Summary
- Asking price:
-
£450,000
- Sales revenue:
- £120,000
- Net profit:
- Available on request
- Employees:
- The business has 3 full time and 2 part time drivers in addition to the 2 vendors and all drivers work on 40% payment basis on turnover.
Business description
Advent Business Sales have been instructed to offer for sale this well established and successfully taxi business, which has been trading since 2001 under the current vendor.
Due to retirement plans, this ready made and profitable business is reluctantly offered for sale.
Our client services all local areas but the main stay of business comes from regular contract work with Nottinghamshire County Council in providing services for Social Services, hospitals, schools, nursing homes and for clients with special needs.
All vehicles have passed the necessary approval tests and have Hackney plates/licences.
The vehicles include:
? 2 x Volkswagon Passat 04 plate
? 1 x Long wheel base transporter 56 plate
? 1 x 7 seater 06 plate
The business operates from home and the premises are licensed for four vehicles.
Advertising has increased turnover with regular mentions on the local radio, as well as regular advertisements in the local paper in addition to the Thompsons local.
REF NO: 8830 NN
Property information
- Property:
- Freehold
- Lease terms:
- TENURE: Freehold
We are advised that the annual business rates are currently: £1300
- Living accommodation:
- BUSINESS PREMISES
A well presented 3 bedroomed detached bungalow, which is licensed to operate 4 vehicles, double glazed and with the added security of an operational alarm system.
Ground Floor
- Enclosed upvc entrance porch
- Hallway
- ‘L’ shaped lounge 25’6 x 16’4 narrowing 9’10
- Door to kitchen
- ‘L’ shaped 18’2 x 13’5 narrowing to 11’4
- Good range of attractive base and wall units with complimentary work surfaces and tiling, with all necessary plumbing and electrical requirements
- Fully fitted family bathroom
- 2 x double ground floor bedrooms
First Floor
- attic room
External
- The front garden has gravel border enclosed by attractive brickwork and railing
- High iron gates give access to the driveway which leads to the rear office, which is fully equipped with all necessary needs to run a taxi business
- The driveway is fully secured
- The rear garden has a raised patio, lawn and sheds
- Side pedestrian access to the front
- Location:
- Our client is based in the affluent and highly sought after town in Nottinghamshire, which services the surrounding areas.
The property is ideally situated with Newark town centre less than a mile away. There are excellent transport and road links, with the train station only 300 yard away and the busy A1 and A46 road networks only 100 yards away.
Other information
- Expansion potential:
- The potential to grow the business and increase revenue could be achieved by increasing the fleet size as the reputation of the business is second to none in the area and the demand for extra local authority work and airport runs would realise a further growth in turnover.
A superb opportunity to purchase a profitable and reputable business which operates from an immaculate and deceptively spacious detached property within walking distance from Newark town centre.
- Trading hours:
- As and when required
- Financing available:
- Please let us know if you require finance for the purchase of a business.
- Related documents:
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Contact the seller
For more information about this business for sale, click the Contact Seller button.
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