Coach Hire Business in Witney Oxfordshire with Loyal Clients, Potential for Expansion, 4 Coaches Included
Witney, Oxfordshire
- Status
FOR SALE
- Advert ID
518104
- Reference
1330_J / Rightbiz
- Call Agent:
- Leasehold: £128,000
- Turnover: £250,313 (£4,814 per week)
- Profit: Not Applicable
Business Details
Thriving Coach Hire Business with Expansion Potential
BusinessPlease quote reference 1330_J
Founded in 1977, this well-established second-generation coach hire business operates from the market town of Witney, Oxfordshire, just ten miles west of Oxford and ideally situated near the A40 and M40 for excellent transport links.
The business provides reliable home-to-school contracts and private hire services, maintaining a strong reputation for dependable operations and regulatory compliance as a registered National Operator.
The company’s fleet consists of four full-sized coaches, two of which meet current PSVAR accessibility standards, ensuring continued compliance with government requirements.
With a loyal local customer base, long-standing council contracts, and a well-located secure yard in Witney that also generates additional rental income, the business offers a solid foundation with scope for further growth through additional school contracts or diversification into midi and minibus hire.
Location
Blunsdons Coach Hire currently operates in Witney, Oxfordshire.
Premises
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Tenure
We are advised that this opportunity is being sold on a Leasehold basis.
Hours
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Staff
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Financial Profile
We are advised on the following:
Turnover: £250,313 (2019)
Gross Profit Margin: 40%
- Low overheads due to yard subletting to other operators
- Strong repeat income from long-term council contracts
- Reliable cash flow from regular school term work
- Additional seasonal and private hire income potential
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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.
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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.
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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.'.
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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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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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Contact seller
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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