Price
$650,000
Profit *
$295,868
Sales Revenue
Refer to Broker
Location
Tasmania, Hobart & Southern
Category
Transport/Distribution, Services
Listing #
TA00174
Family-owned bus company established in the 1940s on the market for the first time due to the vendor retiring
This is the perfect opportunity to keep the wheels turning for this well-known contracted school bus service in Hobart
Maybe you are looking for a solid acquisition business to enhance your existing fleet, either way this business is priced realistically allowing the vendor to enjoy retirement.
With established and regular business as a contracted school bus service, schools charter and excursions and cruise ship charter sector this is ideally suited to an owner/operator with good knowledge of the transport sector.
Business Highlights
– Consistent turnover year upon year
– Confirmed long standing contracts with Government
– Experienced staff
– Assets valued in excess of $400K included.
Reputable business with over 70 years of trading history.
First time offered and owner is very motivated to sell.
Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared
Brenda Tsiaousis
TA00174
Phone: +61 3 6135 4446
Mobile: +61 405 348 932
Email: [email protected]
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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