Intelligent Business Transfer are pleased to offer for sale this well-established Private Hire taxi company based on the Isle of Wight. With a great reputation, vehicles included in the sale and some good contract work, this company offers to be a very profitable opportunity under the right management.
The business is likely to appeal to someone already within this industry, with the appropriate licences, keen to start working with a good base of business clients and several decent vehicles. It may also appeal to another taxi company, wanting to expand into this part of the Island.
There is huge potential for development and expansion with a little extra input. Employing someone to pursue business with potential clients, particularly large accounts would be very beneficial. More sub-contractors could be found, or the new owner may consider employing other full time drivers.
The company could expand to cover the whole island, or to offer different types and sizes of vehicles, such as luxury vehicles. It would also be valuable to invest in advertising, such as leaflet dropping, magazine advertising, or local radio as well as developing the website further and creating a social media presence.
The current owner is willing to stay on if required, to help ease the transition to new management.
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