Transport & Storage Company
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
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
Subject to status
All regulated business is passed to independent financial advisors who are
regulated by the FSABusiness 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.
The company operates an 18 ton, 3 7.5 ton, 1 luton van, 3 long wheel base vans and 2 fork lift trucks.
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.
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.
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.
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.
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.
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.
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.
Office hours are currently 8.00 to 5.00
The business currently employs seven full time drivers and one part time driver. The owner completes all the office functions.
Full support and training will be provided to the successful purchaser if required.
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
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