Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Taxi Vehicle Rental Business In Bristol For Sale

Bristol City Centre, Bristol, UK
Asking Price:
£120,000
Sales Revenue:
£32,500
Cash Flow:
£25,000

A Taxi Vehicle Rental Company operating in Bristol and South Gloucestershire.

Please note: The current owner is NOT a licensed Taxi Driver. owner solely licenses vehicles to rent out to Taxi Drivers!

A turn key investment which will make you money from day 1

Urental established in 2019. The company purchases New Hybrid Vehicles, licenses the vehicles with South Gloucestershire Council and Rents them to Taxi Drivers

A lucrative investment with a very strong customer base and extensive brand awareness and word of mouth. The company benefits from superb agreements with Advertising agencies within the Taxi Industry, as well as amazing relationships with Uber Bristol, Bolt Bristol and Ola. Where we see a huge demand of referrals

The cars are rented for a minimum of 6 months. 9 times out of 10. The driver will extend their contract way beyond their initial agreement.

Cars will rent for £200 per week excluding insurance - the drivers must attain COMPREHENSIVE insurance providing company with Certificate and Schedule. Company is responsible for wear and tear but not issues caused by the driver. For example: Dents, Scratches, Punctured Tyres etc.

Projected Turover: Sept’ 22 - Aug’ 23 £55,000.

We have a written contract which has been modified over the course of 3 years.

We have an excellent relationship with a central Garage who carries out yearly Services, MOT's and Repairs - this garage will invoice us monthly and accommodates us so well.

We have 6 Vehicles in the fleet.

Reason for sale is moving business interests

Marketing wise, we generate extensive amounts of website leads, quite a few leads from our PCO advertising company - we also are allowed as a company to advertise at the licensing offices where we do receive a lot of enquiries. Unfortunately, we receive a mind blowing amount of enquiries compared to the supply we have

So the next owner would benefit from growing the fleet to meet demand.

Over the past 3-4 years, we have never ever experienced a bad driver. They usually continue renting and always always refer us to their friends. Word of mouth amongst URENTAL is significant. A very well known company - who have built a convenient service with superb customer service.

This business is lucrative, extremely self sustaining and super passive.

The vehicles are kept in outstanding condition. With them all being Toyota - they last forever and rarely ever have problems. They are hybrids which generates a huge demand from drivers due to their fuel savings and reliability.

The next owner will see this as an incredible investment. To take this to the next level, it needs investment of even more cars. Everything else is in perfect order and will grow extensively when more cars are added to the fleet.

The operating expenses are minimal, licenses are per year and repairs typically yearly. Theres minimal risk involved.

The new owner will benefit from all cars being rented by the time they take over. I am happy to stay working on the business for 2-3 months to help with a smooth and seamless transition.

Drivers will upload all their proof of addresses, licenses, ID and utility bills.

Property Information

Location:

Bristol & South Gloucestershire

Premises Details:

No premises required

Business Operation

Expansion Potential:

Grow the fleet
Include insurance by offering 'Self Drive Fleet insurance'
Utilise our amazing contracts, agreements and relationships with KEY partners.

Reasons for selling:

I’m moving business interests

Employees:
0
Years established:
2019

Other Information

Support & training:

I will happily stay on this business acting as a consultant through the transition period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Inventory / Stock value:
£81,000
Website:
Login or register to view link
Home based:
This business can be run from home.

Contact Seller

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

  2. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists ASC Finance. They will contact you about financing your business purchase.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business