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Wedding Car Hire Business In Tyne And Wear For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£220,000
Turnover:
£50,000
Net Profit:
Available on request

• Established and reputable business.
• 8 vehicle vintage replica fleet.
• Turnover £50,000 and rising.
• Bookings in place plus website platform.
• Ideal as bolt on to existing business.
• PRICE £220,000 including all vehicles.

Property Information

Property:

Leasehold

Leasehold Rent:

£10,000 per annum

Location:

The business operates from Newburn and covers a radius of circa 40 miles but could effectively trade from any location within the region.

Premises Details:

This is an established business which has been trading since 1988 but has been placed on the market as our client wishes to retire.
The fleet is varied but comprises 8x vintage replica cars with capacities for between 4 and 7 persons all of which are in excellent order. The current fleet includes;

1x Bramwith Laudaulette (7 seater)
1x Austin Princess (7 seater)
1x Beauford Tourer (3 seater)
2x Regent Convertible (6 seater)
1x Beauford (7 seater)
1x Badsworth Laudaulette (3 seater)
1x Imperial Viscount (7 seater)

There are bookings in place for 2022 and 2023 despite the business not being promoted hard by the current owner.

There is scope and potential for motivated new owners to take this business forwards, particularly by embracing social media.

Energy Performance Rating:
D  View EPC Graph for this property

Business Operation

Employees:
The business is currently operated by our client with the help of 2 self-employed members of staff.
Years established:
34 years

Other Information