Property photos
Business
£78,000
Leisure/hospitality for sale
Witney, England, United Kingdom OX29Local area information
Property location
Nearby amenities
- West Witney Primary School 0.8 miles
- Our Lady of Lourdes Catholic Primary School, Witney 1.1 miles
- Finstock 4.8 miles
- Ascott-under-Wychwood 5.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Business
Cogogo welcomes to the market Blunsdon’s coach travel, with a well-established loyal customer base.
Founded in 1977, this well-established, second-generation coach hire business is based in Witney, a thriving market town just 10 miles west of Oxford.
The company provides reliable home-to-school transport as well as private hire services. While operations can run 365 days a year, peak demand aligns with school terms. The business is registered with the Traffic Commissioner as a National Operator, ensuring compliance with industry regulations.
Currently, the business holds three home-to-school contracts with the local authority, along with additional work for primary schools, such as swimming trips. The company also collaborates with other coach hire businesses, offering support with overflow commitments and receiving assistance when needed.
Fleet & Compliance
The sale includes four full-sized coaches, ranging from 2009 to 2016 models. In 2022, the industry saw significant regulatory changes with the introduction of psvar (Public Service Vehicle Accessibility Regulations). The business is compliant, with two vehicles already meeting psvar standards in line with government requirements.
Expansion Potential
There’s strong potential for growth—whether through additional private hire contracts or expanding home-to-school transport services. The business operates from a secure, fenced-off rented yard with space for at least eight vehicles. Conveniently located less than a mile from the A40, the site offers excellent accessibility.
A Turnkey Opportunity
This is an ideal opportunity for an established operator looking to expand or for someone entering the industry.
Additional Opportunities
While the current business focuses on full-sized coaches, there is scope to diversify the fleet by incorporating midi-coaches (20–33 seats) or minibuses (8–17 seats) to cater to different market needs.
This is a well-positioned, established business with a solid reputation and room for further development.
Location
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.
Premises
The coaches are parked in a lockable compound on an industrial estate.
Tenure
The yard in Witney is leased at £12,000 per annum, but as stated due to parking made available to two other coach and bus operators the costs to the business are reduced to a very low level for the land available.
Renewing the lease is a small paperwork exercise.
Hours
This is very much a 7 day operation, more so in the summer months. Though the bulk of the work is usually during the normal working week. It should be noted that there are times when business becomes very limited, mainly over Christmas, Easter and the month of August when the children are off school.
Staff
The business has two full-time employees and three part-time drivers, all with years of experience. Maintenance is outsourced to a local expert in coach and bus operations. Coaches undergo 42-day safety checks per Ministry of Transport regulations, with an almost 100% first-time pass rate at annual tests.
Financial Profile
The business had a turnover of £250,313 for year ending 2019. The reported gross profit was 40%.
Due to the recent covid-19 the business was hit financially but as survived the crises. The tax year ending 2020-21 is likely to show a rather small profit or a loss. However the economy is improving, and it is likely that from 2022 the business will show a favourable profit margin once more
Cogogo welcomes to the market Blunsdon’s coach travel, with a well-established loyal customer base.
Founded in 1977, this well-established, second-generation coach hire business is based in Witney, a thriving market town just 10 miles west of Oxford.
The company provides reliable home-to-school transport as well as private hire services. While operations can run 365 days a year, peak demand aligns with school terms. The business is registered with the Traffic Commissioner as a National Operator, ensuring compliance with industry regulations.
Currently, the business holds three home-to-school contracts with the local authority, along with additional work for primary schools, such as swimming trips. The company also collaborates with other coach hire businesses, offering support with overflow commitments and receiving assistance when needed.
Fleet & Compliance
The sale includes four full-sized coaches, ranging from 2009 to 2016 models. In 2022, the industry saw significant regulatory changes with the introduction of psvar (Public Service Vehicle Accessibility Regulations). The business is compliant, with two vehicles already meeting psvar standards in line with government requirements.
Expansion Potential
There’s strong potential for growth—whether through additional private hire contracts or expanding home-to-school transport services. The business operates from a secure, fenced-off rented yard with space for at least eight vehicles. Conveniently located less than a mile from the A40, the site offers excellent accessibility.
A Turnkey Opportunity
This is an ideal opportunity for an established operator looking to expand or for someone entering the industry.
- The business currently operates as a sole proprietorship, meaning the new owner will need to apply for an operator’s license from the Traffic Commissioner. This involves a straightforward application process with minimal costs.
- A qualified Transport Manager (cpc Holder) is required. If needed, the current owner is willing to assist or temporarily cover the cpc role while the new owner completes their certification. (Note: This should not be confused with the drivers’ cpc, which is a separate qualification.)
Additional Opportunities
While the current business focuses on full-sized coaches, there is scope to diversify the fleet by incorporating midi-coaches (20–33 seats) or minibuses (8–17 seats) to cater to different market needs.
This is a well-positioned, established business with a solid reputation and room for further development.
Location
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.
Premises
The coaches are parked in a lockable compound on an industrial estate.
Tenure
The yard in Witney is leased at £12,000 per annum, but as stated due to parking made available to two other coach and bus operators the costs to the business are reduced to a very low level for the land available.
Renewing the lease is a small paperwork exercise.
Hours
This is very much a 7 day operation, more so in the summer months. Though the bulk of the work is usually during the normal working week. It should be noted that there are times when business becomes very limited, mainly over Christmas, Easter and the month of August when the children are off school.
Staff
The business has two full-time employees and three part-time drivers, all with years of experience. Maintenance is outsourced to a local expert in coach and bus operations. Coaches undergo 42-day safety checks per Ministry of Transport regulations, with an almost 100% first-time pass rate at annual tests.
Financial Profile
The business had a turnover of £250,313 for year ending 2019. The reported gross profit was 40%.
Due to the recent covid-19 the business was hit financially but as survived the crises. The tax year ending 2020-21 is likely to show a rather small profit or a loss. However the economy is improving, and it is likely that from 2022 the business will show a favourable profit margin once more
More information
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