Business for Sale in England: Kent - TAXI METER INSTALLATION BUSINESS - Leasehold: £45,000

Key Information

Ref
M34042Z
Type
Motor & Transport Businesses: Other Motor & Transport Businesses For Sale
Location
England: Kent
Tenure
Leasehold, Relocatable
Status
For Sale
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Originally established in 1982, the business is run by a father and son team with occasional temporary staff as and when required. The main service provided is taxi meter installation (more than 300 fitted in 2018) and additional work includes fitting security cameras, dash cams and communication equipment including walkie talkies.

Currently based in Rochester, the business trades Monday to Friday (9.00am – 4.00pm), and operates from a modern corner unit with a ground floor workshop of approximately 500 sqft along with two offices. There is further office space on the upper floor which is currently let to a taxi firm.

With annual sales in excess of £100,000, this is clearly a profitable niche business and, with the nearest major competitor in Brighton, customers tend to visit from miles around – particularly from all across Kent. No advertising is necessary and most work comes through repeat custom and word-of-mouth recommendation.

There would seem to be great scope to further develop the business through increased marketing, extended trading hours, introducing a mobile service and meeting the customer demand for other associated services such as the installation of car alarms, interior lighting, reversing cameras, Bluetooth and radio/stereo equipment.

This is a genuine retirement sale and a “ready-made” business opportunity. We are informed that no qualifications or prior experience of the trade are necessary, and the vendor is willing to offer training and assistance to any new owner to ensure a smooth transition following the sale of the business.

The current premises are owned by the vendor who is willing to offer a new lease to a new owner of the business at a rent to be agreed. Offers to purchase the freehold of the property will be considered. Also, the business could be relocated to any suitable workshop premises in the South East region.

Ref: M34042Z Leasehold £45,000

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