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GP145 -Coach and Mini Bus Hire Company

Asking Price: GBP 300000
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Business Location: United Kingdom » York » West Yorkshire 
Category: Services » Travel & Transportation Services
Coach and Mini Bus Hire Company
Location West Yorkshire
Asking Price £300,000

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 seater 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 prefered 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.

As well as their daily contract work, they operate a large number of private hire trips for weddings, airport runs, coastal trips and hen and stag parties.
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: 1972
Is Relocatable?:
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
This is a genuine retirement sale for the owner of the business.
Market competition and expansion:
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