FOR SALE
635943
B08981 / Rightbiz
The business is based in the historic seaside town of Hastings, East Sussex – a popular destination known for its vibrant community, coastal charm, and steady year-round population. Hastings offers a blend of urban convenience and tourist appeal, making it an ideal location for a private hire taxi firm.
The firm benefits from consistent demand across the town and surrounding areas, including St Leonards, Ore, and the nearby villages. Local transport needs are driven by residents, commuters, tourists, and visitors to the many attractions such as Hastings Old Town, the pier, and regional events.
With strong local infrastructure and regular rail links to London and Brighton, Hastings provides a solid foundation for taxi operations, offering both regular local journeys and longer-distance fares. There is further opportunity for growth by tapping into contracts with local schools, care homes, and hospitality businesses.
Premises
The business operates from a well-maintained and clearly signed office space, ideally suited for managing a busy taxi operation. Located in a convenient part of Hastings, the premises are easily accessible for both staff and drivers, with nearby parking and good local transport links.
The office serves as a central hub for the switchboard and dispatch operations, offering a professional and organised environment for handling bookings and coordinating drivers. It is fully equipped to support day-to-day operations, including space for administrative tasks and communications equipment.
Additionally, the premises include a comfortable area where drivers can relax between jobs, check schedules, or grab a break. This added convenience fosters a positive working atmosphere and supports smooth coordination throughout the day.
Tenure
The premises are held on a leasehold basis with approximately 6 years remaining on the lease and a current rent of £7,100 per annum
Hours
Run to Suit
Staff
Staffed by a team of self-employed drivers who manage their own schedules and contribute a regular income to the business.
Financial Profile
We are advised the business generates an annual turnover of approximately £300,000.
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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