Private Hire Supplemented With Lucrative Council Contracts | | Undisclosed Cambridgeshire | | NORFOLK - RELOCATABLE PRIVATE HIRE SUPPLEMENTED WITH LUCRATIVE COUNCIL CONTRACTS Well Est, with ltd competition fleet of 3 including 2 people carriers LEA & Boots contracts A/T: £ 62,821 ADJ NP: £25,000 Excellent scope to obtain further contracts BUISNESS ONLY: £69,950 INC Vehicles REF: 1188PE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68433
ADVERT IMPRESSIONS : 13,576 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Coach & Bus & Taxi Hire | | SALE: | Agent Sale | ASKING PRICE: | £69950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Trading from vendors residential property in a coastal town in North West Norfolk
Excellent location attracting local work and jobs from visiting tourists
Area affords superb rural quality of life
Within 45 minutes drive of Norwich International Airport
HISTORY
Established by vendor in 1989 following industry experience
Steady growth with acquisition of various Local Authority contracts traditionally forming the bulk of work
Expansion of private hire work in recent years now contributing the majority of turnover
Drivers very carefully selected with CRB checks
Fleet now includes 2 people carrier vehicles and one saloon
REASON FOR SALE
Customer is seeking a change of lifestyle
SERVICES
Local and national private hire work undertaken
Contracts for Local Education Authority, Social Services and Boots
Airport runs
CUSTOMERS
Local residents and visiting tourists
Local Authority encompassing Social Services and Schools with 4 contracts currently in place
TRADING HOURS
Flexible as demand dictates
STAFF
2 employed full time drivers (one lady driver)
All have appropriate Criminal Records Bureau checks
Vendor mans the telephone and undertakes occasional driving work
FINANCIALS
Turnover
2011 £62,821 pa
2010 £65,636 pa
2009 £62,185 pa
Adjusted net profit averages £25,000 per annum (last 3 years)
OVERHEADS
Staff £14,224 pa
Fuel £17,742 pa
Insurance £4,121 pa
Telephones £1,820 pa
PREMISES
Run from home
One driver lives around 7 miles away allowing excellent geographical coverage
VEHICLE FLEET
Fiat Doblo 2006
Fiat Doblo 2007
Renault Scenic 2006
Business has 3 private hire plates
STRENGTHS
Excellent reputation within Norfolk
Superb relationship with Council fostered over many successful years
Carefully selected driver all with CRB checks
Driver based in local village away from main hub ensuring easier coverage of West Norfolk
Strong financials with consistent trading pattern
Significant summer tourist influx
Superb quality of life in rural Norfolk
Home run operation benefits from extremely low overheads
Extremely limited competition locally
TENURE
Run from home
SCOPE
Still further scope with Local Authority work
Greater focus on airport work
Expansion of geographical coverage into neighbouring towns
Advertising and marketing only undertaken to limited extent
Website development
Additional working hours and night service
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1188PE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
