Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Time to Sell or Time to Buy !

Sold. London Private Hire Taxi Firm T/o Gbp 3.77m-ask Gbp 5.13m

LISTING DETAILS
Firms For Sale ID:
34031
Vendor reference:
GP209
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£5,130,000  
Turnover / revenue:
£3,770,000
Net profit / cashflow:
£1,228,000
Years established:
30

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
London Private Hire Taxi Firm T/O GBP 3.77M-Ask GBP 5.13M
Ref.GP209
Location London
Asking Price GBP 5,130,000
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a private hire mini cab company.

Key strengths:

The business has the following key attributes:

One of Londons largest private hire mini cab companies.
Over thirty years of successful operation.
Private hire, airport transfers, courier services and executive travel.
Four offices in strategic locations across North West London.
450 self-employed, owner-drivers fully trained and licensed with the Public Carriage Office.
Cordic GPRS based Taxi Despatch System operated from centralised Control Room.
Online booking facility plus exclusive IPhone and Android Apps.
Approximately 35% of turnover from Corporate Accounts.
Significant growth and expansion opportunities.

The business provides an acquirer with:

An ideal bolt on for a company already operating in the private hire mini cab looking to expand their presence or gain a foothold in the London area.
An excellent opportunity for an organisation or an individual looking to acquire a well established, very profitable company offering an excellent rate of return on investment and excellent growth and expansion potential.