Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Refrigerated Courier & Transport Company Temperature Controlled Transportation And Distribution
LISTING DETAILS
Firms For Sale ID:
7988
Vendor reference:
GP183
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,550,000
Turnover / revenue:
£2,440,000
Net profit / cashflow:
£289,000
Years established:
15
Number of employees:
26
OTHER DETAILS
Reason for selling:
The managing director has invested fifteen years into the business and now feels that it requires a new owner with fresh energy to drive the company forward again. The vendor wishes to realise the fruits of his efforts and to pursue other business ventures.
Support and training:
The vendor is very keen to see the business he started continue to flourish. He is more than willing to provide a handover for a period of time to be agreed as part of the overall sales negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Refrigerated Courier & Transport Company Temperature controlled transportation and distribution of chilled and frozen goods
Ref.GP183
Location South West
Asking Price £ 1,550,000
This logistics business offers the complete range of temperature controlled food distribution services across the United Kingdom.
A privately owned business, established in 1995, it has since grown and now operates a fleet of twenty four refrigerated vans and lorries, and has fostered a number of strategic trading relationships across the country, delivering and collecting samples and pallets for a number of food production and wholesale companies.
The company has developed a bespoke computerised transport booking system that ensures essential due diligence of every delivery on either the company’s own vehicles or that of an associated company. Every vehicle is fitted with satellite tracking, temperature loggers and a hands free telephone system.
The operation has a database of around seventy core customers that incorporate deliveries to the main supermarket chains, educational establishments, restaurants, coffee shops plus staff canteens of blue chip companies. There is a significant volume of stable repeat business due to a well earned reputation for reliability, consistency and professional approach.
Expansion Potential
This market enjoys consistent growth. Personal, dependable service has brought growth and expansion for this business. The company policy is still focused on a continued commitment to providing a high quality service for all clients.
One client has specifically involved the business in the strategic plans for its next five year development programme and sees the relationship as an inherent part of that planning process.