Total of 18789 firms and businesses for sale today Wednesday 12th December 2018
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Finance And Services:

Business For Sale. Transport & Storage Company

LISTING DETAILS
Firms For Sale ID:
34931
Vendor reference:
GP102
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£325,000  
Turnover / revenue:
£600,000
Net profit / cashflow:
Undisclosed
Years established:
24
Trading hours:
Office hours are currently 8.00 to 5.00
Number of employees:
8
Employees / staffing:
The business currently employs seven full time drivers and one part time driver. The owner completes all the office functions.

OTHER DETAILS
Reason for selling:
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.
Support and training:
Full support and training will be provided to the successful purchaser if required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
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 GBP 19,000 per annum rent and rates with part of the premises sub let at GBP 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.
 
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BUSINESS DESCRIPTION
Transport & Storage Company
Ref. GP102
Location : South Coast Port
Asking Price : GBP 325,000
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 into 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.

Expansion Potential
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.

Market / Competition / Non-Competition Agreements
Most of the companys 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.