Business for sale

Business description

THE BUSINESS
Advent Business Sales are delighted to offer
for sale this extremely well established coach
hire business.
Established in 1942 by the current vendor, it
is now reluctantly offered for sale due to the
vendor’s retirement plans.
Due to the vendor’s age, contracts have not
been renewed by the vendor; therefore
turnover at present is kept to a minimum to
suit their own convenience and
circumstances.
Over the years our client has built an
enviable reputation allowing them to be a
prime operator for many years.
The business operates a good sized fleet of
Scania coaches with an excellent mix
including:
• 1 x 55 seater coach
• 2 x 51 seater coaches
• 1 x 49 seater coach
Currently staffed by the vendor and his son,
all business comes from repeat custom and
word of mouth and is on the approved list
for Sheffield City Council.
The vendor has ensured that all vehicles are
kept up to date with legislation
requirements.
The business is equipped to a high standard
including:
• 4 poster hydraulic lift
• Pressure washer
• Steam cleaner
• Compressor
• Gas welder (propane/methane)
• Grinder
• Drills
• Battery charger
• General tools
TRADING HOURS
24 hours – with prior arrangement
EXPANSION POTENTIAL
This would be a good acquisition for
someone looking for a freehold premises,
which has suitable facilities for coach,
minibus and taxi hire.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £
Gross Profit:
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Approximately 4500 sq ft industrial unit
with extensive yard space with the benefit of
CCTV and includes:
Ground Floor

3000 sq ft industrial unit with 2 roller
shutters fully equipped to a high
standard

Large yard to the front with fuel tank

Steps to another lower level unit approx
1000 sq ft currently used for storage

This additional unit is self contained
and has its own entrance with w/c and
wash basin
TENURE: Virtual Freehold
999 yr lease
We are advised that the annual business
rates are currently: £3500