INDUSTRY

Travel

BUSINESS SUMMARY

Coach Hire:Mid Size specialist Confidentially offered for sale Ref No: AO026 Location: London Asking price: £1,100,000 This coach hire business, specialising in 16 and 29 seater vehicles, was established by the current owner in 1999. Since that time it has grown significantly and is very much the coach company of choice in its locale, a busy North West London area, and within Central London. Operating from a base very close to the London’s West End, with vehicle storage facilities, the business enjoys first class relationships with its customer base. This consists of circa 250 organisations from both the private and public sectors. Clients include: · A London Borough · Four private schools · A number of large public companies · A Central Government backed organisation · Circa 40 major hotels · Circa 50 agencies who arrange trips to major UK destinations e.g The Lake District, Harrogate, Scotland & Stratford upon Avon, for foreign tourists Services to a number of the above clients are formally contracted with this representing circa 30% of current sales.

	BUSINESS FINANCIALS
Asking Price: £1,100,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The company utilises a professionally designed, hosted and maintained website which serves as the main ‘shop window’ for the business. Advertisements are placed in Yellow Pages™ and Thomson Directory™. The business has now reached the stage where the development and execution of a strategic marketing plan, addressing all media activities, would be most beneficial
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. Reason for Selling This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential. Is Management Willing to Stay? No Are You An Intermediary? No