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Established in 2002, this business became limited in 2004 and has a complete business structure in place. This is a family run, professional business that prides itself in exceptional delivery of service. The primary source of business is contract work and pre-booked Taxi and Minibus hire for private clients, corporate/schools and local authorities. There are many more opportunities that can be advertised and tendered for. The fleet of vehicles has continually grown through the years and now consists of 2 x Hackney Cars, 2 x Taxi Cars, a Wheelchair taxi, 3 x 14 seater minibus 7 x 16 seater minibuses (3 Minibuses are Wheelchair Accessible) and a 53 seater coach. The business is well known locally with limited competition and comes with fully trained staff and everything in place. The vehicles are reliable and good quality, driven by professional drivers who put the customer first. The business provides an acquirer with an ideal bolt on for a company already operating in this Lucrative Passenger Transport sector looking to expand their presence or gain a foothold in the area. Alternatively this is an excellent opportunity for an organisation or an individual looking to acquire a well-established, very profitable company offering an excellent rate of return on investment and excellent growth and expansion potential with even further schoolbuilding envisaged in the area and more private school runs to be tendered for.
Assets 4 x Taxi / Hackney saloon cars
1 x Wheelchair Accessible Taxi / MPV
10 x Minibuses
1 x 53 seater coach
Coach availability is relatively new to the business and it is envisaged the annual turnover on this will be circa â¬30,000. Customer Service: Customer service is the key to any business. Professional in every respect this business provides clients with a reliable service, high quality transport, experienced drivers and competitive pricing. This is demonstrated by the prestigious contracts the business wins and the high levels of repeat business and referrals it enjoys. Key Strengths: The business has the following key attributes: â¢ Professional contract hire taxi, minibus and coach company
â¢ Transport operatorâs licence
â¢ On-going improvement in service
â¢ Over ten years of successful operation
â¢ Contract hire, school travel, airport transfers, special occasions and corporate travel etc.
â¢ Website and on-line booking facility
â¢ Excellent turnover from contract accounts
â¢ Significant growth and expansion opportunities Key Opportunities: This is an excellent opportunity to continue to grow the business on the solid foundations that have been laid down by the owner in terms of price, reliability, comfort and safety.
Business has increased to date supported by the on-going improvement in services. There is potential to continue to grow the business, particularly the coach market. It could also be possible to expand the current contracts to add additional journeys and to market to other schools in the wider area. This is an excellent opportunity to acquire a busy professional business being sold with all assets including vehicles offering a new buyer a turnkey opportunity coupled with tangible assets from day one. The demand is there. A new owner could significantly increase the operations and profitability of this business.
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover for 2014 was circa £237,000 ( â¬323,156,) however this is continually increasing and is envisaged to grow with the addition of the coach transportation. All Assets, (fixed and tangible) approx. £140,000 ( â¬190,000.)