Taxi And Minibus Business In Lincolnshire | | Spalding Lincolnshire | | Taxi, Mini Bus & Private Hire Spalding, Lincolnshire T/O: £1,000,000 GP: 68% 33 clean & well-maintained vehicles Unique operation Many sought after contracts Light & airy offices | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49464
ADVERT IMPRESSIONS : 13,068 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Coach & Bus & Taxi Hire | | SALE: | Agent Sale | LEASEHOLD: | £369,950 | ANNUAL RENT: | £10000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Smart Cabs is ideally located on the busy Westlode Street, just off the town centre of Spalding in Lincolnshire. The business occupies spacious and modern premises with prominent branding. Westlode Street is surrounded by a popular retail and leisure area. Spalding is a traditional Georgian market town, which relies heavily on taxi transport. Spalding is a vibrant town, which boasts over 270 shops and businesses with a good mixture of national and independent outlets. The town was listed by The Times as one of the best places in the country in which to live. Spalding lies approximately 19 miles north of Peterborough and 14 miles south west of Boston.
Business History
Preferred Commercial is delighted to offer for sale this thriving taxi and minibus business, which has been in our clients' hands since 2005 and which is only now being placed on the market due to their wish to retire. Since our clients took over the business they have seen year on year growth. The business operates a fleet of clean and well-maintained vehicles and generates a turnover in the region of £1,000,000 per annum with a gross profit of 68%. Since our clients took over the business they have introduced a fresh approach to the taxi business with light and airy offices, a clean and well-maintained fleet with courteous staff and all drivers CRB checked. They have also introduced a completely computerised system at a cost of approximately £30,000, which automates bookings and tracks the vehicles. Our clients offer a children and OAP safe card scheme, with user accounts, and the child or elderly person given a safe card, which allows them to travel by taxi and the account holder is then billed. The office holds contact and address details for the card holder and priority is given to these clients, allowing relatives the peace of mind that their loved ones will be delivered safely home. The company also offers tailor made excursions. The business holds an operating licence to run 5 16-seater vehicles, the only company in the area to hold such a licence. Smart Cabs is the largest operator in the area and is the preferred choice for government awarded contracts. We feel this represents a unique opportunity to acquire a thriving and innovative private hire company, which boasts an excellent reputation. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £1,000,000 approx.
GP: 68%
Opening Hours
Office
Mon - Thurs: 6.30am - 10.30pm
Fri: 6.30am - 12.00am
Sat: 7.30am - 2.00am
Sun: 8.00am - 4.00pm
Diverts operate out of office hours offering 24 hour a day service
Accommodation Details
Spacious office set within a parade of shops and businesses with a wide and prominent frontage. Briefly comprising:
Ground Floor
• Main entrance to bright and airy office with various desks, chairs and computerised Auto-Cab and tracker system
• Rear office with 2 x desks, chairs and computers
• WC with wash basin
• Kitchen with a range of fitted wall and base units
• Store room
• Workshop with supplies of cleaning materials and items for services and repairs i.e. windscreen wiper blades and child booster seats
External
• Large yard to rear, which can accommodate all vehicles as necessary
Fleet
• 5 x 16 seater mini buses
• 4 x 8 seater mini buses
• 13 saloon cars (both liveried and unmarked)
• 3 x 6 seater people carriers
• 3 x hackney cabs
• 3 x wheelchair access vehicles
Tenure
Leasehold
Original length:10 years
Remaining: 7 years
Rent: £10,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1785 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
