Licensed Executive Vehicle Hire Business

Potters Bar, Hertfordshire
REF: S07505

Asking Price:
£150,000
Annual Turnover:
£150,156
Annual Net Profit:
£55,430
REF: S07505

Overview

Tenure:
Relocatable
Established:
2004
  • Range of luxury cars for hire
  • Respectable, family run
  • 10 domain names
  • Loyal client base
  • Sponsor the QSI Awards

The business for sale is a leading supplier of luxury Saloon and MPVs currently licensed with TFL for PCO licensed self drive hire.

 

Alongside its luxury vehicles, the business also offers a range of eco-friendly electric cars including the Nissan Leaf and Tesla Model S. The whole fleet is currently insured and licensed for the carriage of the general public under the strict guidelines of the TFL and PCO regulations, however as the cars are negotiable, the new owner can choose to either keep this license or change it to their geographical location, as self drive hire cars are a nationwide requirement.

 

Having solidified a returning client base of over 15 years, the business is now ready to be taken over by a passionate new proprietor with a strong interest in high-end vehicles.

The business’s diverse client base comprises private corporate firms, public organisations, vehicle manufacturers, chauffeurs and hire companies, boasting names such as Motorsports, Silverstone and Goodwood.

 

Although the business is currently based in Hertfordshire, as clients are positioned throughout the country, a new owner could easily relocate the business to suit their geographical needs.

 

The sale price includes the business’s professional, informative website but not its extensive fleet of 15 vehicles.

An ideal acquisition for a car enthusiast, an individual with industry experience or as a bolt on to a larger firm, the business has plenty of room for expansion.

 

Although already in possession of 10 domain names, widening the business’s online presence through more active use of social media platforms would reach out to an even larger audience and potentially result in new clients. Attending more industry conventions would also afford the company greater exposure and networking opportunities.

 

The current owner would be happy to stay on for a transitional period in order to ensure a smooth handover of operations.

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  • Home based in Hertfordshire
  • Large, varied client base
  • Cars hired across the UK
  • Relocatable nationally
Rent
TBC
Rates
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Lease Term
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Lease Expiry
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Square Footage
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Accommodation Included
No
Premises Licence
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Property Value
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Planning
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EPC
This business does not require an EPC

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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