Contract & Pre-booked Taxi, Mini Bus and Coach Hire Company
Location : Close Proximity to Dublin
Asking Price : £293,000
Turnover : £237,000
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : £140,000
Premises : Relocatable
Confidentially offered for sale
Turnover for 2014 circa £237,000 (€323,156)
All Assets, (fixed and tangible) approx. £140,000 (€190,000)
Transport operators licence
All Contracts & Customer Details
Private and Corporate work
Contracts with Local Authorities
Huge opportunities for substantial growthBusiness Profile
Established in 2002, this business became limited in 2004 and has a complete business structure in place. This is a family run, professional business that prides itself in exceptional delivery of service. The primary source of business is contract work and pre-booked Taxi and Minibus hire for private clients, corporate/schools and local authorities. There are many more opportunities that can be advertised and tendered for.
The fleet of vehicles has continually grown through the years and now consists of 2x Hackney Cars, 2x Taxi Cars, a Wheelchair taxi, 3 x 14 seater minibus 7 x 16 seater minibuses (3 Minibuses are Wheelchair Accessible) and a 53 seater coach.
The business is well known locally with limited competition and comes with fully trained staff and everything in place. The vehicles are reliable and good quality, driven by professional drivers who put the customer first.
The business provides an acquirer with an ideal bolt on for a company already operating in this Lucrative Passenger Transport sector looking to expand their presence or gain a foothold in the area. Alternatively this is 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 with even further schoolbuilding envisaged in the area and more private school runs to be tendered for.
4 x Taxi / Hackney saloon cars
1 x Wheelchair Accessible Taxi / MPV
10 x Minibuses
1 x 53 seater coach
Coach availability is relatively new to the business and it is envisaged the annual turnover on this will be circa €30,000.
Customer service is the key to any business. Professional in every respect this business provides clients with a reliable service, high quality transport, experienced drivers and competitive pricing. This is demonstrated by the prestigious contracts the business wins and the high levels of repeat business and referrals it enjoys.
The business has the following key attributes:
This is an excellent opportunity to continue to grow the business on the solid foundations that have been laid down by the owner in terms of price, reliability, comfort and safety.
Business has increased to date supported by the on-going improvement in services.
There is potential to continue to grow the business, particularly the coach market. It could also be possible to expand the current contracts to add additional journeys and to market to other schools in the wider area.
This is an excellent opportunity to acquire a busy professional business being sold with all assets including vehicles offering a new buyer a turnkey opportunity coupled with tangible assets from day one.
The demand is there. A new owner could significantly increase the operations and profitability of this business.
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover for 2014 was circa £237,000 ( €323,156, )however this is continually increasing and is envisaged to grow with the addition of the coach transportation.
All Assets, (fixed and tangible) approx. £140,000 ( €190,000.)
The Asking Price of €399,000 is for the assets and goodwill of the business.
The business has never felt the need to aggressively advertise the business preferring to rely on word of mouth recommendations and referrals. The business could hugely benefit from more marketing/advertising and investment in a website could prove to be a valuable addition to the business.
The professional staff include four full time personnel employed in the business (including the owner) with a further twelve drivers employed part time, as required.
Support and training will be provided to ensure continuity of trading .
The owners have created a professional, reliable business that has attracted a loyal customer base and are only looking to sell to concentrate on other business interests.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
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