Coach And Taxi Company In South Wales For Sale

Business description

Preferred Commercial is delighted to offer for sale this busy taxi and coach company, which was established in 1997 and is now being placed on the market due to our client's wish to retire. The business boasts several desirable long term contracts and has been inspected and vetted by a national coach company with a view to being offered a contract in the near future. The business currently achieves a turnover in the region of £750,000 per annum with a gross profit of 31%. There is huge scope to increase turnover further by expanding into local bus services and offering leased taxis. Our client advises us that he is prepared to stay on in a management role, should a new owner wish. We feel this represents an ideal opportunity for a new owner to purchase an established and profitable business, ready to be taken to the next level. Early discussions, in confidence, with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 15 years
Remaining: 6 years
Review: every 5 years
Rent: £23,000 per annum

Leasehold rent:

£23,000 per annum

Location:

This taxi and coach company is based in South Wales and boasts excellent access to the motorway system. The company occupies a substantial yard with service and repair facilities.

Premises details:

Well equipped service garage and offices in a secure compound. Briefly comprising:

Ground Floor
• Reception area
• Office
• WCs
• Canteen
• Workshop, well equipped including, 2 x column lifts, compressor, workshop heater, tyre machines, wheel balancer, welders, various jacks, headlight aligning equipment and a variety of hand tools

First Floor
• 4 x offices

Vehicles
• List of vehicles available upon application

External
• Secure vehicle compound with digitally recorded CCTV

Other information

Trading hours:

24 hours a day, 7 days a week