Bus & Coach Hire Business Opportunity For Sale.

Business
Please quote reference B08256

CoGoGo present to the market Bridgnorth & Stourport Coaches, an established and highly reputable minibus and coach hire business, is now available for sale due to family commitments.

Founded in 2017 and incorporated as a limited company in 2019, the business has steadily grown, securing a strong foothold in the passenger transport industry. Located in Stourport-on-Severn, the business operates from a spacious industrial park, with ample outdoor space for housing a well-maintained fleet of minibuses and coaches.

This is a fantastic opportunity for a new owner or investor to acquire a thriving business with a solid client base, long-standing contracts, and significant growth potential.

Key Business Highlights:

• Established Business: Operating since 2017, with incorporation in 2019, Bridgnorth & Stourport Coaches is a trusted name in the transport sector, well-known for reliability and competitive pricing.
• Diverse Vehicle Fleet: The business boasts a versatile fleet of 16 vehicles, including 16, 35, 49, and 57-seate minibuses and coaches, with wheelchair-accessible options to cater to diverse client needs. The fleet is valued at £803,000.
• Strong Contract Base: The majority of the work consists of contracted services, including regular school transport and rail replacement services, providing a steady and reliable income stream.
• Highly Skilled Team: The business employs a team of experienced and professional drivers who are committed to ensuring safe, punctual, and customer-focused transport solutions.
• 24/7 Passenger Recovery Protection: The business prides itself on offering round-the-clock passenger recovery protection, ensuring peace of mind for both clients and passengers in the event of unexpected delays or breakdowns.
• Environmentally Progressive: Bridgnorth & Stourport Coaches is committed to sustainability continually exploring ways to improve fuel efficiency and reduce emissions across its fleet.

Opportunities for Growth

While the business is already highly successful, there are several opportunities for expansion and growth:

• Increase Fleet Size: Expanding the fleet to accommodate additional contracts, and ad-hoc bookings could significantly increase revenue.
• Diversify Services: In addition to schools and rail replacement services, there is potential to grow into the corporate and tourism sectors by offering bespoke transport solutions for events, tours, and corporate functions.
• Online Booking System: Introducing an online booking platform could streamline operations, attract new clients, and enhance customer convenience.
• Eco-Friendly Fleet Upgrades: Investing in electric or hybrid vehicles would further reinforce the business’s environmentally conscious reputation, while also potentially reducing operating costs over time.
• Expand Geographic Reach: With strategic marketing and additional staff, the business could target new geographic area, increasing the client base and securing more contracts.
• Partnerships: Establishing partnerships with local tourism boards, event organisers, or travel agencies could open up new revenue streams.

The current owner is reluctantly selling the business due to family commitments. The sale presents an excellent opportunity for a motivated buyer to take over a well-established, profitable and operationally sound business.

Bridgnorth & Stourport Coaches represents an exceptional investment opportunity in the transport sector. With a solid foundation in contract work, a reliable fleet, and a highly skilled team, the business is well-positioned for continued growth. 

Location
The business is strategically located in an industrial park in Stourport-on-Severn, providing excellent access to major transport routes and key client locations. 

Premises
The site includes outdoor space capable of housing the entire fleet of vehicles, with room for additional expansion as the business grows.

Tenure
This opportunity is being sold on a Leasehold basis with 1.5 years remaining on the lease.

The current rent is £1,000 per month.

Hours
The current operating hours are:

Monday to Friday – 8:00am to 4:30pm

Saturday & Sunday – Closed

Staff
The business is run and managed by our client with the help of 12-13 staff members.

Financial Profile
This business generated a turnover of £716,000. Full financials can be made available upon further request.