Disability Transport Business In Ipswich Established 20 Years For Sale

Business description

Disability Transport Business established for 20 years in the Ipswich, Suffolk area. Currently operating during office hours, Monday to Friday only, this opportunity would suit an ambitious couple or owner manager. Licensed but not currently active in the Private Hire Sector, the current business would provide a good platform for expansion. Accounts available to April 2008 showing sales of £175K, Owner and Manager salaries of £60K and net profit of £23K. Price £75K plus sav [vehicles] £50K. Terms negotiable for quick sale.

Property information

Location:

Ipswich, Suffolk. Relocatable and can be operated from our existing office, an alternative location, or from home, subject to planning consent.

Other information

Expansion potential:

Although licensed for Taxi / Private Hire, current undertakings are long standing commercial arrangements and largely inflation-proof. There is significant potential for developing into the public sector with individual and group bookings, and the additional benefit of extending the operation to include evenings and weekends if desired.

Competition / Market:

The Taxi and Private Hire market is competitive but the opportunity exists for further expansion in the specialised area of transport provision for people with disabilities. The business has a strong commercial reputation and is well placed for expansion, particularly in the public sector.

Support & training:

A local knowledge, general management and IT / keyboard skills are necessary. Training is sourced locally and our knowledge and experience would be made readily available to the new owners. We are a family buisiness and enjoy a good team spirit and suffer very low staff turnover. New owner[s] would initially be expected to keep on existing staff which in turn would benefit the business through continuity until the new owners are establsihed.

Reasons for selling:

A change of direction and ill health of partner. The business needs to develop and requires the energy and commitment of a new leader, in return for which the business will provide a good income and lifestyle.

Trading hours:

Office Hours, Monday-Friday

Furniture / Fixtures value:

£5,000 (included in the asking price)

Inventory / Stock value:

£50,000