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GP175 -Coach Hire Company

Asking Price: GBP 300000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » Surrey » Surrey 
Category: Services » Travel & Transportation Services
Coach Hire Company
Ref No: GP175
Location: Surrey
Asking price: £300,000

Established over fifteen years ago, operating from its current location for the past five and acquired by the current Owners in 2007, this Surrey based business is one of the leading coach operators in its catchment area.

Operating from very well suited premises affording easy access into central London and across the South East via the M25, M3 and A3 motorways, this business operates a fleet of 9 vehicles including small, single deck and double decker coaches available for hire by private and institutional customers. Capacities range from a 25 seater mid range coach to a high capacity 77 seater double decker coach whilst the business also has several mid range coaches available which seat between 51-55 people.

Operating predominantly in the south west area of London, the bedrock to the business is the work it carries out for the local educational authority and several local schools in its area. For a number of educational institutions this business operates the ‘school run’ on a daily basis, building on these relationships with additional school work – taking pupils to and from the local swimming pool, to and from sporting fixtures for example, enabling the business to maximise its fleet utilisation throughout the normal working day. Approximately 60% of the business’s turnover arises from the educational sector with the remainder coming from ad hoc bookings from local sports clubs, ‘corporates’ and private bookings for weddings and other social events, national tours and holidays.
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
Net Profit: (GBP)
Total profit before taxes
General Information:  
Business Area: N.A.
Year Established: 1996
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 07
No of trading hours: N.A.
Reasons for selling:
The current Owner wishes to pass the business on to new owners to take it on to its next stage of development and to realise the full potential there undoubtedly exists within it.
Market competition and expansion:
Well established, with such an excellent reputation and high levels of awareness created by the high frequency its liveried coaches are seen in the area – but perhaps more importantly because the business operates almost at capacity during the school term, this company has little need currently to invest heavily in marketing and advertising.
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