Luxury Executive Contract & Private Coach & Mini Bus Hire Company
Reason to sell
Location South West
Asking Price £ 950,000
This well established and successful coach hire company is situated near a large market town in Devon and offers luxury private and corporate coach hire, night and weekend coach hire and mini bus hire. The company runs a fleet of 27 coaches that are signwritten and in an excellent state of repair.
Since inception the business has steadily grown to become a highly respected and reliable provider of good quality coaches to suit individual requirements. The business is dedicated to customer safety, with all vehicles maintained to a high standard by their own mechanics. The coaches all feature air conditioning for comfort and have the regulation seat belts.
Constantly busy the business is in the enviable position of holding several long term contracts with local councils and schools plus corporate amd private work, ensuring ongoing business and profitability.
The business is run by the general manager, work is split 55% council contract work and 45% private hire.
This is a very rare and exciting opportunity to acquire a highly regarded coach hire company.
: The owners have generated a loyal customer base for coach hire and trips and are only now looking to sell due to retirement.
Support and training
: Support and training will be provided to ensure continuity of trading.
: The business has never felt the need to aggressively advertise the business preferring to rely on word of mouth recommendations and referrals. It does however use the local directories. The business would hugely benefit from more marketing/advertising and investment in a website could prove to be a valuable addition to the business.
: The vendor owns the freehold of the property and will grant a new lease on terms to be agreed with a starting rent of £20-25k.