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Turner Butler Business Broker

1/1Turner Butler Business Broker




Established some 8 years ago, this business provides a uniformed chauffeur driven car hire service for all occasions. The core of the business is targeted towards weddings but the business also caters for prom nights and other special occasions. The business prides itself on offering a friendly, reliable and courteous service each and every time and as such has built up a tremendous reputation within the industry.

The business provides a tailored chauffeur driven service for wedding parties offering a variety of high quality vintage and modern vehicles to match all tastes for wedding locations throughout the North West and Midlands.

The company delivers a professional service based on the philosophy that the most important person on your wedding day is you. The collection of wedding cars includes stretch limousines as well as 1930s style classics, ensuring clients get to the church on time and in style.

Equipment:

The business is being offered for sale to include the following fleet of well maintained vehicles. All cars are in first class condition and garaged.

2 off 1930’s style Beaufords
1 off 1930’s style Regent
1 off Mercedes Stretch Limousine

Market value of fleet is circa £76 ,000

Customer Service:

The business fully understands the importance of the role it plays in the successful planning and organisation of a couple’s wedding day and all staff are fully committed to ensuring it runs as smoothly as possible. Because of the nature of its work customer service is at the centre of everything the business does. The business has received superb testimonials from satisfied clients over the years and continues to receive them today. The level of service is further demonstrated by the very high levels of repeat business and referrals the business enjoys from family and friends of previous clients.

Key Strengths:

This is a high quality business. The company utilises a superb fleet of vehicles which are always immaculately presented, and are washed and waxed by hand. Much new business is generated through referrals and direct ‘word of mouth’ recommendation further fuelling its already impressive reputation. Because of this the business enjoys a very healthy order book and is usually booked up a year in advance.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for last financial year was circa £44,000. The business has very low overheads and enjoys healthy profit margins a healthy future order book. The fleet of vehicles are in superb condition and has a value of circa £76,000. All vehicles are included within the sales price.



Location:
There are no premises associated with the sale of this business and as such the business is truly relocatable.

Expansion potential:
To date the company has developed a small amount of non wedding business and this could be significantly increased with more sales and marketing activity within the “special occasions” market place. A new owner with new ideas and initiatives could easily increase sales within the weddings and special occasion market. At present the business tends to be seasonal but there is no reason why business could be developed throughout the calendar year. The company could use its outstanding reputation to drive corporate sales growth with the acquisition of a number of executive vehicles. This would have the added benefit of being non-seasonal in nature.
Competition / Market:
The business advertises in the major bridal magazines throughout Cheshire and Staffordshire as well as having an informative website. It also has links with several hotels which generate bookings. Additional marketing activity would certainly increase the exposure of the company.
Reasons for selling:
The vendor has other business interests they wish to pursue and cannot give the business the time it deserves to fully develop.
Trading hours:
As required. The business is seasonal at present(circa 5 months per annum).
Employees:
This is a family run business. The vendor maintains the vehicles as well as chauffeuring and his wife looks after the booking and administrative side of things on a part time basis. The business utilises a pool of 5 experienced drivers it can call upon as and when required.
Support & training:
The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new owners.
Relocatable:
This business can be relocated.


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