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Related Ads > Norfolk Business for Sale > Coach & Bus & Taxi Hire to Lease > Coach & Bus & Taxi Hire in Norfolk for Sale 

Taxi Hire Price: £29,950 Norfolk Re Locatable

Undisclosed Norfolk
NORFOLK -RELCOATABLE TAXI HIRE -est 1990's Various work undertaken, including a contract with local school 2 x vehicles incl Skoda Octavia & Ford Galaxy Two trading names & telephone lines -Ran to suit owner's pace A/T: £34,900 GP: £10,600 Ideal bolt on for exsiting firm looking to expand out Scope to expand the fleet & advertising PRICE: £29,950 +SAV REF: 9492NR
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 44588
ADVERT IMPRESSIONS : 30,192 TIME(S)

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

LEASEHOLD:

£9492NR
 

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BUSINESS DETAILS:

LOCATION

The vendor currently runs the business from his home in, Norfolk and is easily relocated within the immediate area.

The area is a delightful Georgian market town in north Norfolk, some 20 miles from the county city of Norwich. The A148 trunk road runs from the town to the coastal resort of Cromer some 7 miles to the north east. Fakenham is located some 10 miles to the south west. There is a large regional airport just to the north of Norwich.
THE BUSINESS
Advent Business Sales are delighted to offer for sale this established and profitable taxi business.

Founded by the vendor back in the mid 1990s, the firm has won an excellent reputation with its local customers.

It is being sold to allow the owner to retire.

A mix of local and long distance work is undertaken, with airport runs to Norwich, Stansted, Heathrow and Gatwick. In addition, the firm has a permanent contract with an independent school locally. This school has a large number of foreign students requiring airport transfers at the beginning and end of term.

The firm is run by the vendor with support from a self employed driver.

Included within the consideration price are the two company vehicles,
• a 2002 Skoda Octavia diesel
• a 2002 Ford Galaxy, with a 6 passenger capacity.
Appropriate private hire licences are held.

The firm benefits from two trading names and two telephone lines which would be transferred at the time of sale. In addition, the firm’s appointment books have details of many local customers and the vendor would be happy to work with a new buyer initially, until he becomes established.

The business could suit an existing operator in the market, seeking additional trade from the area. Alternatively, it would suit an independent operator seeking to acquire a reliable business with a good customer base.
REF: 9492NR

EXPANSION POTENTIAL
• The business is currently run at a pace to suit the vendor. A new owner could increase takings dramatically by expanding the existing fleet.
• In addition, the vendor does not currently utilise mobile telephone technology to the full, relying on an answering machine at home.
• Advertising is not undertaken, and modest expenditure here would likely generate significant volumes of additional work.

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

Annual Sales: £34,900.
Gross Profit: £10,600 Approx

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

N/A – Business to be relocated.


TENURE: N/A – run from home
   
  FOR SALE
   

REFERENCE:

9492NR / RightBiz
   
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