Coach & Tour Operator - Business & Freehold - North Coast NSW

Business For Sale – $1,145,000
Property For Sale $1,950,000 (must be sold with the business)

For sale are both the business and the 25 acre freehold property. The business and property will be sold together, or the business can be purchased individually – but the property cannot be purchased individually.

The successful purchaser’s investment can also be secured with the option of a long leasehold on offer for the current business premises and residential property. Purchase the business and lease the depot and residence.

This business may suit a husband and wife team, someone with mechanical or heavy vehicle driving experience, an existing operator in the bus & coach industry or someone new to the bus & coach industry. The buyer would have a desire to reside in NSW Far North Coast, with arguably the best climate in Australia, stunning beaches and wonderful national and state parks. The successful purchaser would walk into a turnkey long-established family owned and operated Coach & Travel business. This business holds government transportation contracts, is situated on 25 acres with approval for subdivision into three lots, and with a fully set up bus depot and executive style home. A complete package!

KEY FEATURES: BUSINESS
– 4 x coaches and a fleet of small vehicles that service a diverse revenue stream
– Assisted School Travel Program – Department of Education, operating 3 x contracted services with small & medium vehicles transporting children with varying disabilities to and from school.
– Organised Tours – The tour business is a proven well recognised brand and highly successful part of the business that is rebounding from pent up demand. The business has over 400 financial loyal members paying an annual membership. Forward bookings in the pipeline for extended touring calendar are strong.
– Contracted work with NSW Trains Emergency & Pre Planned track work, this revenue is continuing to grow.
– School Charters – The company has a strong reputation built on long lasting partnerships with local schools in the Clarence Valley, Maclean, Iluka, Yamba, Woolgoolga, Coffs Harbour & Nambucca Heads. The business has been delivering same day, overnight and extended stay school excursions for schools for over 20 years.
– FY2022 the business rebounded strongly from a COVID interrupted period. FY2023 is again showing growth with T/O up from the previous year.

THE PROPERTY
– On offer with the business on a Freehold basis is the current owners 25 acre property with residence and Bus Depot, where the business is operated from. The property has recently received development approval for subdivision into three lots, 2 x 5 acre and 1 x 15 acre blocks. The existing executive style home and depot are located on one 5 acre lot.
– Lot 1 – Residence & Depot – 5 acres – 2.02 HA (approx)
– Lot 2 – 5 acres – 2.02 HA (approx)
– Lot 3 – 15 acres – 1.07 HA (approx)
– Services include town water, electricity, Telstra
– SUBJECT TO REGISTRATION OF TITLE

THE BUS DEPOT
– 8-bay workshop plus 2 bays of office space with full fitout & mezzanine, 45 foot walk in pit.
– Fully council compliant undercover bus washing bay together with separator.
– Workbenches, Tyre rack, Toilet dump & Three Phase Power.
– Fully functioning offices, Driver’s room with overnight quarters, Storage room, Bathroom with shower facilities & full working kitchen.

After more than 20 years in the business the current owners wish to transition to retirement, opportunity knocks!

The Passenger Transport Regulation 2017 requires accredited bus operators and their designated managers to hold or undertake an approved Bus Operator Accreditation Training Course (BOAS) “Bus Operator Accreditation Scheme ”

Financials are available to approved potential buyers only

For full details on this opportunity or a confidential discussion contact: Dallas Lodge