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SOLD - Profitable Top End Transport, Bus & Coach Operation with Contracts.

SOLD - Profitable Top End Transport, Bus & Coach Operation with Contracts.

Preview Listing
Preview Listing

Location Details :

Country

Australia

State

--

City

--


Industry :
Professional
Sub Industry :
Brokerage

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

Summary
Metro Mini Bus has been operating for 29 years with long term clientele. Servicing schools, government, corporate & more, making for a diverse income stream. With a Fleet of 23 modern vehicles, consisting of 8 coaches & 15 mini buses that is included in the sale price. This business operation is extremely profitable, has limited competition and may suit a family looking to secure their financial future or an existing Bus & Coach company looking to expand but run the business from a far and capitalize on synergies.
The current owner has been involved with the business for 19 years but now must sell Due to health and family reasons.

About the Business
Metro Mini Bus is highly regarded in the transport industry in Darwin and across Australia, word of mouth and long-term repeat clientele has ensured the company has continued to grow organically.
The company is diversified & has skilled drivers to perform all types of services, no job is too big or too small. It holds one school contract which has recently been renewed for 3 years and is waiting to hear on several government contracts which they are confident they will win. Our other types of jobs include airport transfers, corporate transfers, general charter, tours, school excursions and short ride trips.
The Minibus side of the business that makes up a portion of the total revenue works like a taxi service but the pricing is not controlled by the government so you can set your own pricing. The mini bus drivers work as contractors on a bailment agreement saving on wages, super and workers compensation costs.

Metro Mini bus operates 24/7 and has a control room which is open extended hours so the customer service team can take bookings, complete paperwork, and provide the drivers with any special instructions.
The company's loyal and skilled employees are a mixture of admin staff, mini bus and coach drivers and some staff are multi-skilled. It currently consists of Full time, Casual and Contractors.
Untapped Potential
With the government's support Darwin is about to experience a mining, oil & gas and defence boom which will last for the next 10 years. This will create more work in the transport industry & the company is well positioned to secure some large contracts with this development. Another option to increase revenue would be to tap into the tourist market and offer day trips and tours to all the Top End attractions that are household known destinations Australia wide and internationally.
The business continues to grow annually, the owners have never undertaken advertising or marketing as they are regularly booked by long-term clientele, repeat travellers, travel agents, schools and more. A potential growth opportunity exists if you choose to establish an online presence and undertake any form of marketing.
Skills
The business is easy to run either as an owner operator or under management making the business a prime target as an acquisition for a company looking to expand and capitalize on synergies that would bolster an already profitable bottom line .
You would need to obtain accreditation to operate in the NT which is a relatively easy process.
Depot, Lease, Location Details.
The modern depot is located 4 mins from Palmerston CBD, 20 mins from Darwin CBD and 20 mins from Northern Suburbs CBD. This is a prime location with a shopping centre, Bunnings, service station and more located nearby.
There is an opportunity to Purchase freehold depot or option for a long lease from the vendor securing the businesses current place of operations.

For full details on this opportunity or a confidential discussion contact:
Dallas Lodge – 0412298651
Email : dallas.lodge@finnbusinessales.com.au

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