Kings Commercial, the specialist business brokers, is looking for a buyer of a well-established and profitable mini cab business in Welling, London.
Situated across two settings in the historic county of Kent, the business is served well by its proximity to London City Airport, Woolwich Ferry and the M25. The main office is located opposite Welling station, whilst the other is within the grounds of Barnhurst train station, providing both high-visibility and accessibility to popular London destinations.
The business has been under the same ownership since 1987, building up an excellent reputation over the years.
With a generated in excess of £500,000 per annum, this is also a profitable business with great potential to grow.
The business operates 24 hours a day, 365 days of the year.
The current vendor, Mr Biring, now wishes to retire but leaves in place a profitable and reputable business with the potential to grow under the guidance of an existing operator.
The business is available on a leasehold basis with the vendor granting a new FRI lease for a period of 10/15 years for the first unit near Welling station. The second unit located inside the grounds of Barnhurst train station is leased from British Rail.
Negotiator Adam Hussain commented, saying:
“I am delighted to be working with the vendor to help sell his wonderful business.”
The business is available exclusively through Kings Commercial on a leasehold basis. If you require any further information on this business please do not hesitate to contact Adam Hussain on Adam.Hussain@Businessbuyers.co.uk.
Kings Commercial, part of Altius Group, is the specialist broker dealing in the Licensed, Leisure and Retail sectors. Altius Group is a market leader in business sale transactions for small to medium size enterprises. The group includes some of the most well-respected and leading business brokers in the marketplace. Altius Group offers a sector-specialist approach, tailored to the requirements of our clients. With over 40 years’ experience in business selling, we have a proven track record of delivering successful sales, constantly striving to surpass the expectations of our clients.