Description Taxi, Transport and Private Hire Company for sale. Long term contracts in place.
Ref.GP208
Location South Lakes, Cumbria
Asking Price œ 165,000
This successful and highly respected family owned and run business has been providing Mini Bus, Hackney Carriage, Taxi, Private Hire and other Transport services in the region for some 25 years, and enjoys the benefits from being the key supplier for many highly desirable transport contracts in the region. The company has always been noted for its high quality and standards of service and has a fleet of well-maintained cars and mini buses, all of which are sign-written, some of which have wheelchair access.
The business is located in offices in an ideal position to service the Town and beyond. Business levels have been consistent over the last few years of trading and the company enjoys very strong brand image in its area of operation, as you would expect from a company of this maturity. Approximately 50% of current revenues are generated via highly sort after contract work. The company has contracts with organisations within both the public (schools, social services, council etc.) and private sector as well as a very loyal customer base within the general public. Many of its contracts have in excess of 2 years to run which gives the business consistent levels of turnover on a day to day basis.
The business also benefits from being located in a very picturesque destination in the South Lakes and enjoys healthy levels of business providing transportation services for excursions, baggage/equipment collection and drop-off etc. from the many many tourists, walkers and outdoor activity visitors that regularly frequent the area.
This opportunity will appeal to a wide variety of investors including other companies operating in the same business and perhaps seek regional representation along with ready made turnover, highly prized contracts and profits.
