| | High End Chauffereuring And VIP Business For Sale | | Seller ref: 0182
Advert ID: 865742 | | | City of London, London, United Kingdom | |  | | Financials | |  | | Asking price: | £999,950 | | Sales revenue: | £600,000 | | Net profit: | £170,000 |
| | | | Business description | | This “high end” Chauffeuring business has been established for over eight years and has performed
consistently well and continues to grow comfortably. The business has gained a superb reputation and
deals with a large number of “blue chip” enterprises on a daily basis.
This business provides an ongoing Corporate car service for Clients who need to travel efficiently on a
frequent basis.
The business operates primarily in the top end corporate sector with some major and sought after
accounts. Whether it’s for a meeting in a busy city, the necessity to get to or be picked up from a UK
airport, an entertaining evening out, – for the Executives of its Clients or their Clients and customers in
turn, this company is at the forefront of its sector.
LOCATION
The business operates from a London business address, and the majority of its clients are moved across
the city from airports to offices etc. There is tremendous potential to develop its existing London client
base as well as to expand into other geographical locations.
THE BUSINESS
The business is well briefed to deal with a significant number of clients, and has an excellent staff base.
The business has 3 full time employees, and over 20 sub contracted highly professional drivers that can
be called on as and when necessary.
Having the staff on a pay as you go basis gives the company a huge amount of flexibility that its
competitors do not have. Whilst sub contracting, the business may benefit from, and become more
profitable with a permanent and salaried staff base.
All current and ongoing staff are well briefed as to the high standards expected and have been fully
vetted to ensure they uphold the outstanding values this company strives for.
With turnover consistently in the region of £600,000 generating net profits of over £170,000 and an
adjusted net profit of over £200,000, this is an excellent acquisition opportunity and should appeal to
anyone looking to establish a foothold in the Corporate car market and in particular to an existing
operator looking to expand their geographical coverage towards the south east and London region.
STRENGTHS
The business is superbly run and has a tremendous reputation. Dealing with a variety of high end clients
it offers an unbeatable service and is well known for its expansive fleet, reliability and efficiency.
The business has retained a large number of corporate clients, many of whom have been with the
company since its incorporation 8 years ago.
The current owner runs the business successfully however does not push the business to anywhere near
its true potential.
Without any true Internet presence or pro active marketing ever being undertaken, this business would
greatly benefit from a very well designed, easy to navigate and informative website to increase
awareness of its range of services.
There is an excellent prospect to build on the current services and customer base of this company. With
a strong demand for services combined with a capacity to increase turnover, a new owner contributing
new innovative thinking and possibly a capital investment in resources will have every advantage of
building on an exceptional platform. It is thought that the business would be an ideal acquisition for any
competitor who can take advantage of cost synergies and sales synergies by combining technologies and
staffing levels to create an even more robust and efficient company.
This business brief is highly confidential and acts only as a brief memorandum. If you wish to discuss this
business in detail or to discover more about this superb opportunity please contact Intelligent
Corporate Ltd.
Viewing & Confidentiality
All arrangements to view are strictly by appointment through the offices of Intelligent Business Transfer
and no approaches whatsoever should be made to the owner of the business. For an appointment to
view or for more information please telephone.
Misrepresentation Act 1967
Intelligent Business Transfer for itself and the Vendor (s) or lessor (s) of this property/business whose
agent it is give notice that;
1.These particulars do not constitute any part of an offer or contract.
2. None of the statements contained herein as to the property or business are to be relied upon as
statement or representation of fact.
3. Any intending purchasers must satisfy themselves by inspection or otherwise as to the correctness of
each of the statements contained in these particulars.
4.The vendor(s) or lessor(s) do not make or give and neither Intelligent Business Transfer Limited nor any
person in it employment has any authority to make or give any representation or warranty whatsoever in
relation to the property.
5. None of the buildings services or service installation (where specific responsibility of the
freeholder/business owner lessor or lessee) have been tested and are not warranted to be in safe
working order.
Finance Act 1989
Unless otherwise stated all prices and rents quoted (where applicable) are exclusive of VAT.
Property Misdescriptions Act 1991
Every reasonable effort has been made by Intelligent Business Transfer Limited to ensure accuracy.
Interested parties are strongly recommended and advised to take appropriate steps to verify by
independent inspection or enquiry all information for themselves and to take the appropriate professional
advice. |
| | | General information | | | | | Property | | | | | | |
| |
|
