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Leasehold Taxi & Private Hire Business In Dorset

Bridport Dorset
Taxi & Private Hire Business Bridport, Dorset. T/O: £225,000. GP: 37.33%. Prime trading location. Largest operator in the area. Vast potential to increase trade.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 12273
ADVERT IMPRESSIONS : 20,688 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Coach & Bus & Taxi Hire
SALE: Agent Sale

LEASEHOLD:

£129950

ANNUAL RENT:

£4344
 

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BUSINESS DETAILS:

Pats Cabs occupies a light industrial unit, ideally located close to Bridport town centre in Dorset. Old Rope Walks are just 5 minutes away from the town centre and there is easy access to the main A35 bypass. Bridport is a popular South Dorset town and incorporates the seaside village of West Bay. It is situated on the Jurassic Coast, which is a World Heritage Site and is just 5 miles away from Lyme Regis. Bridport enjoys excellent road links being on the main A35 to Honiton, Exeter, Bournemouth and Poole. The area is very popular with visitors who boost the local population, particularly in the Summer months.

Bag A Business is delighted to offer for sale Pats Cabs, which was established by our client in 1986. The business has grown to be the largest taxi operator in the Bridport and West Bay area and has a modern fleet of ten well-maintained vehicles. Pats Cabs offers Hackney Carriage or private hire vehicles. Trade is drawn from a diverse client base from general public waiting in the town centre taxi ranks to school runs, company accounts, which include several blue chip local companies, airport runs and executive hire. The business benefits from a national taxi telephone dialling code of 01308, which directs all incoming calls to Pats Cabs. Currently the annual turnover is £225,000, achieving net profits approaching £50,000 per annum. There is scope to increase trade further through more pro-active marketing and increasing the size of the fleet, particularly in the private hire sector. We feel this is an outstanding opportunity to acquire a well-established and highly profitable business, which is located in one of the most sought after areas of England. Early discussions with Bag A Business must come highly recommended.

FINANCIAL DETAILS
T/O: £225,000 approx
GP 37% approx

OPENING HOURS
Sun - Thurs: 7.00am - 1.00am
Fri - Sat: 7.00am - 4.00am
As and when required for airport runs and long trips.


PROPERTY DETAILS
Single storey lock-up unit, briefly comprising:

GROUND FLOOR
. Workshop with roller shutter door
. Large office area
. WC

FLEET DETAILS
All vehicles are included in the sale
. 52 plate Peugeot 406 - Hackney Carriage licence
. 51 plate Vauxhall Vectra - Hackney Carriage licence
. 03 plate Peugeot 406 - Hackney Carriage licence
. 05 plate Peugeot 407 Estate - Hackney Carriage licence
. 04 plate Peugeot 807 - Hackney Carriage licence
. 03 plate Peugeot 406 - Hackney Carriage licence
. X plate Peugeot 406 - Hackney Carriage licence
. 02 plate Mondeo - Hackney Carriage licence
. R plate Mercedes C250 - private hire
. 02 plate VW Transporter, Hackney Carrieage Licence


EXTERNAL
. Parking for ten vehicles

TENURE
Leasehold
Original length: 3 years (renewable)
Remaining length: 2 years
Review every: 3 years
Rent: £4,344 per annum
   
  FOR SALE
   

REFERENCE:

8911 / RightBiz
   
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