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£142,000

Leisure/hospitality for sale
Witney, England, United Kingdom OX29

    Business
    Added on 06/05/2021

    About this property

      Business
      Please 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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      Businesses like this are rarely on the market for long!

      Tenure
      We are advised that this opportunity is being sold on a Leasehold basis.

      Hours
      Click ‘Contact Seller’, ‘Send Enquiry’ or ‘Contact Broker’ now to find out more.

      Staff
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      We can share additional documents and details on file to give you a complete picture.

      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

      More information

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