Angry residents claim it's the second time the same stretch of street on the city's South Side has collapsed, and are demanding action to prevent it happening again.
The latest incident occurred three days ago as a the pensioners were travelling along Cromarty Avenue in Newlands, only to become stuck when the road collapsed.
It happened outside the home of Louise Hutchinson.
The mother-of-two said: "Part of the road collapsed, trapping the minibus. It's a massive hole - it almost swallowed the front of the bus.
"The residents are most alarmed and concerned about this incident. The hole poses a hazard to all the residents but particularly the many young children who live here."
She labelled the incident as an, "accident waiting to happen," and claimed: "We are terrified of another gaping hole opening up unexpectedly and the potential danger this poses to us all.
"This is the second time in a year that the road outside our house has collapsed in this way. This latest hole is about six feet in diameter and three to four feet deep. It's happened about 20 metres away from the last one."
Workmen have told her this week's collapse was the result of a water pipe burst - the same fault as the ~ last time which was tackled by utility giant Scottish Water.
Two of Ms Hutchinson's neighbours were left without water until repairs were carried out.
The collapse happened seconds after the mini bus dropped off another elderly neighbour, who attends a pensioners' club. No one was injured in the incident and the road is expected to be repaired within the next few days.
A Scottish Water spokesman said: "An issue with a faulty pipe which leads from the water main in the street to a customer's property resulted in a very small amount of leaking water slowly eroding the supporting soil for the surface of the road.
"This resulted in a shallow, irregular indentation appearing in the road.
"We immediately attended the site upon being made aware of the indentation appearing and performed a repair last night.
"The road will soon be reopened and operating as normal, we are currently on-site with Glasgow City Council Roads Department to assess what is required for the road surface to be fully reinstated."
He added: "We want to thank local people for their patience as we perform this essential repair and we also want to apologise for any inconvenience caused to residents."