Private hire taxi business in Harrow London with 20 years of operation available for sale
Harrow, London
- Status
FOR SALE
- Advert ID
646647
- Asking Price: £48,000
- Turnover: £360,000 (£6,923 per week)
- Profit: £78,000 (22% Profit margin)
Key Features
- Established local network connections
- Established local reputation
- Established taxi service business
- Established operational history
Business Details
Private hire operator business taxi mini cab
With an impressive track record spanning 20 years, this private hire operator has established a strong reputation in the Harrow and London areas. Renowned for its excellent customer service and market presence, the business benefits from both a prominent physical location near a busy train station and a robust online presence. These aspects collectively contribute to its sustained success and reliability within the community.
The company operates across the entire United Kingdom, ensuring that it meets the diverse needs of its customers. Client satisfaction is paramount, and the business prides itself on achieving a 100% satisfaction rate among its customers. This commitment has not only led to exceptional profit margins but also significant turnover, making it a lucrative investment opportunity.
There is immense potential for further growth in both turnover and profitability, particularly if the business falls into the right hands. With a solid foundation in place, a new owner with a vision for expansion could harness existing strengths and take the company to new heights.
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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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