CoGoGo are welcoming to the market One Taxi’s, a highly rated and well-known taxi service business, currently located in Cannock. The Business was founded by our client in 2018 (Over 5.5 years ago) and is only coming to the market now as our client has decided to take well-earned retirement. The business also prides itself on being pet friendly and has transported a variety of different animals.
They work the cannock chase District which covers Cannock Hednesford and Rugeley areas.
80% of our clients works come front airports, with this being the main supplier for the business, with around 600 carried out in 2023 for airport services.
One Taxi’s, which is 5 star rated on Google offers short and long-distance taxi services including, bespoke drive and wait service, airport transfers, seaports, sporting events, theatre visits and hospital appointments.
The business has built up an excellent reputation within the area and further afield for the high quality of service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations. One Taxis would make an ideal bolt on business for a similar type of operator looking to increase their share of the private hire market.
We feel there is scope to increase the turnover with the new owner embarking on a modest marketing campaign to highlight the business and the services offered, along with the possible introduction of luxury transport solutions for corporate clients, and with the expansion into courier services.
The business has started doing longer distance journeys and airport trips, with less local jobs. The business has a contract with a local school, offering travel services. The business averages 500 airport drop offs a year.
Included in the sale of the business will be the following:
Website
Dedicated phone number
Google account
Facebook page
A breakdown on the state of the cars and what vehicles can be made available in the sale is to be negotiated.
This is an excellent opportunity for a new owner to take this already popular and well established business to the next level.
ALL ENQUIRIES MUST GO THROUGH COGOGO.
Financial Profile
We are advised the business generated an advised turnover of circa £100,000 as of 2020, further financial information available upon request.
