| (REF: 1110ST) Relocatable Taxi Hire Established In 1982 |
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| Seller Reference: |
1110ST |
| B4S Reference: |
28069 |
| Asking Price: |
£27,500
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| Net Profit: |
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| Sales Revenue: |
£40,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
29 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Staffordshire, United Kingdom |
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HISTORY
The business was originally founded in 1982 but has been operated by the current vendor since the beginning of 2009
REASON FOR SALE
The business is only now being reluctantly offered for sale to enable the vendor to pursue an alternative unrelated business venture
SERVICES
The business is very well known for doing airport runs which account for approximately 60% of his turnover
He has very regular work from a local hospital, building society and a cement company
CUSTOMERS
Trade is split approximately 60% to general retail clients and circa 40% to account customers
Major businesses include a hospital, a local large building society and a local cement company
These 3 clients account for approximately £1,500 per month of the turnover
The business also has numerous other local corporate clients
Most clients are based within an approximate 15 mile radius of his home
STRENGTHS
An extremely well established business which has been trading for over 29 years
Excellent local reputation with a very high repeat and referral rate from other satisfied clients
Regular contract work which amount to approximately £1,500 per month
A low overhead business which can easily be run from home
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
Run from home |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
The business is currently run from the vendors home, which is located just outside a popular market town in Staffordshire
Included within the asking price is a Vauxhall Vectra Estate on an 07 plate. The estate car is ideal for carrying up to 4 passengers plus all their associated luggage
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Location: |
The business is currently run from the vendors home which is located just outside a popular market town in Staffordshire |
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This is already a successful taxi business, it does however, still offer excellent scope to increase both sales and profits by:
1. Employing another driver the business turns away more work than is actually taken
2. Have a more spacious vehicle such as a 6 seater or one which can accommodate the disabled
3. Take on night work currently very little is done
4. Advertise more and have a web site
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Is this a home-based business? |
Yes |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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The vendor works the hours required to meet the demands of the various clients
Hours can be erratic as the business does many runs to all the major airports
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The vendor works alone in the business |
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