Reputable Chauffeur Services based in Surrey

Woking, Woking
REF: S07598

Asking Price:
£199,950
Annual Turnover:
£206,624
Annual Net Profit:
£45,452
REF: S07598

Overview

Tenure:
Leasehold
Established:
2012
  • Excellent reputation
  • Well-equipped premises
  • Strong online presence
  • Central location
  • Room for development

This is a great opportunity to purchase a reputable chauffeur service currently operating in Surrey. The business provides executive chauffeur services to private and corporate customers, making sure they get from A to B safely and comfortably and arrive at their destination in style.

It has recently expanded its services and operates under three divisions. Its first and second divisions use classic and luxury cars to conduct airport transfers, funeral services, and transport to special events, such as the races. It also offers minibus and coach services.

Meanwhile, its third division is a nationwide wedding car service which utilises the low-cost Mercedes Range to transport clients to weddings and proms, as these vehicles have seen an enormous rise in demand when compared to classic and luxury cars for such events.

Now available on a relocatable base and benefitting from a sizeable, returning customer base, the business is perfect for an ambitious individual who can bring a fresh approach to the business to continue to build on its firm foundations for growth.

The business is in a possession of various vehicles, inclusive of a 2016 Mercedes E220, 2014 S500 Hybrid Mercedes, 2014 Mercedes E300 AMG Hybrid, 2014 E220SE Mercedes, all of which are included in the sale of the business. The total value of the assets included in the sale price will be £55k, as the owner is selling 2 of the vehicles to reduce liabilities by £13k in the wake of Covid-19.

Operating from offices on the top floor of the Peacock Mall with flexi rent conditions, its base is spacious and modern, accommodating a comfortable sofa in the waiting area, large reception counter, computers, printers, desks and a large flatscreen TV displaying a video of its services and cars.

The business has a strong online presence, with 3 websites in place to detail each division's services, along with Twitter and Facebook profiles with a combined following of over 1,200 and numerous fantastic reviews.

The current owner is happy to provide a full handover of business operations upon sale.

This is a brilliant opportunity for an experienced entrepreneurial investor who is interested in operating a business with multiple income streams, rather than a single-faceted taxi/executive business. It is especially ideal for those with social media and online marketing experience, as these skills will empower the business to develop rapidly.

Additionally, expanding the fleet to include more vehicles and bring in new drivers would allow the business to service a wider customer base. It may also be worth looking at providing contracted services to the public sector; a potential for a huge income stream which is currently not utilised.

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  • On-site car parking
  • City centre location
  • High footfall
  • Close to local businesses
  • Leasehold
Rent
£8,917
Rates
£0
Lease Term
5
Lease Expiry
1 yr remains - 3 months notice
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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