Bus Contractor Operating Council Bus Services For Sale

Business description

Bus Contractor
Operating Council Bus Services
Rail replacement Services
Numerous school contracts
29 vehicles of various sizes
18 international O licences

This well-established independent bus company has earned a reputation for its expertise in providing a reliable service for rail relief, school contracts and private hire.

As a member of the federation of passenger transport, the business has a variety of different vehicles, to cover all client requirements.

This business provides an extremely friendly service and specialises in transporting locally based residents. The company operates a convenient HAIL & RIDE service for passengers.

This company is an ideal investment for a new owner, having solid profit margins and a reputable name in the industry. The business has a growing base of repeat accounts and clientele and also attracts plenty of new customer referrals, due to the excellent and proven record of dependability and quality service.

Equipment:

The company offers real time information systems on all business.

Customer Service:

The success of the Company is due to the rigorous infrastructure that supports the whole of the business operation. This business is big enough to provide customers with the support and speed of response they need without it costing the earth, yet small enough to deal on a personal and friendly footing.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially with high gross and net profits, and has shown consistently strong growth. Turnover is circa £850,000 .

Property information

Property:

Leasehold

Lease terms:

Annual rent is charged at £50,000 per annum with rates charged additionally at £17,200.

Location:

Currently operating from leasehold premises on a renewable lease

Annual rent is charged at £50,000 per annum with rates charged additionally at £17,200.

The premises are situated on circa one-acre site with depot, workshop, and outside parking for 20 buses.

Business Operation

Expansion potential:

The transportation market is showing spectacular growth and this growing market offers significant business opportunities. The business is already in demand for existing services and there is a capacity to increase the turnover and profitability for a new owner who could contribute fresh ideas and energy to expand on this solid foundation, possibly by offering corporate packages to clients and by expanding and promoting the company further a-field into different locations.

Competition / Market:

The company currently advertises in the local press, on the side of its own vehicles and has a comprehensive website detailing all services, timetables and latest company news. The company also offers advertising to local business known as ‘bus-ads’, which generates a higher profit margin for the business.

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

Monday – Friday: 6.00 am – 6.30 pm Saturday: 6.00 am – 1.00 pm Sunday as required

Other information

Support & training:

Full support and training will be provided to the successful purchaser if required.