CoGoGo welcomes to the market Blunsdon’s coach travel, with a well-established loyal customer base.
The coaches are available for either home to school transport or for individual private hire. The business is registered with the Department of Transport as a National Operator.
The business currently operates three home to school transport, and occasionally assist other coach operators in the local area with their commitments. There are additional primary school supporting services such as swimming lessons.
Included in the sale are four coaches ranging in age from 2006 to 2014. From January 2022 there are major changes coming to the industry to comply with PVSAR ( Public service vehicle access requirement ) at this point all vehicles provided for home to school transport will have to conform to these standards. Blunsdon’s coach travel now have two of the four vehicles complying with PSVAR. The other two vehicles are likely to undergo a conversion to reach PSVAR in the near future.
All insurance is up to date and will run until April 2022. There is scope for expansion as contracts are often put out to tender. The business is supported by a website.
This is a fantastic opportunity, and our client is happy to work alongside the new purchaser for a period of time offering assistance, and to act as a Qualified Transport Manager, it is a legal requirement to have a manager with the CPC Managers Certificate ( Certificate of professional competence.) this until the new buyer can achieve this status.
Prospective buyers should be aware that this is very much a hands on company and not suitable to someone who can see this as an office job. Ideally the new owner should hold a PSV driving license or willing to take on training to achieve this.
Prospective buyers should be aware that this is a sole trader business and on sale the new purchaser will have to register as an Operator in their own right with the Ministry of Transport. This is a small paperwork exercise with little cost.
Scope For Development -
The business was founded in 1977 and is well known in the county of Oxfordshire. There is scope to increase business on the long term. Expansion is possible. The coach and bus industry was hit hard over the last 15 months due to covid 19 but there is evidence that the future is bright. However the Summer of 2021 is improving but not at the levels of 2019 and before. It is envisaged that 2022 will be improving the situation.
The business is located in the market town of Witney, Oxfordshire. This is ten miles west of Oxford. The position is well suited near the junction of the A40, and eventually the M40. Witney is an attractive area with proximity to the Cotswolds. The coaches are parked in a lockable compound on an industrial estate to the west of the town near Minster Lovell. The yard is spacious and is sub-let to other coach operators in the local area. This provides additional income for the business. The yard is well positioned for the home to school contracts to reduce costs.
The coaches are parked in a lockable compound on an industrial estate.
