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Key Facts

[Ref: 1324902]

Business For Sale : Coach & Mini Bus Hire
Location : 159 Regent Road, Kirkdale, Liverpool,
Asking Price: 290,000

Contact: Jolley & Co

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COACH & MINI BUS HIRE

Presidential Travel, 159 Regent Road, Kirkdale, Liverpool, L5 9TF. UK

Business

Directions

From Liverpool take Derby Road (A565) in the direction of Bootle. Turn left at it's junction with the A5055 into Sandhills Lane. The business is located at the corner of Sandhills Lane and Regent Road with access from Sandhills Lane itself to the yard or from Regent Road to the office.

Location

The business is located in a dockside and industrial / commercial area located between Liverpool and Bootle.

Business History

The vendor advises that the business originated as part of G. Ashton Taxis in 2003 when they applied for council contract work and expanded. They obtained standard licences in June 2008 which enabled them to bid for larger vehicle routes. The business has traded successfully and has expanded. The owner is now seeking retirement on account of ill health.

Business Profile

The business comprises coaches and mini buses for private hire. The business also includes established contracts with the local authorities. Presidential Travel is on the preferred transport list with Sefton, Liverpool and Wirral Councils, Mersey Travel and Momentum Transport for the Liverpool area. The vendor advises that the business is on the emergency list for train replacement. The business now benefits from ten standard disks with an application made for an additional four and has a fleet of vehicles to include an eighty seat Leyland Olympian bus, five coaches, eighteen mini bus vehicles (varying from eight seats to twenty four). A full list will be provided upon application.

Tenure

Leasehold. The business rents office accommodation together with garage facilities and shared use of an extensive yard on a twelve month, rolling lease basis at 20,004 per annum which includes VAT. Jolley & Co. have not examined any lease documentation and a buyer must arrange for their solictor to verify that this information is correct.

Office

14' 2'' x 13' 1'' (4.32m x 3.99m) - Carpet, wooden panelling to the walls, suspended ceiling with fluorescent lighting and a radiator. The accommodation includes the shared use of kitchen and toilet facilities.

Workshop

50' 5'' x 38' 4'' (15.39m x 11.70m) - Insulated walls, roller shutter door access for HGV vehicles and separate pedestrian door access.

Outside

Allocated use of extensive parking areas with further details to be provided upon application.

Staffing

Five full time office staff, twelve part time drivers and four escorts.

Price

290,000 for the business, goodwill, vehicles and fixtures and fittings.

Fixtures & Fittings

A schedule of fixtures and fittings and vehicles will be made available for prospective buyers. At the time or writing this comprised five coaches and eighteen mini bus vehicles (varying from eight seats to twenty four).

 
 

[PRFLID:25155] [CMPID:161] [FRMTeID:] [MiUITID:1] [MiID:134314] [PdUITID:1]

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