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Established Taxi Service and Garage on the Isle of Wight **Open to Reasonable Offers**

Newport, Isle of Wight
Status
FOR SALE
Advert ID
198087
Reference
05176 / Rightbiz
    Taxi and Garage Services

    Isle of Wight location

    High annual turnover

    Large fleet of vehicles

    Potential for further growth

Intelligent Business Transfer are pleased to bring to the market a fantastic opportunity for a new buyer to acquire an established and reputable Taxi and Garage business located in the town of Newport on the Isle of Wight. Established in 1996, the business has demonstrated excellent growth and now achieves an annual turnover of £640,000. With a high level of net profit available and a longstanding customer base, this is an ideal opportunity for a local entrepreneur with industry expertise or a new buyer looking to relocate to the Island, to acquire a lucrative business with further growth potential.A motivated new buyer may look to develop the business by expanding the services to cover the entire Island as currently the business only trades within a limited geographical area. By advertising an extended service, the business can look to grow the current turnover significantly. Intelligent Business Transfer have been approached to find a suitable buyer for this superb opportunity. The current owner has developed a profitable and highly reputable business which is now primed for further growth.
Listing Details
Tenure: Freehold
Tenure: Leasehold
Tenure: Other
Location: Newport, Isle of Wight
Sector: Motor Businesses, Taxi Businesses
Financials
Annual Turnover: £709,390
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Advert Reference: 05176 / Rightbiz
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