Taxi Driver Online :: View topic - 750 grand might buy you Newcastles oldest cab firm?

Noda Taxis, which is based in Newcastle's Westgate Road and has a kiosk at the city's Central Station, confirmed it had had two offers in the region of £750,000 for the business.

JD wrote:

Noda Taxis, which is based in Newcastle's Westgate Road and has a kiosk at the city's Central Station, confirmed it had had two offers in the region of £750,000 for the business.

They have 100+ vehicles says their site, so if the new owner keeps them, they get their money back in around two years.

Quicker if an existing firm takes them over. :wink:

Does TDO have enough funds from its advertising revenue to move into Newcastle? lol.

Do they have the rights to plying for hire at Newcastle Station?

If so that is dirt cheap.

Author:	JD [ Wed Dec 12, 2007 7:48 pm ]
Post subject:	750 grand might buy you Newcastles oldest cab firm?
The Journal reports that THE North-East's oldest taxi company revealed that it was being pursued by two potential buyers. Noda Taxis, which is based in Newcastle's Westgate Road and has a kiosk at the city's Central Station, confirmed it had had two offers in the region of £750,000 for the business. Newcastle's Metro City Taxis and LP Construction, which is registered in Edinburgh but is owned by Lee Porter, of Chapel Park, Newcastle, have both made offers for the 60-year-old firm _____________________________

Author:	Sussex [ Wed Dec 12, 2007 8:18 pm ]
Post subject:	Re: 750 grand might buy you Newcastles oldest cab firm?
JD wrote: Noda Taxis, which is based in Newcastle's Westgate Road and has a kiosk at the city's Central Station, confirmed it had had two offers in the region of £750,000 for the business. They have 100+ vehicles says their site, so if the new owner keeps them, they get their money back in around two years. Quicker if an existing firm takes them over.

Author:	JD [ Wed Dec 12, 2007 8:31 pm ]
Post subject:	Re: 750 grand might buy you Newcastles oldest cab firm?
Sussex wrote: JD wrote: Noda Taxis, which is based in Newcastle's Westgate Road and has a kiosk at the city's Central Station, confirmed it had had two offers in the region of £750,000 for the business. They have 100+ vehicles says their site, so if the new owner keeps them, they get their money back in around two years. Quicker if an existing firm takes them over. Does TDO have enough funds from its advertising revenue to move into Newcastle? lol. Regards JD

Author:	Sussex [ Wed Dec 12, 2007 8:40 pm ]
Post subject:	Re: 750 grand might buy you Newcastles oldest cab firm?
JD wrote: Does TDO have enough funds from its advertising revenue to move into Newcastle? lol. I very much doubt the words 'move into Newcastle' appeal to the folks behind TDO.

Author:	Tom Thumb [ Wed Dec 12, 2007 8:42 pm ]
Post subject:
Do they have the rights to plying for hire at Newcastle Station? If so that is dirt cheap.

Taxi Driver Online http://www.taxi-driver.co.uk/phpBB2/

750 grand might buy you Newcastles oldest cab firm? http://www.taxi-driver.co.uk/phpBB2/viewtopic.php?f=2&t=7496	Page 1 of 1

Author:	JD [ Wed Dec 12, 2007 9:15 pm ]
Post subject:
Tom Thumb wrote: Do they have the rights to plying for hire at Newcastle Station? If so that is dirt cheap. Don't know how the setup works but I suppose someoen will advise us? The mention of a kiosk would suggest they have some presence there? Regards JD

Author:	Tom Thumb [ Thu Dec 13, 2007 12:28 pm ]
Post subject:
And of course they don't 'have' 100 cars. They have 100 drivers paying them a weekly circuit fee at the current time.

Page 1 of 1	All times are UTC [ DST ]
Powered by phpBB® Forum Software © phpBB Group http://www.phpbb.com/