Businesses For Sale > Business For Sale in South Wales, UNITED KINGDOM - UK (UK)
GP223-South Wales-£80,000-Taxi & Private Hire Company for sale in South Wales, UK
South Wales, UNITED KINGDOM - UK (UK)
Asking Price: |
Gross: |
Cash Flow: |
£ 80,000 |
£ 95,000 |
£ 50,000 |
Business Summary:
Taxi & Private Hire CompanySuccessful trading since 1986Ref. GP223Location : South Wales Asking price: £80,000 inc assets This very well established taxi and private hire business was established by two long time friends in 1986 as a way of “keeping busy” and quickly became a significant business in an area where private hire had not been prevalent.Since the start of trading the business found itself to be popular and at its peak was much larger than its current size, which is relative to the age and interests of the vendors rather than any other economic or commercial factors. It is believed by the vendors that the business could double its income and profits by simply doubling the number of vehicles for hire; something they believe strongly should be an opportunity taken upby a new owner.The business operates from the two private homes of the vendors, where once it was managed from commercial premises, and alternates in operations between them according to mood or necessity. This arrangement has proven to be economically sensible and suitable for the vendors as they manage this business today very much in line with their own personal wishes and circumstances.The business is based in the South Wales valleys, close to main trunk roads to Cardiff and West Wales via the Heads of the Valleys link road through the Neath Valley to the M4 near Swansea.The taxi and private hire service is used mainly by local people by requirement to travel conveniently to and from shops, pubs and clubs throughout the area. A less frequent use is made of the service for airport transfers, and vehicles have been known to make transfers t and from Gatwick & Heathrow airports as well as the nearer airports of Cardifff and Bristol.Such services if offered more proactiveley could yield much future growth and opportunity for a new owner, along with the more easily developed increases in trade by the introduction of more vehicle availability.
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Year
Business was Established: 1986 |
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Number of Employees:
03FT |
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Facilities / Terms of Lease:
The business is managed from one of two private homes alternately. |
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Competition:
The business does not engage in any advertising or promotions but is the relied upon service promoted by shops, pubs and clubs in the area. |
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Owner
willing to train:
The owners are happy to train and handover the business to the new owner. |
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Reason for selling:
The owners would like to sell this business on due to retirement. |
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This business is Home Based.
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Seller Reference Number: GP223
BusinessMart.com Listing Number: 220343 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Andrew Hudson
Turner Butler
01895 25 6000
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