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VIC Conventional Taxi Licence - Ballarat

POA

Details

LocationSomerton, VIC 3062

Licence Details

Plate TypeConventional
State / JurisdictionVIC
Service AreaBallarat
Plate NumberT-7980
TransferableYes
Regulatory AuthorityCPVV
Annual Renewal Fee$950.00
Lease StatusNot Leased
Vehicle RequiredYes

Description

Regional Victorian taxi licence for the Ballarat area. Ballarat has a well-established, stable taxi market with less competitive pressure from ride-sharing platforms than metropolitan areas.

Licence Details:
- Type: Conventional taxi licence
- Area: Ballarat / regional Victoria
- Status: Active and compliant with CPVV
- Transferable: Yes, through CPVV

Ballarat Market:
- Population of approximately 115,000 and growing
- Ballarat Base Hospital and St John of God Hospital generate consistent medical transport demand
- Federation University campuses provide student transport
- Sovereign Hill and other tourism attractions create visitor demand
- Strong events calendar including Begonia Festival
- Limited ride-share presence - taxis remain the primary on-demand transport
- Regional cities typically have higher per-licence utilisation

Financial Expectations:
- Owner-driver gross weekly: $1,200-$1,800
- Operating costs: approximately $500-$700/week
- If leased: weekly bailment income of $150-$220

Regional Victorian licences represent excellent value - lower purchase price than Melbourne with comparable per-hour earnings for owner-drivers.

The current owner has held this licence for 12 years and is selling due to health reasons. A comprehensive handover including introduction to key accounts is included.

CPVV transfer process. All documentation current.

Buyers should conduct independent due diligence. Taxi licence values are subject to regulatory change. VIC traditional taxi licences were abolished in 2017. NSW licence transfers banned from Feb 2023.