Summary
- Asking price:
-
R4,750,000
- Sales revenue:
- R3m < R8m
- Net profit:
- < R3m
- Years established:
- 6
- Employees:
- 12
- Home based:
- This business can be run from home.
Business description
The business is a luxury coach hire and chauffeur driven service reaching accross all of Southern Africa. They service the local vehicle hire market and airport market (Oliver Tambo International) by providing a personalised 'meet and greet' service for both the corporate and the holiday client. They are conveniently situated near the international airport. Public passenger liability insurance of R100 million per event and public liability of R10 million is carried. They are accredited menbers of both the South African Tourism Association and the South African Association for the Conference Industry. All road transport and cross border permits are in place.
Property information
- Real Estate:
- Real Property Included
- Location:
- Included in the sale of the business is land of 1800 square metres zoned business 4 on main road and easy access to all major centres and the ORTambo International Airport. The property comprises 3/4 bedrooms, pub, kitchen, scullery, 3 bathrooms, granny cottage, driver and cleaner accomodation and parking for the vehicle fleet. A washing bay has been installed. The house is perfect to live in and is in excellent condition while the business and offices can be run from the cottage.A MUST see
Other information
- Expansion potential:
- Very profitable solid business with strong demand anticipated in the years ahead. Gret opportunities for a BEE company and also GREAT opportunities for the 2010 World cup.
- Competition / Market:
- Strengths? Exceptionally clean vehicles at competitive rates. Personalised service, competent staff, international and local business, good service, any size group anywhere anytime. Located near airport. Good name in the industry.
Weaknesses? Driver error.
Opportunities? Increase fleet size and stop sub letting to competitors
Threats? Let service levels slip.
- Support & training:
- The staff have been with the company for years and are exceptionally well trained and efficient in all areas of the business. The current owner is willing to stay on and help with the take-over if necessary.
- Reasons for selling:
- Owner Emmigrating
- Trading hours:
- 8am to 5pm