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Well Established Private Hire Mini Cab Office For Sale

Advert ID: 874519
Tooting, London, United Kingdom
Financials
Asking price:£125,000
Furniture / Fixtures value:£1000.00
Business description
This is a rare opportunity to buy a minicab business in this area, as the Local Council will not issue any further planning permission for new mini cab businesses in this vicinity. The Business is sold as a going concern, it was established in the 1970's and the same phone lines have been in place since this date. It is PCO Licensed and it has a very large and profitable customer base. It resides in a very busy main street in South London with Public Transport Tube and Bus Services close by, bringing alot of passing trade. Location and the number of years trading in this position are the main strenghths of this business. It comes with 16 Drivers, and a Freephone facility in the Local Iceland branch which brings a lot of business, this business could only benefit from further Account work and Contracts.
General information
Years established:33 years
Employees:18
Trading hours:24 hours, 7 days a week
Location
Situated in a very busy main street in South London
Expansion potential
It can be expanded with more Contract work and more Drivers
Competition / Market
No problematic competition as the business has alot of work through the phone lines as well as passing trade
Support & training
Support can be given
Reasons for selling
Owner looking to re-locate area
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