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Just added
Business

£149,995

Retail premises for sale

Hastings, England, United Kingdom TN34

£149,995

Retail premises for sale
Hastings, England, United Kingdom TN34

    Just added
    Business

    About this property

      Business
      Please Quote Reference B08981

      Cogogo is pleased to welcome to the market, Town Trip a brilliant and well established, well-run transport business with over 10 years of trading history now available for sale due to health reasons. The business boasts a consistent income stream, a strong operational structure, and a fleet of vehicles included in the sale.

      This private hire taxi firm generates strong weekly income from a team of four self-employed drivers, each paying £107 per week. The business model is lean, with minimal overheads and steady repeat business. With additional marketing or service expansion, there is excellent scope for growth.

      Location
      The business is based in the historic seaside town of Hastings, East Sussex – a popular destination known for its vibrant community, coastal charm, and steady year-round population. Hastings offers a blend of urban convenience and tourist appeal, making it an ideal location for a private hire taxi firm.

      The firm benefits from consistent demand across the town and surrounding areas, including St Leonards, Ore, and the nearby villages. Local transport needs are driven by residents, commuters, tourists, and visitors to the many attractions such as Hastings Old Town, the pier, and regional events.

      With strong local infrastructure and regular rail links to London and Brighton, Hastings provides a solid foundation for taxi operations, offering both regular local journeys and longer-distance fares. There is further opportunity for growth by tapping into contracts with local schools, care homes, and hospitality businesses.

      Premises
      The business operates from a well-maintained and clearly signed office space, ideally suited for managing a busy taxi operation. Located in a convenient part of Hastings, the premises are easily accessible for both staff and drivers, with nearby parking and good local transport links.

      The office serves as a central hub for the switchboard and dispatch operations, offering a professional and organised environment for handling bookings and coordinating drivers. It is fully equipped to support day-to-day operations, including space for administrative tasks and communications equipment.

      Additionally, the premises include a comfortable area where drivers can relax between jobs, check schedules, or grab a break. This added convenience fosters a positive working atmosphere and supports smooth coordination throughout the day.

      Tenure
      Leasehold – 6 years remaining.

      Hours
      Run to Suit

      Staff
      Staffed by four self-employed drivers who manage their own schedules and contribute a regular income to the business.

      Financial Profile
      We are advised the business generates an annual turnover of approximately £390,000, with most revenue distributed to self-employed drivers. The net profit stands at approximately £45,000 per annum.

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