Taxi Hire for sale in Neath

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Well Established Taxi And Private Hire Business

Neath, West Glamorgan, Wales

  • Price: £35,000
  • Turnover: £145,452
Seller Reference: B05350
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Business Description
 
 
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Seller Reference: B05350
Request Details
Business Description
Business
Please quote reference B05350

Hilton Smythe are pleased to have been given the opportunity to manage the sale of A to Z Cabs Limited which, as the name may suggest is a well-established taxi and private hire company with a renowned reputation amongst residents.

This is a superb opportunity to take on a high turnover local business in an area teeming with customers. A to Z Cabs Limited was founded by the current owner in 2014 and has been a real labour of love for him.

The business is now being sold, albeit reluctantly and with heavy heart only due to other business interests. The vendor is keen to see his beloved taxi company pass to an ambitious and entrepreneurial new level who can take this already thriving business to the next level.

The business has several lucrative council contracts, and these are exclusive until 2021. A to Z Cabs Limited mainly operates within a 10-mile radius and has an impressive number of regular customers, many of whom are known on a first name basis by the owner who is a well-liked and respected member of the local community.

The sale will include the company Facebook page and the business enjoys great visibility on the internet via websites such as www.bdzb.co.uk and 222.192.com. The business telephone number, email and domain name are also included.

Scope to improve


  • Advertising and marketing campaign.

  • Website, ideally with an online booking facility.

  • Maximise the use of social media particularly Facebook and Twitter.

  • Employ more drivers.

  • Canvass local businesses with a view to becoming their preferred supplier.

  • Introduce a couple of 8-seater mini-buses, there is a real demand for this service.


Reasons to Buy


  • A well-established business with an enviable reputation and many existing customers.

  • A real opportunity to increase turnover and profits significantly, the business is currently being run at a pace to suit.

  • Ideal owner managed or partnership business.

  • Current owner happy to offer a handover to ensure the continued success.

  • Includes business stationery and promotional material such as 20,000 business cards, 500 key rings and printed receipt books etc.

  • The sale includes lucrative council contracts than run exclusively until 2021.

  • Valuable (circa £5000) Hackney plate included.


Hilton Smythe highly advise viewing to avoid disappointment.

Location
A to Z Cabs Limited is located within Neath. The business is being sold as a relocatable one and could arguably be run from anywhere, however the sale includes lucrative contracts that are in the Neath area. Neath is a town and community situated in the principal area of Neath Port Talbot with a population of 19,258 in 2011.

The wider urban area, which includes neighbouring settlements, had a population of 50,658 in 2011. Historically in Glamorgan, the town is located on the river of the same name, 7 miles east northeast of Swansea. Neath railway station is on the South Wales Main Line, Great Western Railway and Transport for Wales serve the station with services westbound to Swansea, Carmarthen and the West Wales Line And eastbound to Port Talbot Parkway, Cardiff Central and London Paddington.

Trains also run via Hereford and Shrewsbury to Crewe and Manchester Piccadilly. Neath bus station is at Victoria Gardens, a five-minute walk from the railway station. National Express services call at the railway station.

From Victoria Gardens, First Cymru provides direct inter-urban services to nearby Swansea and Port Talbot in addition to South Wales Transport who provide many similar local services. The A465 skirts the town to the north east and provides a link to the M4.

Premises
A to Z Cabs Limited is being sold as a relocatable business and is easily run from a small or home office. The sale will include a Fiat people carrier.

Tenure
Not Applicable, business is being sold as a relocatable business.

Hours
As required by a new owner.

Staff
The business is run and managed by our client with the help of casual staff when required.

Financial Profile
A to Z Cabs Limited generates an advised current turnover of circa £146,000 as per the 2018 accounts and the business continues to grow at an impressive pace.

Please quote reference B05350

Is this business relocatable:
Yes
Listed by:
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