£495,000

Leisure/hospitality for sale

  1. Property photo 1 of 4.
  2. Property photo 2 of 4.
  3. Property photo 3 of 4.

£495,000

(£4,950.00/sq. ft)

Leisure/hospitality for sale

South Charlotte Street, Edinburgh EH2

100 sq. ft

Local area information

Property location

Nearby amenities

  • Basil Paterson School Upper School S5 S6 0.2 miles
  • Basil Paterson School Middle School S3 S4 0.5 miles
  • Haymarket 0.6 miles
  • Edinburgh 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Edinburgh to find out more about the local area.

Features and description

  • Full Handover period
Executive minicoach hire business for sale. Based in Edinburgh. Independent operation that has been established since 2006. Vehicles include a 16 seater 19 seater and two 29 seater passenger executive minicoaches. 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 –
19 Passenger Executive Minicoach
16 passenger Mercedes minicoach
2x 29 passenger Minicoach

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Central Business Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Central Business Sales for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh City Centre
  6. New Town
  7. South Charlotte Street

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.