Summary
Established national passenger transport business for sale.
Introduction:
This business is one of South Africa’s premier national passenger transport operators, delivering scheduled and on-demand mobility solutions across nine strategic locations. With a strong presence in the airport shuttle/corporate travel, and private coach charter segments, it is a stable/trusted partner to a broad and recurring client base. Their clientele basis includes but is not limited to tourism operators/multinational corporates/event organizers/diplomatic missions etc.
The company built it business inter alia on the following 3 pillars i.e. uncompromising safety/on time reliability/excellent client service.
The fleet is continuously professionally maintained, with a fleet of diversified vehicles across multiple size classes.
The owners of the business are seeking a strategic buyer for either a controlling or full equity share in the company.
The opportunity is ideally for groups seeking immediate national market share, and consolidate or digitize regional transport eco-systems.
The buyer will benefit from strong functional operational systems, embedded client relationships, national footprint, operational excellence and compliance.
Finances:
Full financials will be made available to pre-qualified buyers, including proof of funds or accepted deal proposals.
A strong and stable NP (EBITDA) of R50 million per annum can be proven.
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