OPPORTUNITY TO ACQUIRE AN EXECUTIVE COACH AND MINIBUS HIRE PROVIDER

  • Price: Offer Invited
  • Annual Turnover: £2,700,000
Seller Ref:160241
For Sale

OPPORTUNITY TO ACQUIRE AN EXECUTIVE COACH AND MINIBUS HIRE PROVIDER

Seller Ref:160241
  • Price: Offer Invited
  • Annual Turnover: £2,700,000

Description

BASED IN THE SOUTH EAST
YE23 turnover of £2.7 million with an adjusted EBITDA of £808,000.
Offers comprehensive luxury coach and minibus hire services, as well as transportation for a range of occasions.
Utilises a fleet of 19 fully equipped vehicles, providing seating for up to 53 persons. The fleet is valued at £1.6k.
Based in freehold 5,500ft² depot premises owned by the shareholders.
Approximately 70% of income is accrued through contracted transport services for local schools.
Currently serves 36 active clients with relationships in place for up to eight years, most of which are on four-year terms.
Contracts hold a total value of approximately £25,000 per week, comprising 19 local and private school runs and one
private college run.
Offered for sale to facilitate growth under new ownership.
Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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