Taxi Business Isle Of Man For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this thriving taxi business based on the Isle of Man. Island Taxis is currently operated from our client's home in Kirk Michael, and is fully relocatable within the area. The business has 7 'Apply for Hire' licences and 3 'Private Hire' licences. The business currently generates a turnover in the region of £200,000 per annum achieving a 20% net profit. In addition, it also has a private hire minibus. Island Taxis must be one of the most suitable company names for all island trading, and also has the registered name 'Call a Cab', if required for subsequent use. The business has a large number of enviable contracts within the major airlines, travel businesses, large corporations and the patient transfer service. It operates 8 vehicles, all of which are under 3 years old, at any one time. Our client also has a Digitax Taximeter franchise, which is to supply, install and maintain all Digitax units on the island. This is a particularly attractive acquisition, as from 2006, business income tax on the Isle of Man is zero rated.

Property information

Lease terms:

Business Only

Living accommodation:

This business is to be relocated

Location:

Island Taxis is a home based business currently situated within the popular village of Kirk Michael, on the western side of the Isle of Man. This is an exceptionally desirable residential area, surrounded by outstanding countryside and award winning sandy beaches. It is an ideal mid-point on the island with easy access to the airports of Douglas and Ramsey and Ronaldsway. The Isle of Man has excellent health care services, high educational standards, efficient transport and communication systems, as well as a buoyant economy, political stability and traditional independence.

Other information

Trading hours:

All year round as required.

Contact the seller