turner-butler

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Courier company specializing in same day and overnight deliveries

Ref. GP212

Location : West London

Asking Price : £185,000 incl NAV of £103,000

Turnover : £228,000

Net Profit : Undeclared

Gross Profit : Undeclared

EBITDA : £47,633

Net Asset : £103,000

Premises : Not Included

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking price: £185,000 including NAV of £103,000

Turnover for 2017 c£228,000
EBITDA £47,633 before directors’ costs

Business Profile

Key strengths:

The business has the following key attributes:

•Courier services – from an envelope up to 1,500kg.
•Same day and overnight delivery specialist.
•Very well established – many years of successful trading.
•Flexible fleet of eight vehicles including a refrigerated van – ability to select the most appropriate and effective vehicle for the job.
•Wide-ranging, solid, loyal customer base.
•Excellent reputation for cost effectiveness, fast response, reliability and high levels of customer service
•Consistent year on year performance.
•Excellent growth and expansion opportunities.

The business provides an acquirer with:

•an ideal bolt on for a company already operating in the courier or light haulage sectors.
•an excellent starter opportunity for an individual or organisation looking to establish a foothold within the courier or light haulage sectors.

Financial performance:

For the financial year ending December 2017, the business generated turnover slightly in excess of £228,000. EBITDA £47,633 before Director’s costs.

The Asking price of  £185,000 including NAV of £103,000 is for a sale of 100% of the Issued Share Capital in the Limited company and is based upon a Balance Sheet of £103,412. There will be a £  for £ variation in the final sale price to reflect any movement away from this £103,000 NAV figure.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Turner Butler Head Office: 01895 256000.

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 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk