Private Hire Supplemented With Lucrative Council Contracts

Price:

Other - £69,950

Turnover:

Seller Ref:

1188PE

Location:

Cambridgeshire

Business Type:

Motor & Transport Businesses for Sale

See Other:

Coach/bus/taxi hire businesses for sale in Cambridgeshire
Motor & transport businesses for sale for sale in Cambridgeshire

Description:

THE BUSINESS:

HISTORY

• Established by vendor in 1989 following industry experience
• Steady growth with acquisition of various Local Authority contracts traditionally forming the bulk of work
• Expansion of private hire work in recent years now contributing the majority of turnover
• Drivers very carefully selected with CRB checks
• Fleet now includes 2 people carrier vehicles and one saloon

REASON FOR SALE

• Customer is seeking a change of lifestyle

SERVICES

• Local and national private hire work undertaken
• Contracts for Local Education Authority, Social Services and Boots
• Airport runs

CUSTOMERS

• Local residents and visiting tourists
• Local Authority encompassing Social Services and Schools with 4 contracts currently in place

VEHICLE FLEET

• Fiat Doblo 2006
• Fiat Doblo 2007
• Renault Scenic 2006
• Business has 3 private hire plates

STRENGTHS

• Excellent reputation within Norfolk
• Superb relationship with Council fostered over many successful years
• Carefully selected driver all with CRB checks
• Driver based in local village away from main hub ensuring easier coverage of West Norfolk
• Strong financials with consistent trading pattern
• Significant summer tourist influx
• Superb quality of life in rural Norfolk
• Home run operation benefits from extremely low overheads
• Extremely limited competition locally

SCOPE

• Still further scope with Local Authority work
• Greater focus on airport work
• Expansion of geographical coverage into neighbouring towns
• Advertising and marketing only undertaken to limited extent
• Website development
• Additional working hours and night service

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Trading from vendor’s residential property in a coastal town in North West Norfolk • Excellent location attracting local work and jobs from visiting tourists • Area affords superb rural quality of life • Within 45 minutes’ drive of Norwich International Airport

Lease Terms:

• Run from home

Trading Hours:

• Flexible as demand dictates

Accommodation:

PREMISES • Run from home • One driver lives around 7 miles away allowing excellent geographical coverage