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CONFIDENTIAL SALE
FOR SALE
11/07/23
516474
A well-established Taxi and Mini Cab business is for sale in Peckham, London. With a strong presence in the area for the past 60 years, it has thrived under my ownership for the last 15 years. The leasehold price for the business is £120,000, but we are open to further discussions and offers. Current turnover details are readily available upon request.
This business profits from its prominent location on a main road in the heart of the town centre. With a bus stop located nearby and many bars and restaurants in the vicinity, the location easily attracts regular clientele. Moreover, there's suitable storage on the premises to manage the day-to-day operations with ease.
Among the unique selling points is the minimal local competition. Moreover, fixtures and fittings are included in the sale to ensure the continuation of operations without a hitch. This includes computers, operators, all equipment, there is also a massive rear garden and a basement. With turnover on the rise over the past year, growth is evident and projected to continue. Currently, the business operates on a 24/7 basis, supported by a dedicated team of 5 employees.
One avenue for potential growth is to establish an online presence—a facet currently missing from the business structure. By introducing social media pages and increasing its digital footprint, the business could significantly boost its customer reach and turnover.
Upon sale, I am eager to ensure a smooth transition and, to that end, am willing to offer training opportunities to the new owners. All accounts of the business are available for review. This sale comes in line with my plans of retirement and stepping into new ventures.
For a detailed discussion and complete information about this business, please feel free to contact me.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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