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Preferred Commercial is pleased to offer for sale this private hire taxi business, which was established by our client in 1995 and is only now being placed on the market due to our client's wish to retire. The business trades 7-days per week and generates a turnover in the region of £25,000 per annum with a gross profit of 72%, derived from specialising in airport transfers, taxi hire and school taxi. The business is licensed with the local authority to carry school runs but this service is currently not used, and we feel that there is huge potential to increase turnover by utilising this service. The taxi business may also benefit from embarking on a modest marketing campaign and by perhaps introducing a website. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The business includes 2 hire vehicles comprising of a 2004 Ford Mondeo and 2001 Volkswagen Caravelle. We feel this represents an ideal opportunity to acquire a thriving and individual business with immense scope for future growth. Early discussion with Preferred Commercial must come highly recommended.
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