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BUSINESS FOR SALE ADVERT DETAILS

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BUSINESS REFERENCE : 9047 / RightBiz

BUS & COACH OPERATOR FOR SALE IN LONDON

 

 
Bus & Coach Operator Hanwell, London. T/O: £1,100,000. GP: £260,000. Busy West London bus and coach operator with virtually unlimited potential. Ref: 9047-C

BUSINESS LOCATION:

City of London London UNITED KINGDOM

BUSINESS SECTOR:

Motor & Transport

TRADE TYPE:

Coach & Bus & Taxi Hire

SALE:

Agent Sale

LEASEHOLD:

£875,000
   
 
   

BUSINESS DETAILS:

Location

Collins Coaches Ltd is ideally situated on a modern industrial estate in a substantial and secure commercial site, with ample parking facilities within the densely populated residential suburb of Hanwell in West London. The estate contains an excellent mix of complementary business. There has been considerable investment in the surrounding area over recent years resulting in this becoming a sought after area with good schools and leisure facilities. The business enjoys excellent links to the motorway network via the nearby M4, which connects to the M25 motorway.

Business History

Bag A Business is delighted to offer to he market this thriving bus and coach operator, which was established by our client in 1977 and has been trading from its present site since 1993. It is only now being placed on the market due to our client's wish to retire. The business is run by our client with help from an experienced and motivated team of 12 full-time drivers, and it achieves a turnover in excess of £1,100,000, whilst enjoying a gross profit of over £260,000 per year. This is derived from a good mix of school contract work with the local authority, as well as private coach hire to destinations all over the UK and sometimes abroad. Collins Coaches runs an exceptionally well presented fleet of vehicles, which are maintained to high industry specifications in their own well fitted workshops. We feel that this opportunity would suit any enthusiastic purchaser as it has almost unlimited scope for continued growth and profitability. Alternatively, it would appeal to a similar sized or larger allied enterprise looking to increase its market share, by the acquisition of a dynamic and well located independent operator, with a valuable name in the industry.

FINANCIAL DETAILS
T/O: £1,100,000 approx
GP: £260,000 approx

OPENING HOURS
Mon - Fri: 7.00am - 6.00pm
Sat: 8.00am - 1.00pm
Sun: Closed

PROPERTY DETAILS
Good size yard and ancillary buildings (17,500 sq ft), briefly comprising:

GROUND FLOOR
. Fully fitted workshop with one 4-post ramp
. Drivers rest room
. Two Portakabin
. WCs

EXTERNAL
. Spacious yard with gated access and parking for approximately 16 coaches

FLEET DETAILS
Model Seats Year
Scania K310EB 53 2007
Volvo B10M 51 1996
Scania K114EB 51 2005
Volvo B10M 49 1996
Volvo B10M 49 1993
Volvo B10M 57 1996
Volvo B10M 51 1993
Volvo B10M 57 1986
Volvo B10M 53 1991
Volvo B10M 49 1998
Volvo B10M 53 1982
Volvo B10M 53 1990
Volvo B10M 57 1990
Volvo B10M 57 1988
Volvo B10M 58 1984
Breakdown Van


TENURE
Leasehold
Terms to be negotiated
Rent: £4,375 per month
   

BUSINESS STATUS:

FOR SALE
   

SELLER:

BAG A BUSINESS

CONTACT:

01204 544400

REFERENCE:

9047 / RightBiz

ENQUIRIES:

 
 
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