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the UK marketplace for company sales

Minibus hire

Reference
S6643
Turnover
£0.5m to £1m
Sector(s)
Automotive, Education, Professional & financial, Service industries
Region(s)
North West England
Added
29 November 2019

Business description

Project Drive

  • Well-established local presence
  • Approximately 80% 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

Highlights

  • Recurring, contracted revenues 
  • EBITDA margins > 35%
  • Exceptional reputation
  • Loyal & highly professional workforce

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