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ID: MV1564

Freehold Coach Operator and MOT Centre

United Kingdom

A superb opportunity to invest in a long established family run Coach Operator which specialises in Schools and Events Coach Hire and also has a MOT Centre attached.

ID: MV1564

Register Interest
Growth:
60%
Turnover:
£1m
Profitability:
30%

Location

South Wales

Business Description

The business covers a variety of
work including:
School Transport
Private Hire
Tours
MOT’s
Tyres
Servicing & Repairs

Financial Summary

                                 2023 Forecast   2022        2021       2020
Turnover                 950,000              521435   423101   394977
Overheads              395,000              317931   272880   321915
Profit before Tax   555000                203504  150221    73062
EBITDA                    234000                221192  167909    90750

Investment Rationale

The main source of income for the company is school transport. They have just renewed local contracts in September 2021 for 7 years and are awaiting the new contracts with the Local Council which will run from September 2022 for 10 years. This will see a significant growth in 2023 and beyond.

There is opportunity to gain extra income from renting offices on the 1st floor of the
garage as well as renting the tyre bay on the ground floor.

Customer Overview

New 7-10 year contracts with local council
Office rental on 1st floor of garage
MOT station which tests: cars, vans, camper vans, HGV & PSV vehicles
Tyre Bay - supply your own tyres or rent out
Contracts with local schools
Regular private hire and tour work from a Bristol tour group company
Fully equipped workshop and MOT centre
Huge potential for expansion

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.