Intelligent Business Transfer are delighted to announce for sale this well-established minibus hire business which has successfully cemented a solid reputation in the area and is ready for a new buyer to step in and continue running operations.
Established 23 years ago, this is a niche special needs company which has aimed to provide comfortable and convenient transport to its customers. With high quality, well equipped wheelchair access vehicles, this business has three year contracts in place, worth over £1 million.
This is a fantastic business model which has maintained low overheads to generate annual income in excess of £390,000
There exist a number of growth opportunities which could be implemented by a new buyer to ensure further expansion.
Employing more workers and acquiring more vehicles would allow the business to manage a larger workload and it could effectively operate further afield if it had more drivers helping run operations. Establishing contracts with commercial companies and carrying out more private work would also help increase the yearly takings.
Increasing advertising through a website and social media would increase exposure to the business and attract more customers.
Intelligent Business Transfer have been tasked with finding a suitable buyer.
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