Coaching Business in Derbyshire

Buxton, Derbyshire
REF: 02897

Asking Price:
£499,999
Annual Turnover:
£173,630
Annual Net Profit:
£27,842
Featured
REF: 02897

Overview

Tenure:
Freehold
Established:
1997
  • Value of fleet approx ¬£187,000
  • Huge scope for expansion
  • Party buses available
  • High turnover
  • Industrial premises

This is a well-established transport company that has been operating for nearly 20 years.

The business offers a private hire service around Dove Holes and the surrounding areas and owns large coaches for school trips and day trips. They also operate as an events business alongside the private hire service such as providing luxury transport for hen parties and other celebrations.

This is a profitable opportunity for a new buyer to expand and grow further as currently the owner is having to turn down work due to high demand.

This successful transport business offers a taxiing service such as school runs and day trips, as well as an events business of providing luxury party buses for hen/prom dos and other celebrations.

They also have connections with local schools and are the first choice to provide transport for school trips.

The premises is industrial and includes a built in workshop/garage to repair the vehicles as well as incorporated parking for the coaches.

Two jet washes with separate bays are positioned in the front yard which provides a great opportunity to produce further income.

Two roller shutters have been installed for safety and protection of the vehicles and there is a WC, fitted kitchen and stairs leading to a large office used for general administration work.

There is huge potential to expand this enterprise through a variety of ways. It is currently operated by the owner, so employing more taxi drivers and more staff to operate the events aspect of the business would significantly increase trade. A CPC coach operating qualified manager is currently employed and therefore the new owner would not have to be.

The company could be developed into a full taxi service with a full time operator taking calls from the local area.

The events business could be expanded through increased online advertising. A new buyer could create a website and further utilise the existing Facebook account by updating regular information, special offers and promotions.

The premises workshop is also ideal for a full time mechanic to service vehicles, which is also a potential opportunity to be looked into.

There is huge potential to expand as currently the business is turning down work. Managing a larger workload would undoubtedly increase the annual revenue.

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  • Located in Dove Holes, Peak District of Derbyshire
  • Relocatable business
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EPC
G 150+

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