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Established Taxi/Private Hire Business in Woolacombe Devon with ļæ½15,000 in Assets for Sale

Woolacombe, Devon
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  • Status

    FOR SALE

  • Date Submitted:

    07/09/23

  • Advert ID

    599096

  • Reference

    B07515 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £49,999
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Reputable Taxi Private Hire Business For Sale

Business
Please quote reference B07515

CoGoGo are delighted to welcome to the market Ezee Cabs Woolacombe, a highly reputable Taxi/Private Hire company.

Ezee Cabs Woolacombe was first established by our client in 2003. As seen by the online rating and reviews, the business is very reputable.

The business now comes to the open market due to health reasons.

A family run taxi business situated in the hearts of Woolacombe, North Devonā€™s stunning surfing Mecca. With Woolacombe Bay holiday parks, hotels and campsites on their doorstep, the business has extensive knowledge of the local area so, their customers can expect seamless, stress free journeys.

All drivers are fully licensed and DBS approved, all vehicles meet UK safety standards, the fleet is clean and fastidiously maintained, dog friendly, lady drivers upon request, the business offers; airport, rail and seaport transfers across the UK, minibus hire for wedding guests and stag and hen parties. The business can take their customers to a range of popular attractions such as beaches, campsites, restaurants and beauty spots

The sale will include the company website (ezeecabs.co.uk) and social media platforms and the business enjoys good visibility online with great reviews.

The sale will also includeĀ 3 plated vehicles including an 8 seater Hyundai Minibus, a Volvo Estate and a Ford Mondeo valued collectively at Ā£15,000 approximately.

Key Selling Points -

  • A well established business with an enviable reputation and many regular customers
  • Current owner happy to offer a handover to ensure the continued success of the business
  • The business is first call to a number of holiday parks in the area
  • A real Lifestyleā€™ business offering a lucky new owner the opportunity to live and work in this area of outstanding natural beauty
  • A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit due to health issues
  • Ideal owner managed or partnership business
  • Perfect bolt on to an existing taxi company looking for a foothold in the Woolacombe area
Scope for Further Development -

  • Advertising and Marketing campaign
  • Maximise the use of social media
  • Tender for local authority contracts especially during the quieter winter months
  • Invest in SEO and PPC to drive new customers to the business
  • Create an on-demand mobile booking app


Location
The business offers taxi services across the whole of North Devon and locally including Woolacombe, Morthoe, Croyde, Staunton, Braunton, Barnstaple, Ilfracombe, Biddeford, Instow, Westward Ho, Hatherleigh, Bude, Lyndon, Lynmouth, Great Torrington, South Molton and Tiverton



Premises
N/A.



Tenure
Business Only.



Hours
The business trades 24/7.



Staff
The business is run and managed by our client plus 2 self employed drivers.



Financial Profile
Financial information can be made available upon request.

Please quote reference B07515

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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.

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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.

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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 Ā£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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