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Taxi Firm With Garage Workshop

Undisclosed Nottinghamshire
NOTTINGHAMSHIRE TAXI CO WITH GARAGE WORKSHOP -Est 21 Yrs Located in residential area Reg schl runs with local council & care ctr runs - 9 Hackney plates-repairs & MOT Prep A/T: £52,100 GP: £27,100 Staff s/ employed L/H: OIRO £170,000 +SAV REF 9293NG
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 35083
ADVERT IMPRESSIONS : 50,723 TIME(S)

 
BUSINESS SECTOR: Motor & Transport
TRADE TYPE: Garages
SALE: Agent Sale

LEASEHOLD:

£170,000
 

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BUSINESS DETAILS:

Our client’s taxi company with a vehicle repair workshop is conveniently located in a busy town on the Notts/Derby border. It is just off the main road in a residential area with easy parking and a business car park attached to the company.

The A610 leading to junction number 26 on the M1 is close by for easy access to Derby, Nottingham, Mansfield, Chesterfield and East Midlands Airport.
THE BUSINESS:
Advent Business Sales are pleased to offer to the market this very well established taxi company with a vehicle repair workshop, which has been trading successfully for the past 21 years.

The current vendor has been in constant ownership since its inception and is reluctantly selling due to retirement plans.

This taxi company has a very strong reputation within its local market. It offers both Hackney and pre booked service for local and long distance runs. It also has regular school run contracts with the local County Council as well as all year round, five day a week, day care centre runs with Derby County Council.

Phone manning is as follows:
• 8 – 11/12 midnight Mon/Thurs
• 8 – 1 / 2 am Fri/Sat
• 9.30 – 12 midnight Sun

The taxi fleet has 9 Hackney plated vehicles:
• 7 x 4 seat
• 1 x 7 seat people carrier
• 1 x 4 seat with wheel chair access
(All the above are public hire plates with grandfather rights)
Mechanical repair service:
The company also offers a full mechanical repair service up to MOT preparation. This facility has far reaching advantages to its own taxi fleet, ensuring speedy and thorough mechanical maintenance.
Equipment within the garage includes:
• 2 x 2 post lifts
• Compressor
• Engine gigs
• Gear box lift
• Top miller
• Crane lift
• Gas & mig welding equipment
REF: 9293NG

STAFF DETAILS
The business employs:
3 x full time drivers
2 x part time drivers
(There are a further 2 full timers awaiting badges, not yet employed)
All are on a self employed basis.
1 Full time mechanic (self employed)

EXPANSION POTENTIAL
There are two major areas of potential growth, one is to employ owner drivers and the second is to promote in a more direct way the garage facility to the nearby public.

TRADING HOURS:
Taxi Service
24 / 7
Garage
Mon – Fri; 9.00am -5.00pm

FINANCIAL INFORMATION:
We have been advised by the vendor of the following:

Annual sales: £52,164
Gross Profit: £27,159

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

BUSINESS PREMISES:
A high ceiling, single storey unit briefly consisting of:

Ground Floor
• Front waiting area with drinks machine
• Main office with computer and radio base
• w/c
• rear garage – 2 bay
• passage way leading to roller steel door – this area is high roofed for the vehicle and crane lifts.

External
• Large compound (shared with 1 other business)
• Pathway, paved to an adopted road


TENURE: Leasehold
Original lease: 9 years
Remaining lease: 18 months
Review every: 3 years
Rent: £2,850 P.A.

We are advised that the annual business rates are currently: £492 small business rates
   
  FOR SALE
   

REFERENCE:

9293NG / RightBiz
   
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