Business for sale in United Kingdom – Buckinghamshire – County of Buckinghamshire – Ao016-successful private hire coach company-buckinghamshire

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Business for sale in United Kingdom - Ao016-successful private hire coach company-buckinghamshire

Asking Price: 830,000 £ Real Estate: Lease
Sales Revenue: 400,000 £
Net Profit: 50,000 £
Year Established: 1976
Employees: 4FT, 3PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Buckinghamshire/Buckinghamshire

Business types:

Transportation & Warehousing

Business categories:

Other Transportation

Business description

this business was founded over 25 years ago providing coach hire services to private and institutional customers and has grown to become a significant enterprise with a strong regional reputation among its customers for the quality of its fleet and service, honesty and reliability. The business from the earliest days of trading has continually invested in maintaining a modern and up to date fleet of coaches, and facilities designed to ensure that vehicles are kept continuously ready and available for use; thus ensuring that customers are never let down either on arrival or during a journey. This is a well-established dynamic company that offers a comprehensive yet flexible range of private hire coaches for both long and short term contracts and for local, regional, national and international requirements. The business operates from a substantial and secure open yard that features a fully fitted and well equipped workshop, office and ancillary facilities. The business is extremely popular and has developed well established repeat and referred business drawn from a wide catchment including lucrative local education authority contracts underpinning its consistent profit performance, achieved on a typical 5 day operating week. Included in the sale of this business is the business’s significant, modern fleet, well maintained and fully liveried along with a comprehensive collection of valuable ancillary tools and equipment ensuring that a new owner maintains the a seamless continuity of trading. Health and safety: the company always promise a healthy, hazard free working environment for staff and customers alike continually monitoring the conditions of the workplace. Customer service: the company offers a personal service guarantee with all drivers being fully police checked and the most stringent mot standards of safety and reliability maintained. Growth and expansion: there are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. With more of the same it is considered that a new owner with fresh impetus and enthusiasm can capitalise on the incremental opportunities available. Key strengths: this business is a highly professional and innovative company. The range of existing contracts covers most of the usual private and commercial customers to government departments, local authorities and private schools. The business has forged a reputation for providing the highest quality vehicles supported by a first class customer service responsible for the high levels of customer satisfaction, repeat business and a solid reputation built on trust. Success is due to the quality and professionalism of the services offered. This business has also achieved its recognised highly regarded name through keen pricing in a competitive market environment. Advertising and marketing: the business has used limited advertising in the past including local radio and there are excellent opportunities to increase this in line with investment in marketing and sales to new markets and market the business more aggressively to significantly increase turnover.

Additional information

Additional information: Not Disclosed
Support & training: The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.
Reasons for selling: After many years successful and happy trading the business is for sale as a result of the vendors’ wish to retire.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The property is leasehold to 2010 on a renewable lease at rent of £8,400 per annum and Business Rates of £1,780.
Location: The company operate from a substantial open yard occupying an excellent trading position with good access to all major road arteries including motorways on a thriving industrial estate in a mixed residential and commercial area. The premises are well fitted throughout and include a detached cabin office in addition to a storage area, facilities and kitchen with ample car parking area. There is also a large and fully equipped workshop suitable for large vehicles measuring approximately 800sq. ft. The property is leasehold to 2010 on a renewable lease at rent of £8,400 per annum and Business Rates of £1,780.

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