| | Coach And Taxi Company In South Wales For Sale | | Seller ref: 1369
Advert ID: 906730 | | | South Wales, United Kingdom | |  | | Financials | |  | | Asking price: | £995,000 | | Sales revenue: | £75,000 |
| | | | Business description | | | Preferred Commercial is delighted to offer for sale this busy taxi and coach company, which was established in 1997 and is now being placed on the market due to our client's wish to retire. The business boasts several desirable long term contracts and has been inspected and vetted by a national coach company with a view to being offered a contract in the near future. The business currently achieves a turnover in the region of £750,000 per annum with a gross profit of 31%. There is huge scope to increase turnover further by expanding into local bus services and offering leased taxis. Our client advises us that he is prepared to stay on in a management role, should a new owner wish. We feel this represents an ideal opportunity for a new owner to purchase an established and profitable business, ready to be taken to the next level. Early discussions, in confidence, with Preferred Commercial must come highly recommended. |
| | | General information | | | Trading hours: | 24 hours a day, 7 days a week |
| | | Property | | | Leasehold | | Lease terms: Leasehold
Original length: 15 years
Remaining: 6 years
Review: every 5 years
Rent: £23,000 per annum |
| | | Location | | | This taxi and coach company is based in South Wales and boasts excellent access to the motorway system. The company occupies a substantial yard with service and repair facilities. |
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