For sale is a highly successful taxi firm with a long-standing reputation for excellence. Established in 2003 as a sole trader and later incorporated as a limited company in 2015, this South Wales-based taxi business has secured an impressive 99% of its operations through council and government contracts.
The primary focus of the company's work lies in school runs, with a remarkable 90% of contracts held with the local council. Currently managing 16 contracts, including several with special educational needs schools, the majority of these agreements span five years, with varying renewal periods.
In addition to the school run contracts, the company has a three-year agreement in place with the Department of Work and Pensions (DWP) under the Access To Work scheme, representing 10% of its workload. The remaining fraction of work encompasses private hire services, including airport runs and other miscellaneous requests. The school contracts operate for 39 weeks per year, allowing drivers to enjoy holidays or engage in private hire work during term breaks.
Due to its exceptional service and longstanding partnership with the local council, the business is regularly approached to take on additional school runs. The remarkable track record of contract renewals from the council stands as a testament to the company's dedication and reputation for delivering excellence.
With a robust demand for services and a proven ability to cultivate long-term relationships, this business presents a lucrative investment prospect for those seeking a profitable venture in the transportation industry.
