Well Established Taxi Hire Business For Sale

Business
Please quote reference B08328

CoGoGo presents Padstow Cabs, a long-established taxi hire business with a 37-year history in Cornwall, which is now available for sale, offering a unique opportunity for a new owner to step into a highly profitable enterprise with a strong reputation.

Operating seasonally, the business capitalises on the region’s vibrant tourist influx, servicing the popular Padstow area and surrounding Cornwall tourist hotspots. Padstow Cabs has consistently delivered excellent service, which is reflected in a large, loyal client base, including both locals and regular visitors.

Currently managed by our client, who seeks to pursue new ventures, this is a business-only sale, meaning it can be relocated to suit the buyer’s preferences, providing great flexibility. The business’s established brand and customer loyalty create a strong foundation, and with Cornwall’s booming tourism, there is significant room for growth. 

Opportunities for Growth:

• Expanded Fleet: Adding more vehicles, particularly luxury or electric cars, could attract a broader customer base and appeal to eco-conscious travellers and luxury tourists.
• Year-Round Services: The current seasonal operation could extend into off-peak months by targeting local services such as airport runs, medical transport, or partnerships with local businesses and events.
• Enhanced Digital Presence: Developing an easy-to-use website and mobile booking app with integrated payment options can capture the tech-savvy traveller and streamline the booking process.
• Corporate Contracts: Establishing partnerships with hotels, tour operators, and corporate clients can secure a steady revenue during quieter months.
• Advertising & Social Media: Building a strong social media presence and leveraging online advertising can further drive brand visibility and attract both local and tourist customers.

With its established reputation, opportunities for growth, and flexibility for relocation, Padstow Cabs presents a rewarding prospect for a motivated buyer. This sale is an excellent choice for anyone looking to take over a well-known, profitable business.

Location
This business is currently located in Cornwall (can be relocated).

Premises
N/A, Relocatable.

Tenure
This opportunity is being sold on a business-only basis.

Hours
Due to the nature of the business they operate on an appointment basis.

Staff
The business is run and managed by our client.

Financial Profile
This business has generated a turnover of £20,000. Full financials can be made available upon further request.