Chauffeur Businesses for sale in Denbighshire

View the "North Wales Private Hire Taxi Service" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Asking price: £89,000 Annual Turnover: £139,000
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Business Description
A unique Private Hire Business based in Denbighshire with secure contract work. This is a long standing Private Hire business based in Denbighshire. The business has 4 Diesel vehicles that cover regular contract work which amounts to 80% of annual sales. That said, a large proportion of the work is sub- contracted to other drivers which otherwise would boost annual turnover to £300k+ per annum.

The vehicles are well maintained and regularly serviced and meet all the Local Authority requirements including DVLA testing procedures.
The business operates from a home base using a Denbighshire telephone number which does not conflict with local Ruthin competitors.
80% of the business comes from long term secure contracts with the Local Authority, and several other Private businesses including Care Homes, Housing Associations.

This is a unique business sale in that turnover is more than the asking price with a very profitable gross margin - in fact this equates to only 3 times net profits allowing for add backs
Trading Hours:
Monday to Thursday: 7.45 am to 11 pm Friday: 7.45 am to 2 am Saturday: 9.00 am to 2.30 am Sunday: By Appointment only

Location Details: Ruthin, Denbighshire, North Wales

Is this business relocatable: Yes

Is this business home based: Yes

Listed by: Arrow Business Sales

Find out more about this business opportunity.

 
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MS479
Seller Reference:
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