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Profitable Executive Minibus Hire Business in Edinburgh with High-Spec Vehicles

City of Edinburgh, Edinburgh
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Well Established Executive Minibus Hire Business Ref 1817 Highly Profitable Photo 1
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Well Established Executive Minibus Hire Business Ref 1817 Highly ProfitableWell Established Executive Minibus Hire Business Ref 1817 Highly ProfitableWell Established Executive Minibus Hire Business Ref 1817 Highly ProfitableWell Established Executive Minibus Hire Business Ref 1817 Highly Profitable
  • Status

    FOR SALE

  • Date Submitted:

    02/08/23

  • Advert ID

    517548

  • Reference

    1817 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £495,000
  • Turnover: N/A
  • Net Profit: On request

Key Features

  • Unique Business
  • Accounts Available
  • Established Business
  • High Turnover

Business Details

Well Established Executive Minibus Hire Business Ref 1817 Highly Profitable

Executive minicoach hire business for sale. Based in Edinburgh. Independent operation that has been established since 2006. Vehicles include a 16 seater 19 seater and two 29 seater passenger executive minicoaches. Specialists in tours, airport travel, golf travel and benefiting from valuable contracts with local authority. Strong income levels with impressive EBITDA. Ideal opportunity for larger operator wishing to expand by acquisition. Income & net profits significantly increased since re-opening from Covid.

Established by our client back in 2006, the business is a specialist coach company that focuses on executive travel services catering to a wide range of clientele. Based in Scotland’s capital city of Edinburgh,
The business is perfectly located to offer tours of the city along with golf trips, tours of the many lochs and Glens that Scotland’s has to offer or visiting many of the fine distilleries that are dotted around the country.

In addition, the business has built up an enviable reputation as one the specialist companies to go to when it comes to corporate executive travel, and airport transfers to and from both of Scotland’s main international airports, Glasgow & Edinburgh. By investing in two high value executive minicoaches plus a 2022 Mercedes Sprinter (16- & 19-seater) that offer features such as leather reclining seats, fully air conditioned, panoramic roof with sliding blinds, USBC charging plus individual passenger overhead service units just to name a few, our client has had a clear focus on quality from day one.

By keeping up with the demands & needs of the modern traveller, with not only investing in market leading coaches within the minicoach field, our client has also paid a great level of attention to the overall service and standard of firm. From the well-presented and easy to navigate company website, straight forward booking system to the expertise and professionalism of the drivers, to the vehicles themselves, the business operates at a standard that you would expect in modern executive travel.

While much of the trade comes from private tours, golf parties and corporate executive travel, an impressive level of income is generated through the valuable, schools’ contracts that the company enjoys. The benefit to the business of the school contracts is not only the steady income, but with the degree of income stability, our client is able to continually invest in the business year on year. In addition, the business enjoys good working relationships with various tour operators.

The privately-owned business has steadily grown since it was established by our client and has become one of Edinburgh’s premier independent Minicoach and Minibus hire companies. With the clear focus on customer service and quality, the vendor of has built up an enviable reputation of a modern forward-looking firm that is ripe for expansion and ready to capitalize on the demand from the tourism market after the pandemic 2020 & 2021. The business would suit a larger operator and would be ideal as a bolt on executive minicoach hire operation. It should be noted that our client would be willing to act as a consultant for an agreed handover period if required and in particular for any purchaser who are new to the coach industry.

The business is fully relocatable and is currently run from a large yard.

Vehicles

4 high specification executive Mercedes vehicles –

  • 19 Passenger Executive Minicoach
  • 16 passenger Mercedes minicoach
  • 2x 29 passenger Minicoach
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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.

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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 'Well Established Executive Minibus Hire Business Ref 1817 Highly Profitable - 1817 / 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.