| GP094-Bus Service Contractor |
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United Kingdom
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INDUSTRY
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BUSINESS SUMMARY
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Bus Service Contractor
Confidentially offered for sale
Ref No: GP094
Location: Kent Coast
Asking price: £525,000
This well-established independent bus company has earned a reputation for its expertise in providing a reliable service for rail relief, school contracts and private hire.
As a member of the federation of passenger transport, the business has twenty-six vehicles consisting of five double deckers, two 53 seaters, 2 twenty-one seaters, 3 seventeen seaters, and 13-service business.
This business specialises in transporting the residents of Thanet and the surrounding areas. The company ensures that their services are user friendly. The company a HAIL & RIDE service, meaning that if a passenger is on the route but not at a Bus Stop they can put out their hand and the driver will stop.
This company is an ideal investment, especially with its solid profit margins and recognised name in the industry. A constantly growing base of satisfied repeat accounts and clientele, as well as new referrals and customers have allowed this establishment to provide them a strong proven record of dependability and quality service
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| The company currently advertises in the local press and on the side of its own buses. The business also has a comprehensive website detailing all services, timetables and latest news.
The company also offers advertising to local business known as ‘bus-ads’, which generates a higher profit margin for the business |
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DETAILS ABOUT THE SALE
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Support & Training
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Full support and training will be provided to the successful purchaser if required. |
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Reason for Selling
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This is a genuine retirement sale. |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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