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BUSINESS REFERENCE : GP104 / RightBiz PROFESSIONAL EXECUTIVE CHAUFFEUR COMPANY | | | | | | Professional Executive Chauffeur Company Confidentially offered for sale Ref No: GP104 Location: Fully Re-Locatable Asking Price: £180,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £180000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This well established and professionally managed chauffeur company was founded more than 10 years ago and has continued to grow at a pace, becoming a significant enterprise with an outstanding reputation for the quality of its vehicles, flexibility of service and reliability; operating 24 hours a day, 365 days of the year.
The company’s services include transfers, weddings, business travel and other excursions throughout the UK. The Vendor and chauffeur staff have many years experience between them thus understanding all aspects of the business and customer requirements.
The company is underpinned by a substantial asset base, strong self employed chauffeur team and a continually expanding range of services and is ideally placed to help the busy executive with no room for error, to remain comfortable, confident and competitive.
The company is committed to consistent and constant improvements in services and has invested in technology and information systems as a means of enhancing responsiveness and to provide the client with the service and information they require.
The company offices are fully computerised and use state of the art software packages for vehicle tracking, booking, dispatch and route management and planning; data that ensures a quick response and systems that audit every detail of a client order. Most vehicles have Personal Digital Assistants (PDAs) installed with GPS and satellite navigation facilities. Data messaging is preferred for direct communication with driver personnel so that passengers will not have to listen to ‘mini-cab’ style radios.
Equipment:
The business is fully computerised with bookings received via email and telephone.
Customer Service:
The business manages many clients in any normal week and has the systems, processes and people to ensure that both productivity and clients’ orders are satisfied. The most important aspects of customer management and satisfaction considered by the business is honesty, safety and reliability and it is this combination of commitments that is responsible for the company retaining many clients and the reputation for which has led to the acquisition of new ones.
Key Strengths:
The business is owned and managed by the vendor who has, over time developed and nurtured a business name, reputation and chauffeur team capable of overseeing business operations effectively, reducing the need for constant or daily input. This has resulted in customer relations founded on a history of trading satisfaction and not contingent upon the presence of the vendor.
The business is well established and profitable, with a loyal and growing customer base, retaining a high level of repeat business, particularly among a number of clients returning on a regular basis and having done so for many years.
The company has earned an outstanding reputation for its professionalism, service, reliability, flexibility, efficient booking fulfillment and a willingness to help.
Growth and Expansion:
The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Key Opportunities:
This is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform.
This firm maintains an extensive base of satisfied customers, who appreciate the company’s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts, which are showing early trends for growth and development.
Employees:
The business is owner run with five self-employed drivers.
Advertising and Marketing:
The business has established this successful business without the need for advertising or marketing; there are excellent opportunities to introduce this and market the business more aggressively to significantly increase turnover.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
The business does benefit from an attractive and informative website detailing contact information and services.
Premises:
The business is full re-locatable, with no premises included in the sale price.
Business Hours:
The business is in operation seven days a week.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Annual turnover is circa £300,000 per annum, generating a gross profit of £126,000 and a net profit of £60,000. The net asset value is £18,000.
Reason for Sale:
This is a genuine retirement sale.
Support and Training
Full support and training will be provided if required. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GP104 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
