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Established Hire Car And Taxi Operation In Southern Highlands For Sale

Southern Highlands, New South Wales, Australia
Asking Price:
$550,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Current owner ready to retire, opportunity to purchase a successful hire car company servicing the Southern Highlands and surrounding areas . Operating since 2005 the fleet of nine vehicles includes four cars, one wheelchair access maxi, seven seater wagon and three buses being a 13 seater, 21 seater and 29 seater.
The wheelchair access maxi is a licensed Taxi Cab, permitted to operate on local taxi ranks. The hire cars have no jurisdictional boundaries, whilst the buses support the burgeoning tourism opportunity such as winery tours, group bookings for weddings and day trips. The trend of local demand is continuing to grow across the region with further growth possible.
The organization has been able to access a large number of customers, consistently growing and diversifying over the past 17 years. Throughout its growth, the organization has invested in new services and secured contracts with NDIS and local community organizations.
With an aging demographic, competitive pricing and a strong community presence this organization is in a favorable growth position, ensuring its prosperity in the region for years to come.
Option to lease the current premises if required. With a negotiable selling price of $550,000 this is a rare opportunity to secure a successful established business.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

Option to extend current lease indefinitely as part of purchase negotiations. Minimal fixed office requirements

Leasehold Rent:

$26,000 (AUD) per annum

Location:

Southern Highlands and Surrounds
Servicing the Southern Highlands & surrounding regions, the organization accesses a large number of customers, growing consistently over the past 17 years. Providing a range of services and secured contracts with NDIS and community organizations.

Premises Details:

Option to extend current lease indefinitely as part of purchase negotiations. Minimal fixed office requirements and mobile base monitoring.

Business Operation

Expansion Potential:

The organization has been able to access a large number of customers, consistently growing and diversifying over the past 17 years. Throughout its growth, the organisation has invested in new services and secured contracts with NDIS and local community organizations.

With an aging demographic, competitive pricing and a strong community presence this organisation is in a favourable growth position, ensuring its prosperity in the region for years to come.

Competition / Market:

Established in 2005, the business sought to provide alternative transport to the Southern Highlands community. Early on, the business capitalised on a gap in the market and a clear need for local door to door transport. The demographic of the region ensures continued success, driven by close community, an ageing demographic and growing tourism sector. The business has enjoyed a strong reputation within the community that has continued to engender trust and partnerships that allowed this business to diversify and strengthen operations
There is a single competing taxi operation which has existed in the area for many years. There are limited ridesharing services in the area given the sparse geography (regional area) and nature of demographic making these services uncommercial.

Reasons for selling:

Owner seeking to retire

Trading hours:

Capacity to operate 24/7 through staff rostering and base monitoring. Currently 7 days/week, averaging 20 hours per day

Employees:
10
Years established:
17

Other Information

Support & training:

No specific skills required. Strong internal processes established to support ongoing operations that can be transitioned or continued by core staff

Website:
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Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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