Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Business For Sale. High Profile Chauffeur Driven Limousine Hire Company

LISTING DETAILS
Firms For Sale ID:
24801
Vendor reference:
GP185
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£250,000  
Turnover / revenue:
£300,000
Net profit / cashflow:
Undisclosed
Years established:
5
Trading hours:
Generally the business is operated Monday – Friday: 8:30 am – 5:00 pm, with phone calls received and answered 24-7.
Number of employees:
5

OTHER DETAILS
Reason for selling:
After many successful years building the business, the vendors are looking to go in separate business directions.
Support and training:
The vendors are agreeable to a handover period allowing for a smooth transition of business operations to new ownership, and may consider a longer term consultancy should that be of interest to all parties concerned.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is fully re-locatable from the current premises which are on a flexible lease with 3 months notice, and occupy around 200 sq ft. The company has been operating from this base since inception, and covers the rent and rates via an arrangement with the adjoining Hotel.
 
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BUSINESS DESCRIPTION
High Profile Chauffeur Driven Limousine Hire Company

Ref.GP185
Location Central London
Asking Price £ 250,000

This well respected chauffer driven limousine hire business was established by the vendors after winning an exceptional contract, to supply a security conscious international aerospace company looking for a discrete and professional business capable of driving their senior executives around London and the UK. This contract was initially won in the main-part due to the vendors background in private security driving after a military career. From this base, the business focused on the Private Jet-hire and Aerospace sectors, supplying the finest vehicles on the market, with knowledgeable and professional drivers to a discerning clientele. They have some long-standing relations with international customers, and like the very first corporate account, those customers once won, remain loyal. The vendors are proud to say that in 5 years of operation they have not lost a contract.

The business has taken regular advertising in the private aviation press, and attended aviation events worldwide, to network and cement relations with potential customers and those who refer clients on to them. This market focus has resulted in the company joining the industry bodies who organize events such as the National Business Aviation Association and the British Business and General Aviation Association. The company has full P.C.O. accreditation, but has received an exception so that the P.C.O. taxi badge is not required to be displayed on vehicles.

An excellent reputation has been formed with High Net Worth Individuals and corporate customers who need a secure and discrete approach at every stage of their travel. The company is now at the top of the list for Personal Assistants worldwide who are organising itineraries on behalf of others.

The business is operated close to a major London Hotel. This allows for an operation with low overheads, which is visible to customers and enjoys some hotel car hire bookings. Alongside the owners of the business who handle all business operations, the company now has a team of sub-contracted drivers who work for the company exclusively, and keep the company vehicles at their private address for flexible response. This arrangement keeps overheads low, margins high and allows for a flexible cost base dependent on work-loads. The drivers are all very well qualified, professional and long-serving. This has meant that they are sometimes specified by key customers, which allows for the easy transfer of the business to new owners, with a continuity of service remaining for clients.

Expansion Potential
With such a strong footing with security focused corporate clients in the aviation industry, the business will immediately appeal to other similarly security conscious, high-profile clients such as Banks, Industrial multi-nationals and others who employ visible VIP’s. There is also every opportunity through further marketing to appeal to some of the other thousands of high-net worth individuals visiting and living in one of the most affluent areas of one of the richest cities of the world. The other private bookings could be increased with additional targeted marketing, and again the security profile of the company may appeal to the Public sector.