We Park 4 U – 17 Years Of Smooth Sailing And Steady Returns For Sale

Fareham, Hampshire, UK

Asking Price:: £64,995

Turnover:: £170,000

Net Profit:: Undisclosed

CoGoGo presents to the market We Park 4 U, a well-established, 17-year-old business specialising in high-quality parking services for Southampton Airport and Cruise Ship Terminal.

Renowned for its reliable meet-and-greet and park-and-ride options, the company has built a loyal customer base over nearly two decades. This sale represents a unique opportunity to acquire a reputable brand with a strong market presence.

Currently operating in Southampton, the business benefits from a prime location serving major transport hubs. Please note that the business will need to be relocated, with anticipated land rental costs ranging between £10,000 and £15,000 per annum.

We Park 4 U offers a range of parking solutions, including:
Meet & Greet Service: Customers are met at the terminal by a professional driver who takes their car to a secure facility, returning it upon their return.
Park & Ride: Customers park their vehicles at a designated location and are transported to the terminal via shuttle service.

The business operates with a team of 5-6 subcontracted drivers, ensuring flexibility and scalability. Notably, the company has achieved consistent success without any formal advertising, indicating significant potential for growth through marketing initiatives.

Key Selling Points:
Established Brand: 17 years of trusted in the parking industry.
Exclusive Operating License: The port has ceased issuing new licenses, reducing future competition and enhancing the value of the existing license.
Growth Potential: Untapped marketing avenues offer opportunities for expansion and increased revenue.
Flexible Operations: Low Overheads with a subcontracted workforce.

This retirement sale offers a rare chance to acquire a thriving business with a solid foundation and ample room for growth. The exclusive operating license and established reputation position We Park 4 U as a leader in its sector.

Get in touch with CoGoGo today to learn more!

Financial Profile

This business generated a turnover of £170,000. Full financials can be made available upon request.

Property Information

Location:

Currently operating in Southampton, the business benefits from a prime location serving major transport hubs.

Rental costs ranging between £10,000 and £15,000 per annum.

The port will not allow any new meet and greet parking companies

Premises Details:

As this is a business-only sale, there are no physical premises included. The new owner will need to secure suitable land to continue operations.

Please note that the business will need to be relocated, with anticipated land rental costs ranging between £10,000 and £15,000 per annum.

Business Operation

Trading hours:: The current owner dedicates approximately 30 hours per week during the summer months and 10 hours per week in winter, highlighting the business's efficient operational model.