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Business for sale in United Kingdom - 8713s sheffield fh 200000 virtual freehold coach operators

Asking Price: 200,000 £ Real Estate: Ownership
Business for sale – 8713s sheffield f\h£200000  virtual freehold coach operators
Sales Revenue: 1 £
Net Profit: 1 £
Year Established: 1942
Employees: 2PT
# of family members employed: 2FT
Location criteria:
United Kingdom/City and Borough of Sheffield/Sheffield

Business types:

Transportation & Warehousing

Business categories:

Bus Companies

Business description

THE BUSINESS Advent Business Sales are delighted to offer for sale this extremely well established coach hire business. Established in 1942 by the current vendor, it is now reluctantly offered for sale due to the vendor s retirement plans. Due to the vendor s age, contracts have not been renewed by the vendor; therefore turnover at present is kept to a minimum to suit their own convenience and circumstances. Over the years our client has built an enviable reputation allowing them to be a prime operator for many years. The business operates a good sized fleet of Scania coaches with an excellent mix including: 1 x 55 seater coach 2 x 51 seater coaches 1 x 49 seater coach Currently staffed by the vendor and his son, all business comes from repeat custom and word of mouth and is on the approved list for Sheffield City Council. The vendor has ensured that all vehicles are kept up to date with legislation requirements. The business is equipped to a high standard including: 4 poster hydraulic lift Pressure washer Steam cleaner Compressor Gas welder (propane/methane) Grinder Drills Battery charger General tools TRADING HOURS 24 hours with prior arrangement EXPANSION POTENTIAL This would be a good acquisition for someone looking for a freehold premises, which has suitable facilities for coach, minibus and taxi hire. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: Gross Profit: Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES Approximately 4500 sq ft industrial unit with extensive yard space with the benefit of CCTV and includes: Ground Floor 3000 sq ft industrial unit with 2 roller shutters fully equipped to a high standard Large yard to the front with fuel tank Steps to another lower level unit approx 1000 sq ft currently used for storage This additional unit is self contained and has its own entrance with w/c and wash basin TENURE: Virtual Freehold 999 yr lease We are advised that the annual business rates are currently: 3500

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: vendor’s retirement plans.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: The business is ideally located operating from a good sized freehold unit on the edge of the city centre close to Hillsborough in Sheffield. The business is situated in a large industrial area. There are excellent transport links including several ‘A’ roads leading to the M1 motorway. There are excellent parking facilities with space for 6 coaches plus parking outside the premises.

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