Taxi Trucks NZ Ltd (Sold)

This iconic business has been around for at least 20 years with the owners previous to the current owner incorporating the company in 1989. We estimate that the company has in the past had as many as 30 trucks on the road. The companies classic radio advert is still remembered by people of that generation, myself included.

The opportunity here is for a new owner/operator to restore this classic brand to its former position of prominence. The current owner has completely modernised the brand, including web-site, branding on trucks & uniforms, advertising and documentation etc.

What is needed is a hands-on owner that can inject enthusiasm and drive, to maximise the potential of this modernised classic. The current owner has another very large Specialised Transport company and has installed a manager to run this business and he believes it needs an owner operator to reach its potential.

The core business of household and commercial removals will now and forever be a necessary service, and it would seem more so now as consumers have even less time available in their personal lives. The major benefit of this area of the Transport industry is the company is paid on completion of the job.

The company also has several large commercial companies as clients and the opportunity exists to offer more services to them and other companies like them.

There is a real opportunity utilising the current site to increase revenue from increasing storage clientele. The company uses an easy stacking crate system and has the space to easily expand this service. The centrally located site also adds to the appeal.

Sale Price: $295,000
EPBITD:2008$109,270
 2009$73,873
 2010$124,556*

*Forecast on 9 month result. Sales are up on last year and the company has been able to significantly reduce operating costs by sub-leasing a significant portion of the site.

 

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