SUPERB COACH HIRE COMPANY - WEST MIDLANDS

Price:

Other - £79,950

Seller Ref:

2826

Location:

West Midlands , Coventry

Business Type:

Motor & Transport Businesses for Sale

See Other:

Coach/bus/taxi hire businesses for sale in West Midlands
Motor & transport businesses for sale for sale in West Midlands

Description:

THE BUSINESS:

SUPERB COACH HIRE COMPANY - WEST MIDLANDS
Rent £3,600 per annum for the yard which is optional
Early interest and viewing is highly recommended
Sale includes 2x 49 seater coaches worth £20k
Advised annual turnover of £110,000
Business can be re-located
Long term client base
Well established
Ran from home
Low overheads
BUSINESS ONLY

Business History

Meridian Business Sales are delighted to offer to the market this superb coach hire business which was established by our client in 1975. The only reason this excellent business is being offered to the market is due to our clients desire to take well deserved retirement. Currently the business is run from home but they do rent a small yard on a monthly basis to park the coaches on which can be either taken on or the business can be easily re-located within the Coventry area. Since establishing the business, our clients have built up a superb reputation for the quality of their vehicles and the service they provide. Our clients advise us of an annual turnover of £110,000 with high profits derived from the contract hire of their vehicles. The business benefits from a number of secure and regular contracts including daily jobs with local private schools and 48 out of 52 Sundays they transport a rambling club to various destinations. Our clients rarely carry out any advertising for the business and enjoy the majority of their trade from word of mouth recommendations. The business currently has no website which in addition to a pro-active advertising campaign may provide great scope for any prospective purchaser to build upon our clients' already outstanding business. The business is owner operated but calls upon 5 casual staff as and when they are needed. This is a great opportunity to purchase a long established, thriving business with great potential to build upon and as such early viewing is strongly recommended.
Tenure

Lease Terms:

Leasehold (Yard which is optional) Original length: Monthly rolling lease Rent: £3,600pa