Coach Hire Company in Cheshire For Sale

Business description

The Business Partnership is pleased to offer this fully licensed coach operator for sale.

Located in a large Cheshire town, the business has been operating for over 9 years with 6 operating licences.

Historically, the business has seen good growth and has good growth potential. Private hire work contributes 30% to income with contract work for schools and councils and their own branded tours contribute the rest.

Coaches are 46-49 seats with two mini buses of 21 and 8 seats. All vehicles are maintained in house and will be sold free of finance.

Turnover £320k
Gross profit £115k
Fleet value at June 08 £95k

This business would ideally suit an existing operator, looking to expand their business or fleet, and provide additional turnover and enhanced profits.

The price reflects our customers desire for a quick sale on health grounds.

Please ask for full details.

Property information

Property:

Leasehold

Lease terms:

A secure and enclosed yard of around 4,350 sq ft provides parking for all coaches. Additionally there is a substantial workshop of 2,350 sq ft. Rental is £13,000 p.a. with rates around £4,000 p.a.

Location:

Situated on a light industrial estate with good road links to all major towns in the area.

Other information

Expansion potential:

For health reasons, our client has been scaling down his operation. It would take little effort maximise its full potential.

Support & training:

A full handover can be negoatiated.

Reasons for selling:

Health reasons.

Trading hours:

as required

Financing available:

Yes, please ask for details.

Furniture / Fixtures value:

£95,000 (included in the asking price)