Price Reduced Durban Freight Company For Sale

Business description

An all encompassing freight company. Collection and delivery of small envelopes to large packaging. Economy road freight nationally & airfreight nationally & internationally. Courier, Door to Door, Overnight & Same Day Deliveries to major centres. Warehousing, Distribution & Packing Facilities. Clearing & Forwarding. Full Freight Tracking, Insurance and Proof of Delivery facilities. Constant radio communications between offices and vehicle fleet.



Asking Price. R950,000 . Sales Revenue R6,084,000 per annum. Cash flow (Net Profit) R32 122 per month

Property information

Location:

Durban CBD outskirts

Premises details:

The current lease ends in June 2011, there is an option to renew the lease, and escalation is 10% p.a. A copy of the lease is available. The area of the business is approximately 900 sq metres.

Size in square feet:

900 m2 with courtyard parking area for vehicles.

Planning consent:

n/a

Business Operation

Expansion potential:

There is considerable opportunity to increase marketing activity and cold calling.

Competition / Market:

There is much competition, but this has not materially affected the business, as it's strengths are: offers a wide range of services. Large or small items for Air & Road freight. Warehousing facilities. Local, Countrywide & International Deliveries. Overnight & Same Day deliveries country wide to the major centres

Reasons for selling:

The owner of the business has been involved for over 30 years, and needs someone to take over the general running of the affairs of the business. he is prepared to stay on in a functional capacity, after an outright sale.

Trading hours:

The trading hours are generally from 8.00 a.m to 5.30 p.m, but this is dependant on volume of work.

Employees:

There is staff of 20 including the owner. A breakdown of salaries, functions and length of service is on file

Years established:

The Owner started the business on the 1st April 1979

Other information

Support & training:

Owner will train and introduce as required, while staff are fully trained.

Furniture / Fixtures value:

R838,579 (included in the asking price)

Relocatable:

This business can be relocated.