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Preferred Commercial is delighted to offer for sale this popular van and truck hire business, which was established by our client in 1962 and which is only now being placed on the market due to our client's wish to retire. The business offers coach, van and truck hire for airport runs and weddings etc, as well as self-drive hire. All the vehicles are recent models and have been well maintained. The business has an enviable reputation in the area and benefits from much repeat trade. Colliers Car & Van Hire generates a turnover in the region of £189,000 per annum with a gross profit of 65%. A new owner could increase turnover by perhaps, embarking on an advertising campaign and further developing the web site. Our client operates 3 minibuses, which are not included in the sale but could be available by separate negotiation. We also believe there is a demand for organised day trips in the area. At present our client does not operate any car hire, offering a new owner the opportunity to introduce this. We feel this is an ideal opportunity to acquire such a well-established and respected vehicle hire business with scope for further growth. Early discussions with Preferred Commercial must come highly recommended.
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