Liverpool Successful Relocatable Taxi Leasing Company For Sale

Currently Operating In Merseyside

Annual Turnover £76,960

Gross Profit £34,400

8 Vehicles Included

Relocatable / Run From Home Opportunity

Low Overheads

Huge Potential To Introduce Website

EPC – Not Required

6455 – Relocatable Taxi Leasing Company

Blacks Brokers are pleased to bring to the market this relocatable taxi leasing company currently based in Liverpool, Merseyside.

INTRODUCTION

5 Star Settle Cars Ltd has been established since 2016 and was set up by our client when he noticed a gap in the market for a business of this nature. The business provides taxi drivers with hire vehicles which they can use with any local taxi firm. The business provides clients with insurance, maintenance and break down cover. Each client pays a weekly premium for these services offered. All of the marketing is currently done online via the very popular Facebook page and the advertising on the side of the leased vehicles. The business currently generates around 20 enquiries a week with the clients collecting their chosen vehicle from the business owner once it has been sourced.

The business holds two forms of ID for each driver, a copy of their taxi badge and a utility bill. Spare keys for the vehicles are also kept by the business. Once the drivers have finished with the vehicle, the drivers are responsible for returning the vehicle in full working order. £100 deposit is held for each vehicle until safely returned.

The majority of customers contact our client over the phone unless they chose to come through Facebook. Approximately 90% of customers are from telephone enquiries and 10% via Facebook.

LOCATION

The business currently operates in Huyton which is a town in the Metropolitan Borough of Knowsley, in Merseyside. The business can easily be ran from home or a small office anywhere in the UK with huge potential to go nationwide.

REASON FOR SALE

5 Star Settle Cars Ltd is available for sale due to our clients wish to relocate abroad.

STAFF

The business is currently ran by our client with no other staff in employment.

FINANCIAL DETAILS

We are advised that 5 Star Settle Cars Ltd achieves an annual turnover of £76,960 with a gross profit of £34,400. Full financial information can be advised after an initial meeting with our client.

SUMMARY

5 Star Settle Cars Ltd has built a very strong trading foundation for a new owner to take advantage of and take this business to the next level. The turnover could be boosted with the addition of a website and strong marketing campaign. A larger fleet of cars available would also give the turnover an instant increase. Early meetings with our client are advised.