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Minibus hire

£0.5m to £1m
Automotive, Distribution, freight & logistics, Education, Leisure, Service industries
North West England
29 October 2020

Business description

Project Drive

  • Well-established local presence
  • Approximately 90% of turnover from Local Authority education contracts
  • Turnover < £1 million
  • Highly profitable and strong cash conversion
  • An unencumbered fleet of luxury minibuses and coaches
  • Significant opportunities to win additional Local Authority contracts
  • Historic appetite for private hire work has been limited by vendors
  • Capacity within both the fleet and the workforce to expand the private hire work significantly


  • Recurring, contracted revenues 
  • EBITDA margins > 25%
  • Exceptional reputation
  • Loyal & highly professional workforce

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