Specialist Passenger Transport Service Provider For Sale

The business provides a land-based passenger transport service, specialising in day trips, tours, and school transport.
The company is ideally placed to achieve further growth due to its regional reputation and lucrative contracted agreements.
The company operates on both a B2B and B2C basis across Wales. It provides its services to domestic clients, local councils, and businesses in the transport and education sectors. The business is now being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited.
Turnover in excess of £2.9 million in YE23, with an adjusted EBITDA of circa 728k. Increase in turnover of 36% from YE22 to YE23. Operating within a market that is set to expand at a CAGR of 2.7% through to 2028. Benefits from in excess of 300 active customers, 80% of which provide repeat business. Middle-management team with vast industry experience set to remain post-sale. Operates from two premises in South Wales, one of which is owned by the company. 90% of overall turnover can be attributed to private and public sector agreements. Asset register worth circa £1.44 million included in the sale.