Long Established Taxi Company In Cornwall For Sale

Business description

This thriving and profitable company was founded in the 1960’s and has been in the hands of the present owners since 2003. The business serves a large surrounding rural area with 10 company car drivers and 9 owner drivers, all of whom are NVQ qualified. 80% of the business turnover is by way of contracts with local authorities and account work. Turnover and profits are remarkably consistent over the years and this generates gross profits of 55-60%, with ample scope to grow the business into adjacent areas. There is little local competition and the company’s recognisable telephone number is firmly established. The sale, which is due to the imminent retirement of the owners, presents a rare opportunity to acquire one of the county’s longest established taxi businesses with good profits, reliable drivers and clear scope for growth. Viewing is strongly recommended.

Property information

Property:

Leasehold