Business for Sale Overview:
The owner established the company as a Taxi and Minibus hire company in 1972 and in 1992 sold the taxi business to concentrate on Minibus hire and then consequently growing demand enabled them to enter into coach travel market They then enjoyed steady and consistent growth, and in 2001 became a Limited company. In 2007 the company purchased a small fleet of luxury coaches and in the past two years their turnover has nearly doubled.
The company now runs a fleet of fourteen vehicles ranging from fifty three seats down to a four seat taxi. In order to service the requirements of their wide range of customers.
The company is in an enviable position with solid contracts including local councils, schools and the rail network. They also act as the preferred coach company for the local professional rugby team plus other local sports teams. These contracts enable the company to maintain their increased turnover and profits and keeps all of the vehicles busy during all times of the day plus weekend work.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business runs from a circa 771 square yards secure and lock up site with room for extra vehicles and with good access. The business runs from a small office in a caravan which is situated on the site. Rent is £12,000 per annum. The premises are owned by the vendor and there is an option to purchase the site if required.
Reason for Selling:
This is a genuine retirement sale for the owner of
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: