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Well Established Bristol Taxi Company For Sale
Seller ref: GP156
Advert ID: 888846
Bristol, Avon, United Kingdom
Financials
Asking price:£100,000
Sales revenue:£180,000
Business description
This company is one of the most well established taxi firms in the Bristol region with over forty years training to its name. The present owner bought the business circa nine years ago since when it has consistently grown to its present size generating in the region of £3500 per week.

The business has five cars of its own plus in excess of thirty self employed owner drivers all of whom are CBU checked and who operate under the companies strict code of practice.

Equipment:

The company has invested in Autocab Software.

Customer Service:

The business has a reputation for helpful and professional staff which las lead to it being the preferred private hire business in the area.

Key Strengths:

Well established
Financially sound
Excellent location
No competition in the immediate area
Quality staff

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.

Accounting information will be made available on request and subject to the prerequisite letters of confidentiality being signed and in place. The company has a turnover in the region of £180,000.
General information
Employees:One owner Five part time office staff One employed driver
Property
Leasehold
Location
The business trades from main road premises that are available to lease or purchase. An Energy performance Certificate has been commissioned.
Expansion potential
This business has sufficient demand for its services to grow significantly. The owner has only retained the business to its present size for ease of operation.
Competition / Market
The business is very active in maintaining market awareness. It has delivered over one hundred and fifty thousand business cards many of which have been distributed door to door. It also advertises in the Yellow Pages and on free websites.
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 owner has decide to spend the next few years in property development and as such has decided to sell the business to give him both time and capital to achieve this ambition.
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