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Relocatable Family Run Private Mini Bus Company For Sale

Hoddesdon, Hertfordshire
Asking Price:
£69,995
Sales Revenue:
£67,952
Cash Flow:
Available on request

Business
Hilton Smythe are delighted to present to the market Basic Travel, established by our client in 1992 and now offered for sale due to our clients wish to retire.

A family run, private mini bus company. The business can cater for all occasions including group night outs, airport runs, race days, golfing trips, company team building trips, days out to many attractions across the U.K, club and team events, sporting events as well as managing several school contracts throughout the week.

Previously the business offered European trips and holidays which could easily be re-instated by the purchaser.

Our client also offers a daily shuttle service for a local company, transporting office staff from the station to the office location. Other regular work includes local school trips, after school clubs, theatre groups, music clubs and several over 65 groups looking for a regular, friendly transport service.

We feel some new marketing to other similar groups would easily double the current turnover as workload now is managed by our client and wife only with only ad hoc additional drivers employed when required.

Our client would offer a full handover to assist with the smooth transition of ownership.

Location
Basic Travel is run from our clients’ home in Woollens Brook, nr Hoddesdon in Hertfordshire.

Our client mainly looks after clubs, schools, retirement homes, and businesses in the local area taking them to events both in and around the area as well as events across the country.

Hoddesdon is a town in the Broxbourne borough of Hertfordshire, situated in the Leas Valley and grew up as a coaching stop on the route between Cambridge and London.

Our client has off road secure parking for the 2 mini buses.

Premises
Our client will include the 2 Mercedes minibuses both able to transport 16 people.

The newer Mercedes is ideal for longer trips as comes with a very large luggage capacity at the rear of the vehicle.

Tenure
This is a business only opportunity.

Hours
The business operates all year at times to suit their customers.

The local office worker shuttle bus is run daily to and from the station and office location.

Staff
The business is owner only run with some ad hoc help when required.

Financial Profile
As per the 2016 accounts turnover is in the region of £68,000 with a gross profit at around 84%.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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