Taxi Company - Relocatable - New Reduced Price
Business for sale
Asking Price:
£110,000
Turnover:
£120,000
Annual profit:
£50,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale established taxi business.Established 7 years ago by the vendor, it is now reluctantly offered for sale due to the vendor’s other business commitments.
The business includes:
Licences
H 1158 Skoda Octavia VU52 2TH
H 1124 Vauxhall Vectra DV51 KHW
H 1192 Transet Torneo VK04 NJY
H 1154 Rover 200 R202 RW1
H 1151 Renault Master N183 KAH
Also, computer with vehicle tracking – autocab booking system installed and Z radios.
The vendor is willing to assist in a 2 week hand over period, should the new owner wish.
General Information
Employees:The business is staffed by 6 owner drivers, 4 full time and 2 part time. 3 owner drivers pay £70 per week radio money and 10% of fares taken.
Trading hours:24 hours – 7 days per week
Home based: This business can be run from home.
Relocatable: This business can be relocated.
Living accomodation:BUSINESS PREMISES Although the business can be run from home our client has an extension next door to his property which could be used as an office. It includes a kitchen, sink & W/C. Any new owner could rent this out at a monthly rent of £400.
Location:As our client works from home at present, this is fully relocatable within the region.
Expansion potential:There is excellent scope to expand, at present most of the work is school education transport (approx £100,000 per annum) from Worcestershire County Council, if there were more drivers and wheelchair carriers is would increase. There is the possibility of renting the existing office kitchen, toilet etc for £400 per month including all bills.
Employee details
Fulltime staff:
4
Parttime staff:
2
