Featured Brokers
CONFIDENTIAL SALE
FOR SALE
21/02/24
607122
150255 / Rightbiz
Priding itself on providing a high-quality, safe and reliable service, the company is a private hire coach company, offering a wide range of transfer and tour services to long-standing clients.
Services offered include private and corporate hire for UK day trips, sporting events and concerts; school coaches with fixed term-time routes; and tours such as port and airport transfers, London city tours and shopping trips.
Our clients are offering the business for sale as part of their retirement plans and would be willing to provide a mutually agreeable handover period, if required by the buyer.
Key Highlights
- 23 coaches in fleet.
- All Drivers are CPT- and DBS-checked.
- Has multiple clients, with approximately 80% providing reliable, repeat business on an ongoing basis.
- Several client relationships span over 20 years.
- Serves clients in the international and domestic tourism, education and private sectors.
- Operates from freehold premises in Southern England.
- Generates and sustains consistent revenue without the need for marketing expenditure.
- Candidate available to take on greater responsibilities within the company.
Financial Highlights
- Projected turnover of £4.8m in YE24 and adjusted EBITDA of £907k.
- Turnover of £3.9m in YE23 with an adjusted EBITDA of £779k.
- Strong shareholder funds of £4.3m in YE23.
- High levels of repeat revenue through reliable education sector contracts.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get Solicitor
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