London Airport Transfer & Minicab Business with High Turnover for Sale
City of London, London
- Status
FOR SALE
- Date Submitted:
22/02/22
- Advert ID
290973
- Freehold: £350,000
- Turnover: £298,841 (£5,747 Per week)
- Net Profit: £86,597 (29% Profit margin)
Key Features
- Established Business
- Company for Sale
Business Details
Established Airport Transfer & Minicab company Covering London wide for sale
Established airport transfer and Minicab company for sale.
The turnover from January 2021 to December 2021 was £ 2,98,841. The company comes with a four-year licence and state of the art technology. It has one of the best dispatch systems on the market. The system, phone lines and five websites are paid for.
Most of the work is generated through corporate accounts, aggregators and cash/credit card bookings through websites and phones. Most of the accounts are system linked. There is huge potential to grow this into a multi-million-pound company in the right hands. More aggregators and accounts can be taken on. It could be added on as a bolt on to existing companies. We cover the whole of London and mainly provide airport transfers as well as long distances.
The local work can also be included if you so wish and the work is of good quality. The drivers currently pay a 22% commission. As majority of the work is on account and credit card, you could also mark up the prices when it comes to driver fares. There are three full-time staff working remotely from abroad.
I am looking at reasonable offers from serious buyers.
Get in touch for more information.
Zak - (available on request)
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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