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BUSINESS REFERENCE : 1076 / RightBiz 1076: LARGE TAXI COMPANY, HEREFORD. OFFERS INVITED | | | | | | Phoenix Business Transfer Agents are delighted to place onto the market this very successful Taxi Company which has been established for over 30 years. It was started by our client who now wishes to retire. The business operates both a Hackney and Private Hire service with vehicles for up to 8 seats. There is also a coach company which may be available for sale separately. Our client has 10 full Hackney plates which are valued in excess of £3,000 each. It is one of the major taxi companies in the area. | | | BUSINESS LOCATION: | Hertford Hertfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Coach & Bus & Taxi Hire | | SALE: | Agent Sale | ANNUAL RENT: | £6000 | | | | | | | | | | | BUSINESS DETAILS: | Location
This business is centrally located lying very close to Hereford town centre. It enjoys some passing trade and its location is very convenient for all the Taxi drivers. The area offers easy access to most parts of the town and the premises is very spacious with parking to the front and rear. Hereford itself offers an excellent lifestyle and is well linked with a network of roads.
Business Details
Phoenix Business Transfer Agents are delighted to place onto the market this very successful Taxi Company which has been established for over 30 years. It was started by our client who now wishes to retire.
The business operates both a Hackney and Private Hire service with vehicles for up to 8 seats. There is also a coach company which may be available for sale separately. Our client has 10 full Hackney plates which are valued in excess of £3,000 each. It is one of the major taxi companies in the area.
The business employs 14 full time drivers and various part time Taxi drivers as well as an operator. Up to 8 of the drivers are owner drivers who are charged £40 per week. The remaining vehicles are owned by our client and the drivers are either paid a wage or a commission.
The business has gained an excellent reputation locally and has many contracts with schools, council authorities, social services and other private contracts. The company covers the whole of the Herefordshire area and enjoys an excellent turnover.
The concern also benefits from an auto cab GPS software system which tracks all vehicles and automatically allocates jobs.
The potential of the business is huge. More advertising and also enthusiastic proactive owners will easily be able to take the turnover to over 1 million.
Our client would be available for a business familiarisation period if required.
Property Details
The Taxi rank is situated in a busy area of Hereford and is a detached building. There is parking to the front and rear of the premises and the entrance to the office leads to a reception area with a fully equipped taxi office. To the rear there are offices and further to the rear is a driver’s area with full facilities including a kitchen and toilets.
Taxis P/H
1997 Ford Transit, 1998 Ford Transit w/c, 1998 Ford Transit, 1999 Ford Transit, 1999 Boxer.
Hackney w/c
2 x 57 plate Fiat 8 seaters, 05 plate Volkswagen 8 seater w/c, 2x 55 plate Fat Doplo w/c, 54 plate Fiat Doplo w/c
Hackney Cars
3 x 2001 plate cars, 4 x 2003 plate cars and 3 x 2006 plate cars
Financial Details
At present the business turns over in excess of £800,000 with a net profit of over £150,000. The total of all the equipment and vehicles is in the region of £117,000. The projected turnover for 2010 is in excess of 1 million pounds with an estimated net profit of £200,000
Opening Hours
This business runs a 24 hour service 7 days a week.
Tenure: Leasehold
There is a new lease available for this premise with a rent of £6,000 per annum
Price: Offers Invited | | | | | | FOR SALE | | | | | SELLER: | PHOENIX BUSINESS AGENTS | | CONTACT: | 0844 567 5016 | | REFERENCE: | 1076 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
