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| Financials |
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| Asking price: | £395,000 | | Sales revenue: | £200,000 |
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| Business description |
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This business was established in 2002 and grew from a demand in the market place for a top quality stretched limousine hire company. The business has established itself as one of the very best in the country and runs a range of immaculately presented and fairly unique vehicles.
It specializes in providing transport for weddings, funerals, school and college proms, race days, stag and hen nights and airport transfers. These are not the average stretched limos.
They are imported from the States and are all top of the range, professionally converted vehicles appointed to the highest level and fastidiously maintained by the owner to ensure that every client receives the best possible level of service. Such is the attention to detail that every car is valeted regularly throughout the period of hire so passengers returning to the vehicle will always find it in top-flight condition. All vehicles are licensed to permit the consumption of alcohol and a bottle of champagne is provided free with every booking.
The business also meets the requirements of the corporate sector by providing a Bentley Arnage Red Label for executive transport and those customers who aren’t transporting large parties. There is also a Lamborghini Gallardo for clients who prefer a more exotic mode of private hire.
The business is a member of the National Limousine and Chauffeur Association and has specific and strictly adhered to terms of trade that have given it good financial stability. A non-refundable fifty percent deposit is taken at the point of booking with the balance being paid twenty-one days before the actual hire. While the company offers national coverage the core business is based in the Gloucestershire, Wiltshire and Avon area. Drivers are selected for their interpersonal skills and appearance with all chauffeurs wearing business suits during operational hours.
Equipment:
Two Chrysler 300 stretched Limousines licenced to carry eight people.
One Hummer H3 licenced to carry twelve people (PSV Licence required)
One Ford F650 licenced to carry sixteen people (PSV Licence required)
One Bentley Arnage Red Label
One Lamborghini Gallardo
Key Strengths:
Well established and with a reputation for reliability, service and providing industry leading vehicles.
Financially sound with good forward bookings.
Excellent website
Controlled overheads
Great reputation |
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| General information |
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| Years established: | 2002 | | Employees: | Two directors Five carefully selected self-employed drivers Five reserve drivers | | Relocatable: | This business can be relocated. |
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| Property |
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| Location |
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| The business is relocatable |
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| Expansion potential |
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| This business could easily fully utilise additional Bentleys. The demand for quality minibuses is high and the company cannot presently cope with the demands of the wedding industry. |
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| Competition / Market |
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| The company advertises in the Yellow Pages and on Yell.com. It also has a fully optimised web site |
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| Support & training |
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| There will be a full and seamless handover the purchaser for a period to be agreed as part of the sales negotiations. |
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| Reasons for selling |
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| Having dedicated themselves to the business for six years the directors wish to take some time out to consider other commercial opportunities |
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