Passenger Transportation Provider – North East

Turnover of £2.26m for year end 2023 (management accounts).
Adjusted EBITDA in excess of £389k for same period.
The business provides a variety of trustworthy and luxury transportation.
Having operated for over 50 years, the business is well-established with a consistent client base.
Our client has a strong-second tier management team comprising of a Commercial Director and a General Manager alongside a Company Accountant/Secretary amongst others.
The client base comprises of over 300 active clients and has major contracts with local authorities.
Recent growth strategies have been actioned to ensure increased profitability.

Kings Corporate are delighted to present Project Sugar a passenger transportation provider based in the North East. The business is well-established and offers coach hire across the region. The vendor now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis.

Please contact using reference number 49724 or quote Project Sugar.
Ref: 49724