctantly looking to sell due to family illness and will leave behind a flourishing coach business built by hard work and exceptional service.
Number of Employees: 7

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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