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Established 1963: Taxi Business for Sale in Lancashire - Great Post-Pandemic Opportunity!

Undisclosed, Lancashire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/12/22

  • Advert ID

    505282

  • Freehold: £300,000
  • Turnover: £75,000 (£1,442 Per week)
  • Net Profit: On request

Key Features

  • Town Centre location
  • Attractive Business
  • Established Business
  • Offers Invited
  • Accounts Available
  • Retirement Sale
  • Company for Sale

Business Details

Long Running & Reputable Taxi Business on Fylde Coast for Sale due to retirement. Established 1963

Summary.

Great opportunity for an individual or existing operator to capitalise on the post-pandemic wave and bring this well-established, long-running taxi company back to it's full potential.

  • Hackney Carriage and Private Taxi operator business and premises available for immediate sale.
  • Consistently profitable since establishment 50 years ago.
  • Comes with a fleet of self-employed drivers with vehicles.
  • Includes long running council and business contracts.

---

The Opportunity.

The current demand for taxis outweighs the fleet by ~100%.
Opportunity = grow fleet to meet the demand.

  • Current turnover: ~£75,000
  • Previous turnover at peak: £260,000
  • ***Retirement necessitates sale***

---

Details / Inclusions.

  • Property worth ~£200,000.
    • Open to freehold OR leasehold rental agreement.
  • Established 50 years ago.
  • Well known firm with loyal customer base.
  • Positive brand reputation (reliable, punctual, responsive, great service... )
  • Current owner/directorship since 1990s.
    • Long term handover period with two directors available if desired (business knowledge and relationship transfer)
  • Includes memorable, paid and freephone phone numbers (details provided on enquiry)
  • Well tenured and experienced staff.
  • Computer / Satellite system.
  • Freephones & Contracts in major local stores/supermarkets.
  • Various other goodwill (provided on enquiry)
Read more

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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