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Essex Family-Run Coach Hire Business with £2.04M Pre-COVID Turnover for Sale

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/11/17

  • Advert ID

    206146

  • Reference

    45949 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £950,000
  • Turnover: £1,740,406 (£33,469 Per week)
  • Net Profit: Not Applicable

Business Details

Coach Hire Essex

Family run coach hire business trading since c. 1897
Freehold property B&M value £550K
Motor vehicle value £775K
Pre-COVID turnover of £2.04M and adjusted EBITDA of £133K
Retirement sale
Reference; 45949. Executive coach hire company. Family run business trading since the late 1800’s. Excellent reputation for customer care. Pre-COVID turnover in the region of £2m with good profits. UK and European holiday packages. Fleet of various size coaches. Retirement sale. Freehold service yard c. 30,000 square feet. Freehold office. A meeting with the owner is highly recommended. Total value of freehold property and motor vehicles included in the sale is £1.325M.
Ref: 45949
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Coach Hire Essex - 45949 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.