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Iconic Cruise & Charter Business – Newcastle

   NSW
City of Sydney
Sydney Region
$1,525,000
$1,525,000
Category:   Urban Bus Transport (Including Tramway)
The business offers exceptional lifestyle opportunities and flexibility of working school term weeks (approx. 41 weeks per year) plus any additional charter and organised extended tour work. The business has high standards and an excellent reputation in the Bus & Coach industry.

Established in 1983 and offered for the first time in 40 years! Quality family business that holds TfNSW government school bus contracts, operating school bus runs/services, charter and coach touring is on offer after 4 decades of successful operations.

Key Features:
- Diverse income with TfNSW Rural & Regional school bus contracts, 9 School Services/Bus Runs (Monday to Friday) general charter work and private school bus service.
- Consistent regular income paid monthly from TfNSW, payment is spread over 52 weeks of the year, work performed over approx. 41 weeks of the year.
- Fleet, plant & equipment included in the sale including 10 x school buses & 5 coaches.
- Good forward bookings and work in the pipeline. Business has recovered well from the COVID period.
- Excellent lifestyle location and growth area operating in the largest inland city in New South Wales.
- Full list of vehicles, equipment, financials, forward bookings is available to approved purchasers after completing a confidentiality agreement.

This business may be suited to family operation or also be suited to a larger operator in the bus & coach industry as an acquisition into their portfolio.

After 40 years in the business the current owners wish to transition to retirement, opportunity knocks!

Price:$1,525,000 WIWO

Financials are available to approve potential buyers only

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

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Listing ID

52753

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LISTING AGENT

Dallas Lodge
0412 298 651