Buy a Relocatable Chauffeuring & Sight Seeing Business

Established Since 1979

Annual Turnover £280,000

Fully Relocatable

Retirement Sale

Located Close To Heathrow Airport

Sale Includes A Tour Company

REF 5725 – Relocatable Executive Chauffeurs Business

Blacks Brokers are proud to bring to the market this relocatable executive chauffeur business located in the much sought-after area of Longford, Hounslow, Greater London.

INTRODUCTION

This business has been trading since 1979 and over that time it has firmly established itself within this business sector and within the local community in Hounslow. The business is located in Longford, close to Heathrow Airport and offers executive travel, touring and sightseeing around the UK.

LOCATION

Cranford is the suburban area of Longford, close to Twickenham Stadium and London Heathrow Airport. The area is well linked by the M4, M25 and A4 with an exceptional array of potential custom from businesses and residents alike.

REASON FOR SALE

This business is only being offered for sale as our client is looking to retire.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a 2 year lease with 18 months left, with rent of £208pw which includes rates, energy costs, cleaning, parking spaces and refreshments.

BUSINESS INFORMATION

This exceptionally long standing chauffeur hire business have a large, loyal and growing database of customers. The business currently uses self-employed drivers and takes percentage of fees – usually around 30%.

The office is currently located within a few minutes of Heathrow airport. The business also offers a touring and sightseeing service for destinations anywhere within the UK. The fleet of vehicles are of a very high standard and of great luxury, ranging from Mercedes to Chrysler in addition to people carriers for larger groups. The business offers a 24-hour service, 365 days a year and has gained a reputation as the most efficient and reliable travel service in the area.

STAFF

Our two clients are employed on a full-time basis with an additional two, self-employed operators in place.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business which has traded solidly over its trading history. The business generates an annual turnover of £280,000 with excellent NET profits of £40,000 per annum. Custom is generated through word of mouth and recommendations in addition to online marketing and booking system.

SUMMARY

This long standing and well-known business offers a new owner a superb opportunity to acquire a very impressive, popular business with reputation and customer base already in place. The business sale also includes a comprehensive website including online booking system. There is plenty of scope to develop the business further with addition of more vehicles and drivers, along with a strong marketing drive and possibly contracts with city centre businesses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations, however, we also feel that it may be of great interest to another similar business looking to expand into this area and increase customer base. Early viewings are strongly advised.