Profitable Passenger Transport Company with £0.9m Turnover for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
11/08/23
- Advert ID
517945
- Reference
1006IM / Rightbiz
- Call Agent:
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Profitable Passenger Transport Services Company
A high growth, successful and profitable company offering transport services to Councils, Schools, the corporate and private sectors.The owners have built the business over the last 5+ years and now wish to focus their efforts on their core business.
The consideration is for the sale of the Company (share sale). The business has grown rapidly while successfully navigating the pandemic, building a strong reputation for providing a quality service. The business is also known for its local knowledge, reliability, flexibility & pragmatism when providing solutions to clients.
The business provides services to local and nationwide destinations. The continuing growth is underpinned by long term Council and School contracts.
It is noteworthy that the organic growth has been achieved without focusing on marketing, offering the new owner tremendous scope particularly in the private sector. The business continues to invest adding to/replacing the minibus and coach fleet.
The owners have put in place an experienced and reliable team of drivers and operations staff.
Building on the current owners’ success this profitable and well run business will appeal to companies who wish to expand within the sector, those looking for vertical or horizontal acquisition opportunities or acquirors looking for an established business providing a strong foundation with genuine growth opportunity.
Highly Profitable Passenger Transport Services business
Government/ Council Long term Contracts
Tremendous Scope for Growth
Turnover £0.9m and growing
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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