AO057 -Specialist Motability Mini Bus & Private Hire Company
Business for sale
Asking Price:
£148,000
Turnover:
£124,000
Annual profit:
£50,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This well respected and highly succesful business was set up the the current owners some 11 years ago and in that time has steadily grown to become an established and reliable provider of general transport services who specialise in this provison of motability solutions for the disabled and elderly within the community.The company works with local authorities, schools, nursing homes and the general public, offering efficient and reliable school and airport transfer services using suitably equipped vehicles.
The company runs a fleet comprising 4 mini buses and 4 cars/people carriers.All vehicles are signwritten and in an excellent state of repair. All have been professionally converted and are equipped with all the necessary fixings, fastenings, flexible seatings and chairlifts to ensure excellent wheelchair access,safety and comfort for passengers and drivers alike.
The company is in an enviable position as it holds several lucrative contracts (two more contracts have recently been secured in August 2010), with local councils and schools, the contracts are annual or longer periods, which ensures ongoing business and profitability to a new owner. The company also services the private market and supplies an inavaluable servie to several nursing homes in the area. It also has a standard private hire service but has not relally pushed this side too hard to date.
As well as their daily contract work, which is the business’s core activity the company also operates a number of private hire trips for airport runs, events and coastal trips.
Employee details
Fulltime staff:
2
Parttime staff:
14
