HISTORY



• Founded by the vendors over 7 years ago



REASON FOR SALE



• Ill health



PRODUCTS



• The business manufactures a range of Hackney taxis and private hire and wheelchair accessible vehicles, which all conform to latest M1 European Whole Vehicle approvals

• Customised specification vehicles for;

o Governments & local authorities

o Vehicle manufacturers

o Care homes

o Private individuals

• Car models include Fiat, Citroen & Peugeot

• The Combi Mini Bus vehicles include Vivario, Ducatto, Mercedes & Torneo



SERVICES



• The business holds a consumer credit licence and is able to deal with 6 different finance houses to arrange loans subject to status for its clients.



CUSTOMERS



• Customers nationwide

• Extremely high referral rate of circa 70% from other satisfied clients

• Sales to taxi drivers account for circa 85% of turnover

• Circa 15% from care homes, local authorities, prisons, and vehicle manufacturers



STRENGTHS



• Well established business trading over 7 years

• Vehicles have M1 and European approvals which has cost the business over £100,000 to obtain

• Very experienced and loyal workforce

• Extremely high referral rate of circa 85%

• Sales from other satisfied clients

• Niche business with little local competition

• Business is also able to arrange finance if required

















DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).


Property information

Location: • Ideally located in the centre of a large industrial estate near the M6 motorway
Property: Leasehold

Business Operation

Employees: • 5 full time staff including 2 vendors • 1 part time staff

Other information

Price:
£450,000
Cash flow:
£97,610
Revenue:
£1,022,762
Seller financial available: N/A
Work from home: N/A
Franchise: No
Employees: • 5 full time staff including 2 vendors • 1 part time staff
Date: Tue 10 May 2011

Listing Expired!

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