Coach Hire Business in Witney Oxfordshire with Loyal Clients, Potential for Expansion, 4 Coaches Included

Description

Business name: Blunsdons Coach Hire

Business type: coach hire and school transport

Location: Witney, Oxfordshire

Established: 1977

Ownership structure: second-generation family business

Location

Distance from Oxford: approximately 10 miles

Nearby road links:

• A40
• M40

Services

• Home-to-school transport
• Council transport contracts
• Private coach hire
• Seasonal passenger transport

Operator status

National Operator registration: in place

Regulatory compliance: maintained

Fleet

Full-sized coaches: four

PSVAR-compliant coaches: two

Contracts and customers

Council contracts: established

School transport income: recurring

Private hire customer base: established

Premises

Operating base: secure yard in Witney

Tenure: leasehold

Yard use:

• Coach parking
• Fleet management
• Subletting to third parties

Additional rental income: generated through yard subletting

Staff

Work handled by the current team:

• School transport
• Private coach hire

Financial information

Turnover: £250,313

Gross profit margin: 40%

Financial period quoted: 2019

Profitability: reported as profitable by the owner

Development options

• Secure additional school transport contracts
• Increase private coach hire bookings
• Add further full-sized coaches
• Introduce midi-coach services
• Introduce minibus services