Leisure/hospitality for sale in South Charlotte Street, Edinburgh EH2, £495,000

495,000.00

Offer Nr.:
65285615
Type of ad:
for Sale
Property type:
Leisure/hospitality
Contact name:
Central Business Sales
Phone(s):
0131 268 9106

* Full Handover period
Executive minicoach hire business for sale. Based in Edinburgh. Independent
operation that has been established since 2006. 4 high specification executive
Mercedes vehicles – 2 x 19 passenger Mercedes minicoaches, 16 passenger
Mercedes minicoach, 6 passenger electric Mercedes mpv. Specialists in tours,
airport travel, golf travel and benefiting from valuable contracts with local
authority. Strong income levels with impressive ebitda. Ideal opportunity for
larger operator wishing to expand by acquisition. Income & net profits
significantly increased since re - opening from Covid.
Established by our client back in 2006, the business is a specialist coach
company that focuses on executive travel services catering to a wide range of
clientele. Based in Scotland’s capital city of Edinburgh, The business is
perfectly located to offer tours of the city along with golf trips, tours of
the many lochs and Glens that Scotland’s has to offer or visiting many of the
fine distilleries that are dotted around the country.
In addition, the business has built up an enviable reputation as one the
specialist companies to go to when it comes to corporate executive travel, and
airport transfers to and from both of Scotland’s main international airports,
Glasgow & Edinburgh. By investing in two high value executive minicoaches plus
a 2022 Mercedes Sprinter (16 - & 19 - seater) that offer features such as leather
reclining seats, fully air conditioned, panoramic roof with sliding blinds,
usbc charging plus individual passenger overhead service units just to name a
few, our client has had a clear focus on quality from day one.
By keeping up with the demands & needs of the modern traveller, with not only
investing in market leading coaches within the minicoach field, our client has
also paid a great level of attention to the overall service and standard of
firm. From the well - presented and easy to navigate company website, straight
forward booking system to the expertise and professionalism of the drivers, to
the vehicles themselves, the business operates at a standard that you would
expect in modern executive travel.
While much of the trade comes from private tours, golf parties and corporate
executive travel, an impressive level of income is generated through the
valuable, schools’ contracts that the company enjoys. The benefit to the
business of the school contracts is not only the steady income, but with the
degree of income stability, our client is able to continually invest in the
business year on year. In addition, the business enjoys good working
relationships with various tour operators.
The privately - owned business has steadily grown since it was established by
our client and has become one of Edinburgh’s premier independent Minicoach and
Minibus hire companies. With the clear focus on customer service and quality,
the vendor of has built up an enviable reputation of a modern forward - looking
firm that is ripe for expansion and ready to capitalize on the demand from the
tourism market after the pandemic 2020 & 2021\. The business would suit a
larger operator and would be ideal as a bolt on executive minicoach hire
operation. It should be noted that our client would be willing to act as a
consultant for an agreed handover period if required and in particular for any
purchaser who are new to the coach industry.
The business is fully relocatable and is currently run from a large yard.
Vehicles
4 high specification executive Mercedes vehicles –
2 x 19 passenger Mercedes minicoaches
16 passenger Mercedes minicoach
6 passenger electric Mercedes mpv

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