London Private Hire Taxi Firm T/O GBP 3.77M-Ask GBP 5.13M
Ref. GP209
Location London
Asking Price £5,130,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a private hire mini cab company.
Key strengths:
The business has the following key attributes:
• One of London’s largest private hire mini cab companies.
• Over thirty years of successful operation.
• Private hire, airport transfers, courier services and executive travel.
• Four offices in strategic locations across North West London.
• 450 self-employed, owner-drivers – fully trained and licensed with the Public Carriage Office.
• Cordic GPRS based Taxi Despatch System operated from centralised Control Room.
• Online booking facility plus exclusive IPhone and Android Apps.
• Approximately 35% of turnover from Corporate Accounts.
• Significant growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for a company already operating in the private hire mini cab looking to expand their presence or gain a foothold in the London area.
• An excellent opportunity for an organisation or an individual looking to acquire a well established, very profitable company offering an excellent rate of return on investment and excellent growth and expansion potential.
