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Southern England-based SEND School Transport Service Provider with Long-Term Contracts for Sale

Relocatable

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/05/24

  • Advert ID

    611249

  • Reference

    155619 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £550,000 (£10,577 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A provider of school transport services for SEND children – based in Southern England

The company provides specialist transport services between homes and schools that allow local authorities to fulfil their duty of care to children with special educational needs and disabilities (SEND).

Having developed long-standing relationships with two county councils, the company benefits from regular repeat business, with contracts in place to secure business through to 2028.

The company is being offered for sale to facilitate the shareholders’ retirement.

Offers invited.

Key Highlights

- Regarded as a professional, knowledgeable and trustworthy provider by the councils, schools and families with which it works.

- Utilises a fleet of 24 fully adapted vehicles driven by experienced staff who are fully trained in securing wheelchairs, safeguarding and working with disabled people.

- Vehicles are stored at the drivers’ homes during term time, removing the requirement for a permanent yard and therefore reducing overheads.

- Offered as a fully relocatable opportunity.

Financial Highlights

- Turnover of £547k for YE23.

- EBITDA of £115k achieved in the same year.

- Management turnover of £625k in YE24.

Read more

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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 'A provider of school transport services for SEND children – based in Southern England - 155619 / 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.