Coach/Bus/Taxi Hire Businesses for sale in Edinburgh

View the "Established & Highly Profitable Luxury Coach Hire/Travel Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £950,000 Price Reduced Annual Turnover: £764,000 Annual Gross Profit: £400,000 Annual Net Profit: £186,000
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Business Description
This highly profitable business was established by the vendor over 20 years ago and since then the company has grown to become one of most respected and trustworthy coach hire companies in the Edinburgh region with a modern fleet of executive vehicles. The business is ideally located, close to both Glasgow and Edinburgh airports and the national road network, and is in an ideal location to serve major growing population centres. The site offers space for the current fleet, workshop and office areas, with room for expansion.

The business has developed a thriving client base across a variety of sectors, many of whom are highly desirable blue chip organisations providing high levels of repeat business. The business is particularly strong in the tour operator/holiday company sector but is not over reliant on any one client, having a good spread of regular clients, large and small. With a major brand presence, and the flexibility to offer a range of coach sizes (typically 16-53 seats) that other firms cannot compete with, the business enjoys bookings from local businesses, tour operators, public sector bodies and private residents covering a huge catchment area for a wide range of trips. These include airport transfers, corporate events, public sporting events, excursions to attractions and exhibitions and private function bookings.

The business has grown through recommendation, referral and a well-thought out strategy to become one of the most respected and profitable operators in the region. As such the business has grown year on year both in terms of market share, asset base (fleet) and profitability. This trend is expected to continue moving forwards.

The business enjoys a strong order book for the current staff and vehicle levels, with excellent opportunities for future growth in a number of directions.
Trading Hours:
As required but has a 24 hour emergency number.

Tenure: Leasehold

Competition:
The business was originally grown through direct marketing and promotion efforts of the vendor. Since then there has been some investment in print and website. The company also benefits from social media presence.

Support & Training:
The vendor will assist in ensuring the business is transferred to new ownership in a successful manner, and will be happy to stay on to consult with the business for a further extended period should a new owner so require, subject to negotiation.

Location Details:
The business is operated from a large 2 acre site which is modern and clean. On-site is parking for all vehicles. Location is ideal being close to the airports with excellent access to the major conurbations and road network.

Leasehold Term:
The Vendor is happy to provide a suitable lease to a new owner subject to negotiation. Current Asking price is based on a rental to a new owner circa £25,000 p.a.

Listed by: Turner Butler

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GP226
Seller Reference:
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