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Taxi and Minibus Business in Lincolnshire

Price:
Leasehold - £369,950
Turnover:
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Seller Ref:
1785
Location:

Lincolnshire , Spalding

Business Type:

Motor & Transport Businesses for Sale

See Other:
Coach/bus/taxi hire businesses for sale in Lincolnshire
Motor & transport businesses for sale for sale in Lincolnshire
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving taxi and minibus business, which has been in our clients' hands since 2005 and which is only now being placed on the market due to their wish to retire. Since our clients took over the business they have seen year on year growth. The business operates a fleet of clean and well-maintained vehicles and generates a turnover in the region of £1,000,000 per annum with a gross profit of 68%. Since our clients took over the business they have introduced a fresh approach to the taxi business with light and airy offices, a clean and well-maintained fleet with courteous staff and all drivers CRB checked. They have also introduced a completely computerised system at a cost of approximately £30,000, which automates bookings and tracks the vehicles. Our clients offer a children and OAP safe card scheme, with user accounts, and the child or elderly person given a safe card, which allows them to travel by taxi and the account holder is then billed. The office holds contact and address details for the card holder and priority is given to these clients, allowing relatives the peace of mind that their loved ones will be delivered safely home. The company also offers tailor made excursions. The business holds an operating licence to run 5 16-seater vehicles, the only company in the area to hold such a licence. Smart Cabs is the largest operator in the area and is the preferred choice for government awarded contracts. We feel this represents a unique opportunity to acquire a thriving and innovative private hire company, which boasts an excellent reputation. Early discussions with Preferred Commercial must come highly recommended.
Location Details:
Smart Cabs is ideally located on the busy Westlode Street, just off the town centre of Spalding in Lincolnshire. The business occupies spacious and modern premises with prominent branding. Westlode Street is surrounded by a popular retail and leisure area. Spalding is a traditional Georgian market town, which relies heavily on taxi transport. Spalding is a vibrant town, which boasts over 270 shops and businesses with a good mixture of national and independent outlets. The town was listed by The Times as one of the best places in the country in which to live. Spalding lies approximately 19 miles north of Peterborough and 14 miles south west of Boston.
Lease Terms:
Leasehold Original length: 10 years Remaining: 7 years Rent: £10,000 per annum
Trading Hours:
Office Mon - Thurs: 6.30am - 10.30pm Fri: 6.30am - 12.00am Sat: 7.30am - 2.00am Sun: 8.00am -
Accommodation:
Spacious office set within a parade of shops and businesses with a wide and prominent frontage. Briefly comprising: Ground Floor • Main entrance to bright and airy office with various desks, chairs and computerised Auto-Cab and tracker system • Rear office with 2 x desks, chairs and computers • WC with wash basin • Kitchen with a range of fitted wall and base units • Store room • Workshop with supplies of cleaning materials and items for services and repairs i.e. windscreen wiper blades and child booster seats External • Large yard to rear, which can accommodate all vehicles as necessary
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Business Documents:
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