Sold

Internet Based Taxi Booking Business

Portsmouth, Hampshire

£39,995

Ref: 14075 I

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Description

Hilton Smythe are delighted to offer to the market Breeze Airport Cars, a renowned taxis agency business established by our client in 2011. The business now comes to the market to allow our client to retire. All bookings for the agency are fully logged and managed by our client and he has successfully acquired over 17,000 records of previous clients he will hand over to any new buyer. The work is now split 90% private and 10% corporate work however, the corporate side is more run to suit and could easily be increased with the addition of new drivers. (Previously 30%). The agency receives 50% of new enquiries through people telephoning either of the 2 x business numbers (1 x local number the other a mobile number) and 50% through email and website enquiries. Many of these enquiries are from professional business people loyal to the agency and return due to the professional service and efficiency of the drivers sent. Our client will handover over 25,000 email clients with the business. The agency also has built up alliances with corporate clients such as P and O and also has advanced bookings in excess of £10,100. There is a choice of car or 8 seater minibus and is a Portsmouth council licenced business. The agency runs all year round, with our client willing to offer a full handover period to ensure smooth transition of ownership.

Tenure

Business Only

This is a business only opportunity.

Hours

All year through, can offer a 24 hr service through busy months.

Staff

Owner (only driving 60% of the time)3 x self-employed drivers.

Financial Profile

According to the March 2017 accounts the business reports turnover at £152,634, with gross profit at 15% and adjusted net profit at £ 21,635. We are advised previous turnover has been in excess of £200,000 with more corporate work.

Location

Breeze Airport Cars is based in Portsmouth, Hampshire. Currently run from a satellite office space, the business is an ideal run from home opportunity or if someone already uses office space for different business purposes could easily be added on. The successful agency is managed and run using a telephone and laptop. In fact our client spends 40% of his time in Spain and successfully manages the business from there using the contact numbers he has established. The agency predominantly offers private airport taxis services to Heathrow, Gatwick, Stansted, Luton, Southampton and London airports from the Hampshire, West and East Sussex areas but will pick up from Surrey and London depending on the journey distance. Our client also takes business customers to the nearby cruise and ferry ports, hospitals and theatres. They can also act as a short journey taxis service when the area is busy with festivals and holidays to the area.

Premises

The business is currently run from a satellite office space costing £50 per month.

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