London Taxi Operator Service And Repair For Sale

Business description

Established: For 20 years

Location: North London

Activity: The business owns a fleet of London Taxis which it leases to drivers on a fully serviced and maintained basis, and also undertakes service, repair and maintenance work for independent owners of London Taxis (both individual and fleet owned).

Trading area: Greater London.

Client base: Mix of longstanding repeat clients (in both the leasing and service/repair sides of the business) based throughout Greater London.

Staff: The business has a total labour pool of 7, comprising the managing director, general manager, 3 mechanics/fitters, a body shop fitter, and a general assistant.

Structure: Company with one shareholder.

Premises: Our client operates from a single storey industrial unit located within an industrial estate in North London. The premises comprise of a main workshop, a body shop, and office space (totaling approximately 4,000 sq ft). Premises are available by separate negotiations.

Opportunity: To acquire a well established Company with a longstanding and loyal customer base, which provides an opportunity for a new owner to build on its current position and take the business forward, either through investment, or as a bolt on to a related business.The business has come to the market as a result of the decision by the shareholders to retire.

Year End 2009 Turnover c.£280,000