Highly Regarded Jersey Taxi Company For Sale Jersey Island Wide, Channel Islands, United Kingdom Advert ref: 240 Business description
Highly successful taxi company with superb reputation. Extremely efficient and very profitable. 17 full and part time drivers in total. One full time company driver and six part time. Six full time owner drivers and four part time. Fully equipped back office with state of the art systems. 70% of turnover from regular customers. Sale by share transfer. Price includes net current assets of £48,285
Years established: 17
Employees: 7 full time, 10 part time (see above)
Home based: This business can be run from home.
Relocatable: This business can be relocated.
Location
Operates from St Brelade covering the whole Island.
Expansion potential
Our client has worked hard to develop the business to its current healthy state. He believes, however, that there is still considerable scope to expand the company, either by organic growth or by acquisition. Jersey is an extremely affluent island with a bouyant economy where service industries are in great demand and always do well.
Competition / Market
There are, of course, a number of taxi companies operating in Jersey, both large and small, but our client has been able to grow his business, year on year, because of his personal service and his high levels of punctuality and reliability.
Support & training
Full assistance in an orderly handover.
Reasons for selling
Our client wishes to retire.
Financing available
Yes, subject to status, from Barclays International Corporate Banking
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| | Financial details Asking price: £145,000
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £48,285 |
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