Business For Sale

This owner-operated Passenger Service business is available for sale by negotiation. It is located in a rural Waikato town and the existing agreements with companies/trusts/businesses currently using these passenger services will be passed on to the new owner.  The diversified client base is being actively expanded.

The company provides the following services to the town and district:

-    Taxi
-    School bus runs
-    Airport shuttle
-    Bus Charters

The tangible assets will include the following 6 vehicles:

-    Daewoo Nubira station wagon (2005)
-    Isuzu Journey service coach (1990)
-    Toyota Coaster service coach (1989)
-    Toyota Coaster service coach (1990)
-    Toyota Hiace minibus (1994)
-    Toyota Hiace minibus (2000)

The intangible assets will include:

-    Database of existing clients
-    Contracts of supply and service contracts
-    Initial management/vendor assistance
-    Exclusive trade name and brand recognition rights
-    Vendor restrains of trade (50 km for 3 years)
-    Goodwill
-    Telephone numbers

This business has good cash flow as would be appreciated by an incoming purchaser. It is ideally suited to being operated by a couple with one member having some practical mechanical knowledge.


Please note:  This business is being sold as a going concern, the transaction will be zero rated for GST purposes under Section 11 (1)(m) of the Goods and Services Act 1985, (Supply of a taxable activity).