Frequently Asked Questions – Selling Your Taxi Company

Why should I sell my taxi company to you?

We understand the value of the business you've built. Our goal is to provide a straightforward, confidential acquisition process while preserving your company's reputation, customer base, and where possible, your team.

What types of taxi companies do you buy?

We are interested in acquiring established taxi operators across Cornwall, including:

Private hire companies

Hackney carriage businesses

Airport transfer companies

Executive transport businesses

Multi-vehicle fleets

Owner-operated businesses with strong local reputations

How do you value my business?

Every business is different. We consider factors such as:

Annual turnover and profitability

Number of active vehicles and drivers

Customer base and contracts

Brand reputation

Booking systems and technology

Growth potential

Assets included in the sale

Is the enquiry confidential?

Absolutely. We understand the importance of discretion. All conversations are treated in strict confidence, and we will not contact your staff or customers without your permission.

Am I under any obligation after making contact?

No. An initial conversation is completely free and carries no obligation to sell.

How long does the process take?

Timescales vary depending on the business, but many acquisitions can be completed within a few weeks once both parties agree terms.

Do I need to stay involved after the sale?

Not necessarily. Some owners prefer a clean exit, while others choose to remain involved for a transition period. We're happy to discuss the arrangement that suits you best.

What happens to my staff and drivers?

Where possible, we aim to retain experienced staff and drivers to ensure continuity for customers and to protect local jobs.

What happens to my customers?

Our objective is to provide a seamless transition with minimal disruption. We work to maintain customer confidence while enhancing the service over time.

Can I sell if I only have a small fleet?

Yes. We are interested in businesses of all sizes, from single-owner operators to larger multi-vehicle companies.

Do you buy businesses that are not currently profitable?

Potentially. We assess every opportunity individually and are happy to have an initial discussion regardless of your current financial position.

What information will you need?

Initially, we'll ask for some basic information about your business, such as:

Number of vehicles and drivers

Annual turnover

Booking software used

Business location

Existing contracts

General financial performance

If both parties wish to proceed, we'll request more detailed information during due diligence.

How will I be paid?