BUSINESS DESCRIPTION
Luxury limousine company
Ref. GP216
Location : Berkshire
Asking Price : £500,000
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a private hire limousine company.
Key strengths:
The business has the following key attributes:
Purchase price includes the vehicles
One of Berkshires largest private hire taxi companies.
Proven and successful track record over thirty years of successful operation.
Local private hire, airport transfers and executive travel.
Well known in the local area.
Diverse and long standing Customer base including many multinational blue chip organizations and hotels.
Approximately 60-65% of turnover from Corporate Accounts.
Own fleet of approximately 36 vehicles including S Class and E Class Mercedes, 7 Series BMWs and Mini-buses.
Self-employed drivers including some owner/drivers fully trained and licensed.
Online booking facility plus IPhone and Android Apps.
GPRS based Taxi Dispatch System operated from a centralized Control Room.
Excellent levels of Customer Service.
High Client retention levels.
Exceptional profit margins for the Sector.
Significant growth and expansion opportunities organically and through new client wins.
The business provides an acquirer with:
An ideal bolton for a company already operating in the private hire mini cab looking to expand their presence or gain a foothold in the Berkshire 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.