Private Hire Taxi Firm for Sale
Leasehold : £ 300,000
Turnover : £ 14,156 p.w.
his business is located in a large market town within Shropshire. Established for many years, it has an impressive record of consistent growth and is the largest operator in the town.
Contracts provide the majority of the income and this continues to grow. The very limited competition means the vast majority of contacts are renewed on expiry.
Non-contract work is the more traditional private hire business by way of individual bookings.
With limited competition and strong contract work the business represents a ideal expansion opportunity for an existing taxi firm, but the firm foundations, including the latest booking and despatch software, means this would also represent an ideal buy for those new to the trade.
This is a retirement sale.
Property Details: Leasehold
Asking Price: £300,000 (Leasehold)
Turnover: £736,151 Annual
A popular and large market town with good road links to the more rural parts of the county.
Leasehold office with yards and restroom facilities.
The town centre office is rented on a 9 year lease at £420 pcm on an internal repairing lease.
The maintenance facility is located at our client's property. If required they will agree lease terms at a rental of £600pm.
Reason For Selling:
The owners are now ready to retire.