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Transport & Storage Company

Ref. GP102

Location : South Coast Port

Asking Price : £325,000

Turnover : £500,000

Net Profit : £100,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Established highly regarded Company offering a quality service

Turnover circa £500,000 with Net profit circa £100,000

A long and respected reputation for operational efficiency

Experienced, competent and motivated staff and drivers

Reliable and accurate tracking of deliveries

Limitless capacity for expansion

Good long-term client contracts

High-volume repeat business

Training and handover

Goodwill

Finance available to buy this business

Subject to status

All regulated business is passed to independent financial advisors who are

regulated by the FSA

Business Profile

Established in 1994, this business specialises in transport and storage to various importers etc. The company pride themselves on supplying a highly professional and reliable service with all deliveries completed on time.

The company operate a variety of vehicles and have the opportunity to expand to artic’s if desired as their customers frequently ask them to take on even more work. Indeed they are constantly turning business away due to having reached the level the owner wishes so there is great scope for growth.

In addition, the business large storage space in two locations, both of which are safe and secure, (one being an extremely secure location), within easy reach of all major southern roads and motorways.

This company has a high level of on-going business with long-term customers, growing with them and increasing capacity to match their requirements. The success of the business relates to its commitment to delivering an excellent service. The company has built its reputation by specialising in time sensitive deliveries, punctuality and managing client expectations, which have been crucial to its success.

Equipment:

The company operates an 18 ton, 3 7.5 ton, 1 luton van, 3 long wheel base vans and 2 fork lift trucks.

Customer Service:

The company`s record of accomplishment shows an impeccably reliable pattern, all customer requests are covered from under one roof by a team of dedicated transport professionals. Personal involvement of the owner has ensured that this is a successful modern day company that prides itself on its excellent service, efficiency and competitive prices, moving anything, anywhere, at any time.

The business is efficient and reliable in meeting the demands of its customers, being on time and getting the job done. The company is committed to providing a quality service operating to the highest industry standard.

Key Strengths:

The key strength of this business is that work is always available ensuring significant annual turnover. The transport industry is vital for the economy of the country as a whole and this company operates from extensive secure premises in a strategic location, employing excellent staff.

The company receives consistent and regular work and has been on form financially over many years, well positioned for strong future growth.

Growth and Expansion:

The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. They are currently turning away business and are frequently asked by existing customers to take on a greater share of their business but have no real desire at this point in time to increase the business to maximum potential.

Key Opportunities:

The business offers scope for development in many areas. Initially a new owner could consider extending the fleet of vehicles operated, especially in the form of artic’s and expanding on the company’s reputation and more aggressive promotion through the Internet.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover is circa £500,000 generating a net profit of circa £100,000.

Advertising and Marketing:

Most of the company’s referrals are a result of word of mouth recommendation, bearing strong testimony to the excellent reputation it has achieved and the quality and unsurpassed service.

Premises:

The business operates from two locations one of which is situated in extremely secure location prviding warehousing and parking etc. with extremely low operating costs of £19,000 per annum rent and rates with part of the premises sub let at £9,500 per annum, which is on a 5 year renewable lease with 1 year to run. The other premises is a storage and warehouse location also at good terms and reasonable secure.

Business Hours:

Office hours are currently 8.00 to 5.00

Employees:

The business currently employs seven full time drivers and one part time driver. The owner completes all the office functions.

Support and Training:

Full support and training will be provided to the successful purchaser if required.

Reason for Sale:

The owner is selling due to several other opportunities that have arisen and after most of his life spent in this industry feels it is time to explore other avenues in his life.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk