Tuk Tuk Conversion and Events Company

Undisclosed, Hampshire

Status

FOR SALE

Date Submitted:

28/04/21

Advert ID

275795

Reference

57908-119102 / Rightbiz
Leasehold: £165,000

The business has been trading since its inception in early 2017 and specialises in converting traditional Tuk-Tuks into eco-friendly electric driven vehicles which are then customised to sell food and drink such as beer, prosecco, cocktails, pizza, candy floss, fast food, coffee and more at events across the UK. The business is currently the main supplier of these unique fully electric Tuk-Tuks in the UK and currently have a fleet of prosecco and beer Tuk-Tuks operational nationwide. In addition to Tuk-Tuk conversions, the business also sells one of the cheapest electric cars in its class as well as an electric retro-style scooter.

The business has proven popular in the event space with a large number of customers left intrigued and impressed by the unique vehicles. The business currently boasts two revenue streams, Tuk-Tuk rentals for festivals and events and fully supplied and fitted Tuk-Tuk conversions. The owner believes the businesses is readily scalable and could easily be franchised across the UK and internationally.

Key Strengths:
1. Unique vehicles which are very popular
2. Impressive profit margins
3. Readily scalable business
4. Excellent supplier relationships
5. Diversified revenue streams
6. Great franchise opportunity
7. Opportunity to supply major food chains with delivery vehicles

PLEASE NOTE:

Financing may be available for qualified buyers.

For additional details or to arrange to view the business, please contact Laurie Smith on 44 7970 786726 or email [email protected]

Contact Agent
Advert Reference:
57908-119102 / Rightbiz
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