Relocatable, 37-Year Old Taxi Hire Business with Strong Reputation in Padstow, Cornwall for Sale
Padstow, Cornwall
- Status
FOR SALE
- Advert ID
620707
- Reference
B08328 / Rightbiz
- Call Agent:
- Asking Price: £99,995
- Turnover: £20,000 (£385 per week)
- Net Profit: Not Applicable
Business Details
Well Established Taxi Hire Business For Sale
BusinessPlease quote reference B08328
CoGoGo presents Padstow Cabs, a long-established taxi hire business with a 37-year history in Cornwall, which is now available for sale, offering a unique opportunity for a new owner to step into a highly profitable enterprise with a strong reputation.
Operating seasonally, the business capitalises on the region's vibrant tourist influx, servicing the popular Padstow area and surrounding Cornwall tourist hotspots. Padstow Cabs has consistently delivered excellent service, which is reflected in a large, loyal client base, including both locals and regular visitors.
Currently managed by our client, who seeks to pursue new ventures, this is a business-only sale, meaning it can be relocated to suit the buyer's preferences, providing great flexibility. The business's established brand and customer loyalty create a strong foundation, and with Cornwall's booming tourism, there is significant room for growth.
Opportunities for Growth:
- Expanded Fleet: Adding more vehicles, particularly luxury or electric cars, could attract a broader customer base and appeal to eco-conscious travellers and luxury tourists.
- Year-Round Services: The current seasonal operation could extend into off-peak months by targeting local services such as airport runs, medical transport, or partnerships with local businesses and events.
- Enhanced Digital Presence: Developing an easy-to-use website and mobile booking app with integrated payment options can capture the tech-savvy traveller and streamline the booking process.
- Corporate Contracts: Establishing partnerships with hotels, tour operators, and corporate clients can secure a steady revenue during quieter months.
- Advertising & Social Media: Building a strong social media presence and leveraging online advertising can further drive brand visibility and attract both local and tourist customers.
Location
This business is currently located in Cornwall (can be relocated).
Premises
N/A, Relocatable.
Tenure
This opportunity is being sold on a business-only basis.
Hours
Due to the nature of the business they operate on an appointment basis.
Staff
The business is run and managed by our client.
Financial Profile
This business has generated a turnover of £20,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
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.'.
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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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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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