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Cabways Pty Ltd boasts a combined 100 years experience in the trading and assigning of taxi plates. As a subsidiary of Taxi Staffing Service, Australia's largest independently owned taxi service, Cabways Pty Ltd benefits from unparalleled experience in the Taxi Industry and trading and assigning of plates.
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Experienced Board and Management Team.
Investors with Cabways Pty Ltd will have the benefit of a team with extensive business and taxi industry experience. They will be responsible for operating the current business and sourcing, evaluating and implementing future investment opportunities.
Tas Revis, Managing Director of Cabways Pty Ltd has over 50 years industry experience. He began his career as a taxi driver and the last 35 years he has been in executive roles in the taxi industry. Until recently he was on the board of Silver Top Taxis and he continues to direct Australia's largest independently owned depot, Taxi Staffing Service. He leads a team of dedicated professionals responsible for managing and operating the company's assets.
The board of Cabways Pty Ltd is comprised of Michael Paidoussis and Trudi Cullen and provides significant additional depth of experience across general commercial, taxi sector and investment matters.
Cabways Pty Ltd, as an affiliate of Taxi Staffing Service brings over 40 years experience as a manager of taxi industry assets. Taxi Staffing Service is one of Australia's largest taxi investment managers in Australia with approximately $60 million in taxi asset funds under management and a proven track record of delivering value for investors whether buying, selling or assigning licences.
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Why Buy or Assign a Victorian Taxi Licence?
Victorian Taxi Licences have outperformed every other asset other than Grange Hermitage since 1981.
Melbourne Taxi Licences have yielded an average 20% annual return over the past 25 years. They have achieved this through compound capital growth of 12.5% average per annum and an average yield of 7.5% per annum paid monthly.
In addition to the attractive cash yield the long term capital growth is underpinned by the following:
The listing of Taxi Plates on the Bendigo Stock Exchange from March 2006 helps ensure the transparency of trading of Taxi Plates and perceived professionalism of the industry.
The Government regulation of the industry helps ensure competition remains stable and returns to investors are positively influenced.
Victorian taxi licences are well positioned to take advantage of a number of trends developing in the Victorian and Australian economy. In particular the growth of Victorian population and ageing of the population augers well for increasing taxi demand.
At Cabways Pty Ltd, because of our unique position of financial strength and longevity in the industry, we are able to fulfill all your taxi needs.
Whether you want to buy, sell or assign a taxi asset we can tailor a financial solution to meet your needs.
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http://www.taxistaffingservice.com.au
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