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Established Taxi Vehicle Rental Business in South Gloucestershire For Sale, Relocatable

Relocatable
Reputable Taxi Vehicle Rental Business For Sale That Operates in South Gloucestershire Photo 1
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Reputable Taxi Vehicle Rental Business For Sale That Operates in South Gloucestershire
  • Status

    FOR SALE

  • Date Submitted:

    04/08/22

  • Advert ID

    300215

  • Reference

    BB5166 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £125,000 (Stock at valuation)
  • Turnover: £30,000 (£577 Per week)
  • Net Profit: £25,000 (84% Profit margin)

Key Features

  • Accounts Available
  • Prime Location
  • Established Business
  • Attractive Business

Business Details

Reputable Taxi Vehicle Rental Business For Sale That Operates in South Gloucestershire

Overview:

If you are looking to buy a Taxi Vehicle Rental Business that operates in South Gloucestershire, then this is one to take a look at. This is an established taxi business that offers private hire in and around the Gloucestershire area.

This limited company was established in 2019 and the owner is now looking to move onto something different.

Anyone looking to buy a taxi business and wants one that has opportunities to grow, then this is the one. It is one that would easily increase by growing its fleet of taxis as there is a huge demand for it.

It is a very established Company among its trade and customers.
 

Annual Turnover: £30,000

Annual Turnover Period: Annual

Net profit: £25,000

Tenure: Relocatable

Business Established: 2019

Current owner has run this business for: 2019

Business Sale Description:

For Sale is a Taxi Vehicle Rental Business that operates in South Gloucestershire.

The Business that is very well regarded in Gloucestershire and in the community it supports. The business is now looking for a new owner who can expand on the fantastic foundations the current owner has put in place.

The business has built up an impressive client base both locally and online and this business benefits from having the option of being able to be grown considerably.

This private hire taxi business that is for sale provides an excellent passive income and for any new owner, they could easily expand this business in terms of taxi rentals.

All the vehicles are licensed vehicles and the business covers all of South Gloucestershire and benefits massively from having agreements in place with South Gloucestershire Licensing as well as having excellent relationships with Uber and Bolt.

Currently, the business is enjoying having a huge market presence and the opportunity to increase this presence is there for any new owner.

The business has an Annual Turnover of £30,000 with a net profit showing at £25,000.


Key Features of This Business:

  • Excellent Reputation;

  • Recently Refurbished;

  • Loyal Custom Base;

  • Equipment to be included;

  • Huge Growth Potential;

  • Variety of Services or Products;

  • Has Market Relationships

  • Equipment included In Sale;

  • High Growth Possibilities;

Key Location Features:

  • Home Based;

  • Office Based;

  • High Street Location;

  • Rural Location;

  • Close to Local Businesses;

  • Limited Competition

Accommodation Included: No
 

Potential Growth Opportunities:

A new owner could look to develop the business further through additional marketing and promoting special offers to gain more customers. The business does limited advertising and has achieved much of its success through its reputation for excellence.

Through increased advertising via social media and online platforms the business could boost exposure to its services and effectively attract more customersThe current owner doesn’t see a need for a website, but this is something a new owner may want to add.

Vendor Open To a Transition Period: YES

Business Sector Type: Private Hire/ Taxi

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff: TBC

Business Sale Asking Price:

£125,000

Business For Sale  BB5166-Reputable Taxi Vehicle Rental Business For Sale That Operates in South Gloucestershire

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Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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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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The data showed regarding this advert 'Reputable Taxi Vehicle Rental Business For Sale That Operates in South Gloucestershire - BB5166 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.