Highly Profitable Airport Shuttle Service - Proprietary Ip - Flexible Location

Sydney, NSW

Services / Car/Bus/Truck Transport/Distribution / Car Automotive / Car Rental
$449,000
Listing ID1837116

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Started in 1996, this business is one of the largest players in the Sydney airport shuttle service market, with plans to grow exponentially. The business is currently returning over $200k in profit per annum and boasts a 15,000+ strong customer database.

Location Details
The Office currently located on the Northern Beaches of Sydney, but could be run from anywhere, including interstate.

Potential
The vendor has drawn up plans to replicate his existing business into 8 other regions in the greater Sydney area. The business could also expand interstate, making the opportunities limitless. The business already has proprietary booking software that differentiates it from other businesses, which makes the operation very scalable.

Skills
A new owner must be an accredited operator and requires bus driver authority to operate the bus.

Hours
7 x 365 days, from 4 am to 11 pm.
Owner works part-time with flexible hours. Staff manage the drivers and bookings.

Lease
A new lease is available if required. But the business can be run from anywhere, including a home, or a different city.

Employees
1 x PT owner (manager)
2 x FT call centre operators
2 x PT call centre operators
7 x Drivers (contracted on commission)

About the Business

The business is Australian owned and operated. Bookings are taken online or over the phone, with 90% pre-paid. There are 9 shuttle buses (2 owned by the vendor) that are utilised predominantly across Sydney, with 1 van in Melbourne. The business takes a percentage of the booking fees and pays the balance to the drivers.

Staff all work remotely and are well established in their roles. There is an additional contractor in Indonesia that manages trip reconciliations, answering evening calls, and helps with the call centre operations.

The business has additional domain names that help drive its presence in the market. Having spent significantly on SEO in the past, the business now operates a very lean marketing budget and is achieving strong profits.

For the next owner, there is a significant opportunity to grow the business and to put in place new management so that the business can run independently. There is also the opportunity to add other packages, such as shuttle services to the Blue Mountains, vineyards, or to sporting events. The owner has a range of these packages mapped out with marketing materials for the website. So there is no shortage of opportunities. The only question is how big the next owner wants to grow, and how fast.

For more information on this exciting opportunity, please contact the undersigned:

Simon Bedard
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M:0488 899 944 T: 1800 858 696 E: simon.bedard@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1837116 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.