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For sale in Hull, East Yorkshire is a well-established taxi rental business that boasts a fleet of 25 private hire vehicles, showcasing a variety of ages, styles, conditions, and mileage. This opportunity presents a unique chance to acquire a thriving operation with a strong market presence and considerable income potential.
The business is complemented by a comprehensive fleet insurance policy, known for its exceptional track record and competitive rates. This policy is set to be transferred to the new owner, which further enhances the value of this venture. The vehicles are consistently hired out to a trusted group of long-term drivers, all of whom maintain commendable driving and payment histories, ensuring a stable revenue stream.
This taxi rental enterprise has been operational since 2020, affording the new owner a well-established foundation to build upon. The sale includes all 25 vehicles, with an average of 20 vehicles on hire each week, ensuring immediate business continuity. Additionally, the current owner is willing to provide support during the transition period, ensuring that new owners have the guidance necessary for a seamless handover.
Key Features
The business is strategically located, offering a central position that caters to a wide customer base. Compliance with local regulations and industry standards has been maintained meticulously, fostering a reliable and family-run operational model. Flexible service hours further enhance the appeal, catering to a diverse clientele.
Reasons for the sale are genuine, providing the new owner with the opportunity to continue and expand an already successful enterprise. The fleet is well-maintained, and the business benefits from strong customer contracts and a solid reputation within the market. Moreover, there is significant potential for revenue growth, alongside the scalability of the business operations.
With strong location advantages and a proven operational strategy, this taxi rental business represents a compelling investment opportunity. The combination of a well-maintained fleet, professional drivers, and a robust insurance policy positions this venture for future success.
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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