Summary
2020 BCI Cruiser 10, seats 44. (Contracted to 2037) Very good condition Odometer 300,000km 312km’s daily run, $1390.00 daily rate. Good student numbers and increasing. Full time driver available.
Revenue
$275,000 pa
Rent
$0 pa
Expenses
$155,000 pa
Net Profit
$120,000 pa
Location Details
Coral Bay-Exmouth W.A. Pilbra coastal region
Public Transport Authority contract, operates 40 weeks, 12 weeks holidays. School bus departs Coral Bay 6.10am arrives Exmouth 8am. Departs Exmouth 2.25pm and returns Coral bay 4.15pm every school day of the year.
Potential
This is a unique oportunity to buy a business and live in one of Australia's most sort after nature based holiday destinations right on the Ningaloo Reef. There are big expantions happening in Coral Bay and Exmouth which offer great oportunities to expand this business from its already solid and reliable income base. Contract is with Public Transport Authority WA. This would suit a young couple wanting to build on an existing business or a semi-retiree wanting a good steady income with minimal hours and a great life style.
Skills
Require: medium ridgid licence (MR), Public Transport Driver authorisation (PTD), working with children clearance (WWC) and current first aid certifate.
Hours
5 hours each school day. 6am to 8.30am, 2pm to 4.30pm. 40 weeks per year. 12 weeks holidays per year.
Lease
Option to take over long term rental of a single bedroom unit at the Coral Bay Accommodation Village.
Employees
if owner drives bus then no additional employees required.
Reason for Sale
Retiring.
About the Business
Coral Bay School Bus Service has been operating on a renewable contract since 1998. the current contract was renewed in 2020 and will be up for renewal again in 2037. this is a unique oportunity to buy a business and live in one of Australia's most sort after nature based holiday destinations right on the Ningaloo Reef. There are big expantions happening in Coral Bay and Exmouth which offer great oportunities to expand this business from its already solid and reliable income base. This contract is with Public Transport Authority WA which pays automatically every fortnight, no invoicing or waiting for payments. This would suit a young couple wanting to build on an existing business or a semi-retiree wanting a good steady income with minimal hours and a great life style.
History
Coral Bay School Bus Service has been operating for 27 years. Current contract started in 2020 and will be up for renewal in 2037. we started in 1998 with a Toyota 12 seat commuter bus and are now opperating a BCI Cruiser 44 seat bus. Currently 27 children use the bus service, with the new developments happening in Coral Bay we expect patronage to increase. This service provides the only option for children in the region to attend school and provides a vital service, we have children from pre-primary to high school using our service daily.
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