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Chauffeur Services Company For Sale
Seller ref: AO035
Advert ID: 753856
Cotswolds, United Kingdom
Financials
Asking price:£45,000
Sales revenue:£125,000
Business description
This company was established in 1998 and initially serviced the requirements of visiting tourists from the United States. Subsequently it has diversified into the corporate and hospitality sectors and also enjoys an excellent working relationship with the county council. The operation has one schools contract.DELETE

The majority of its work consists of airport runs and so it would be feasible to relocate the business in towards London and still maintain the same level of activity. The business has an excellent relationship with local hotels and is well known for the quality of its conference and wedding day transport services.

The owner has built up a team of ten owner-drivers who between them provide a range of vehicles suitable for all occasions. They have been carefully selected for their interpersonal skills, appearance and professional attitude. All drivers have to conform to a dress code and vehicles must be immaculate at all times.


Equipment: DELETE

One Optimo sixteen seater
One LDV minibus
One Citroen C6


Key Strengths:

Excellent client base
Consistent workload
Superb reputation
Quality vehicles
Reliable drivers

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. The company has an annual turnover of circa £125,000 with gross profits being in the region of £50,000. Full accounts will be made available by the owner of the business.
General information
Years established:1998
Employees:There are only two employees, one being the proprietor.DELETE
Relocatable:This business can be relocated.
Property
Leasehold
Location
The business is operated from a home office and would need to be relocated.
Expansion potential
The business has been maintained to a size that suits the requirements of the existing proprietor. This has been achieved with little or no marketing. The business is always turning away work and it would be a relatively easy project to increase the volumes of revenue by taking on more drivers, consistently advertising and developing the spot hire market.
Competition / Market
The business does have a website.
Support & training
There will be a full and professional handover for a period to be agreed as part of the sales negotiations
Reasons for selling
The proprietor has decided to take semi retirement and consider projects that are less time consuming.
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