Nationwide Haulage And Courier Service In Eire For Sale

Business description

Established in 1991, this business specialises in nationwide fast freight, offering a next day service to customers. The company has developed since starting life as primarily a courier service and now has an excellent reputation for reliable and efficient groupage, warehouse storage facilities and distribution from this strategic location adjacent to a motorway.

Having continually grown over the years the business is still small enough to care but large enough to cope and is probably the largest courier company in this area. The company now has a large customer base and places plenty of importance on keeping all the clients happy. Highly professional the business delivers a reliable next day service at competitive rates.

This is long established business with a recognised trading name operating a mixed leased vehicle fleet. The fleet includes a wide range of liveried trucks comprising of five trucks (two articulated lorries and three rigid plus sprinter vans all displaying the corporate logo).

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 on punctuality and managing client expectations, which have been crucial to its success.

A highly respected company the business extensively covers all counties in Northern Ireland, with agreements in place to cover work taken on tin the south.

Customer Service:

The company has a policy for customer care which has seen the business stand the test of time and keep it ahead of any competition. The well serviced fleet in kept in pristine condition and all maintenance work is carried out in-house. 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. The company is in the process of becoming fully computerised and 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.

Key Strengths:

The key strength of this business is that work is always available, with 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.

Financial Information:

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.

Current turnover is circa €1,200,000 per annum. Further investment could substantially increase this figure.

Property information

Real Estate:

Real Property Included

Location:

The site is substantial with offices and warehousing. The vendor owns the freehold of the property. A lease will be negotiated with the new owner.

Business Operation

Expansion potential:

The business has great potential to develop possibly with more warehousing and with cash injection would be capable of possibly 5 x current level. There is always plenty of work available and the owner is currently turning away work due to lack of capacity.

Competition / Market:

To date the Company has invested limited money on marketing. The Company is recognised for its expertise within its relevant fields of operation, and therefore most of its work comes via word of mouth. The Company delivers what it promises. The directors recognise that investment in a company website would be a valuable asset.

Reasons for selling:

Following 20 years in the business the vendor feels a new owner with extra enthusiasm could take the company to the next level and would consider staying on as a manager if requested. The company comes fully operational and a person with drive and energy cannot fail to carry this business forward.

Trading hours:

The business is in operation six days per week Monday – Saturday.

Employees:

The business currently employs nine full time staff consisting of eight drivers and one administrative assistant. In addition, part time staff consist of three self employed drivers, two office staff and two part time drivers.

Years established:

1991

Other information

Support & training:

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