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Driving Local Demand – Established Taxi Company With 27-year History For Sale

Colchester, Essex, UK
Asking Price:
£59,995
Turnover:
£78,139
Net Profit:
Undisclosed

CoGoGo proudly presents to the market Earls Colne Taxis, a long-established, family-run taxi business that has been serving the local community since 1998.

Over the years, the business has built a strong reputation for reliability and friendly service, generating regular repeat custom and steady demand. The operation provides a wide range of transport services, including school runs, airport transfers, railway station journeys, seaport travel, hospital trips, as well as both local and long-distance fares.

The business benefits from an online presence through its website and also advertises in a local free magazine covering surrounding villages, helping to maintain consistent visibility within the community.

Included in the Sale:
BMW 2 Series Gran Tourer Hackney Carriage

Licensed for up to 6 passengers
Access to Witham, Braintree & Halstead ranks

Volkswagen Passat private hire vehicle

Licensed for 4 passengers with a taxi meter
Both vehicles are licensed with the Braintree District Council

The current owner is now looking to retire after many successful years operating the business. This represents an excellent opportunity for an owner-driver or an existing operator seeking expansion into the area.

Early enquiries are encouraged through CoGoGo.

Financial Profile

We are advised that the business generates an annual turnover of £78,139 with a net profit of £32,073.

Assets included in the sale are estimated at approximately £20,000 and include two operational vehicles.

Property Information

Location:

Earls Colne Taxis operates within the popular village of Earls Colne and the surrounding areas, serving local residents and visitors. The area benefits from steady demand for private hire services and convenient access to nearby towns and transport links.

Premises Details:

The business is operated as a business-only opportunity and does not rely on a dedicated commercial premises, making it flexible and low overhead. Operations can be managed from a home base or a suitable dispatch location.

Business Operation

Trading hours:

Trading hours are owner-set and can be adjusted to suit the new proprietor.

Employees:
The business is currently run by the owner with support as required.