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PostPosted: Tue Nov 16, 2010 3:30 am 
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Going back a few years the price of an private hire office used be the number of drivers paying rents & then it used to be 2k for a driver so if you had 50 drivers you wud pay 100k lately the price has gone up to 5k a driver so now if uve got 50 drivers the office is worth 250k considering that wud any person buy a base of 20 drivers for 100k when 20 drivers paying £80 a week wud just about cover your expenditure in the office also is the price of offices across the country on a par wid here or has it gone stupid in the midlands????????


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PostPosted: Tue Nov 16, 2010 8:10 am 
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I suspect those selling think things haven't gone mad.

Supply and demand.

Not too sure I like the idea of buying and selling drivers though. :sad:

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PostPosted: Tue Nov 16, 2010 11:58 am 
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Sussex wrote:
Not too sure I like the idea of buying and selling drivers though. :sad:


It is not realy buying and selling drivers though is it? If I were to buy Marks and Spencer, would I be buying the staff?

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PostPosted: Tue Nov 16, 2010 2:25 pm 
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I know tell of a base owner looking to sell a circuit of 140 cars (£85/wk base rents), the problem is hes planning to start a new base only 5 miles down the road in the same LA using a front man....


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PostPosted: Tue Nov 16, 2010 2:42 pm 
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so he sells business to joe bloggs, with 140 drivers, who may then choose to join him at his new office, leaving joe with potentially an office and no staff/drivers. Nice earner for him, hope joe has deep pockets.

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PostPosted: Tue Nov 16, 2010 4:03 pm 
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Ive warned the "front man" that selling a business will include a "will not strt/trade same business/20mile radius" clause, plus anyone with £200K to buy the firm could just turn nasty when the cack hits the fan, and kneecaps+shotguns dont mix....


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PostPosted: Tue Nov 16, 2010 9:08 pm 
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grandad wrote:
Sussex wrote:
Not too sure I like the idea of buying and selling drivers though. :sad:


It is not realy buying and selling drivers though is it? If I were to buy Marks and Spencer, would I be buying the staff?

No, but in your scenario it would equate to buying punters, which is what drivers are to firms.

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PostPosted: Tue Nov 16, 2010 9:56 pm 
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grandad wrote:
Sussex wrote:
Not too sure I like the idea of buying and selling drivers though. :sad:


It is not realy buying and selling drivers though is it? If I were to buy Marks and Spencer, would I be buying the staff?


A warehousing/distribution firm i did work for won a contract for an office supplies distributor but had to offer the outgoing contractors staff the positions even though it was different site 15 miles away so i ended up ferrying the poles/rumanians over to have a look while they decided if they wanted the jobs, so yes, you could possibly be buying the staff under EU employment laws


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