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Long-standing Private Hire Coach Company For Sale

UK
Asking Price:
On request
Turnover:
£1M - £5M
Net Profit:
Available on request

Priding itself on providing a high-quality, safe and reliable service, the company is a private hire coach company, offering a wide range of transfer and tour services to long-standing clients.

Services offered include private and corporate hire for UK day trips, sporting events and concerts; school coaches with fixed term-time routes; and tours such as port and airport transfers, London city tours and shopping trips.

Our clients are offering the business for sale as part of their retirement plans and would be willing to provide a mutually agreeable handover period, if required by the buyer.

Key Highlights

- 23 coaches in fleet.

- All Drivers are CPT- and DBS-checked.

- Has multiple clients, with approximately 80% providing reliable, repeat business on an ongoing basis.

- Several client relationships span over 20 years.

- Serves clients in the international and domestic tourism, education and private sectors.

- Operates from freehold premises in Southern England.

- Generates and sustains consistent revenue without the need for marketing expenditure.

- Candidate available to take on greater responsibilities within the company.

Financial Highlights

- Projected turnover of £4.8m in YE24 and adjusted EBITDA of £907k.

- Turnover of £3.9m in YE23 with an adjusted EBITDA of £779k.

- Strong shareholder funds of £4.3m in YE23.

- High levels of repeat revenue through reliable education sector contracts.

Property Information

Property:

Freehold