Superb Coach And Private Hire Company For Sale

Business description

SUPERB COACH AND PRIVATE HIRE COMPANY
3 bed bungalow with 2 acre parking land and detached transport office
Quality blue chip contracts and high profit margins
Small overhead costs giving flexibility and profits
Based in Ipswich close to A14 motorway network
£336,000 pa with huge growth potential
FREEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this well established and highly profitable coach and private hire company which has been in the careful hands of our clients since 1997 who now wish to offer the business to the market due to our clients desire to take a well earned retirement. Since our clients started the business they have built a strong reputation for on time and reliable service, culminating in a customer base of the highest quality to include large local authority concerns. Our clients inform us that the current turnover is £336,000 pa at a gross margin of £184,000 this is derived from supplying a quality coach service via a range of vehicles from small mini buses through to 51 seater vehicles. Our clients have expressed the interest in offering to the new owners a transition period so as to introduce the new company to their existing client base thus ensuring a smooth hand over. Meridian Business Sales recommends early interest in this business to fully appreciate the quality of their contracts and the huge scope for further growth and expansion to cover the whole of the UK.

Property information

Property:

Freehold

Living accommodation:

Well presented modern 3 bedroom bungalow set in large grounds plus extra parking land of approx 2 acres. GROUND FLOOR Main entrance to office reception Fully equipped transport office Staff toilets Kitchenette area Floor standing storage Jet wash system Owner's bungalow 1 x large lounge 1 x large dinning room 3 x double bedrooms 1 x luxury family bathroom with 3 piece suite and shower 1x conservatory overlooking the garden 1 x fully fitted kitchen with quality base and wall units plus built in appliances Garden room with hot tub EXTERNAL Ample parking on gravelled drive Large landscaped garden with pond and mature trees. Separate 2 acres of land used for vehicle parking 4 x stables

Location:

This well established coach and private hire company is run from offices and parking land within 500 yards of the A14 trunk road on the outskirts of the city of Ipswich. The company's location makes it ideal to cater for both the local authority and school collection business plus easy access to the motorway network. The offices and bungalow are set in a secluded tree lined lane with ample gardens and off road parking. The popular and thriving city of Ipswich is 5 miles south where all of the amenities that a large city has to offer can be found. The area has strong road links via the A14, A12 and A140 plus main line trains from the city of Ipswich.