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Respected Public Transport Operator – Southern Cape For Sale

Southern Cape, Western Cape, South Africa
Asking Price:
R3,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R4,800,000
Cash Flow:
R700,000

For over four decades, this public transport company has been the backbone of reliable transportation, a testament to enduring service and unwavering commitment since 1983. As a well-known and respected entity in the public transport sector, they have built a legacy of trust, efficiency, and community connection. This isn't just a business; it's a vital artery in the region's movement, deeply woven into the fabric of daily life. Their long-standing history isn't just about years in operation; it signifies a wealth of experience, a well-maintained fleet, and a loyal customer base that has grown.

The opportunity now arises for public transport operators to acquire a business ripe for continued success. They offer a unique value proposition: the sale at asset value plus one year's profit as goodwill. This transparent and attractive pricing reflects their financial performance and the inherent value of a business with such a robust history and established presence. This is an unparalleled chance to step into a profitable operation with immediate returns and a solid foundation for future expansion.

Property Information

Real Estate:

Lease

Location:

Southern Cape

Premises Details:

Leased bus depot.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Expand into tourist transport in the Garden Route

Reasons for selling:

Retirement.

Trading hours:

Monday to Sunday.

Employees:
6 Permanent and 5 Part Time
Years established:
Since 1983

Other Information

Support & training:

Full support on hand over.

Financing available:

No.

Furniture / Fixtures value:
R2,900,000 - included in the asking price
Relocatable:
This business can be relocated.