Same Day Next Day Courier & Transport Company For Sale

Business description

Same Day/Next Day Courier & Transport Company Specialising in IT Delivery & Siting
UK & Europe

This progressive and growing business was set up by the current vendor some 12 years ago and has established itself as a leading logistics provider servicing both the UK and Europe from its base in Manchester/South Lancs.

The company has grown to be a leading supplier of same day/time critical logistic services to major technology companies offering a same day/next day nationwide delivery and collection service including nationwide product install/rollouts. As part of this the business undertakes siting services to ensure product is delivered securely and undamaged to its final resting place.

The business specialises in time/time critical/high value delivery solutions providing customer consignments with GPS tracked unmarked vehicles complete with sat-nav and experienced drivers in plain uniforms with aviation security level 4 awareness training and id badges.

All drivers are equipped with mobile phones for up to date progress reports. Customer consignments are also covered by £150,000 of goods in transit insurance for their peace of mind.

Equipment:

The business has a modern fleet of leased vehicles available which includes small vans, transit vans, long wheel based sprinters, 7.5 Tonne Trucks and artics if need be. All drivers have Satellite Navigation and mobile phones. The warehouse has modern racking systems and forklift truck. It also has a highly sophisticated security system such is the nature of the goods this business handles. The company utilises Quickbooks accounting software as well as necessary computers and phone systems.

Customer Service:

The business prides itself on the levels of customer service it provides and has received many many testimonials from satisfied clients over the years. These exceptional service levels are demonstrated further by the highly impressive retention levels the business enjoys and the blue chip clients it can call regulars.
The business is a member of Greater Manchester Chamber Of Commerce.

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.

The business has enjoyed good growth since inception.. Turnover for the current year is circa £522,000, Gross Profits circa £156,000 with adjusted net profits of circa £105,000. The business enjoys high levels of repeat business and referrals and has some very lucrative work in place with prestigious clients. This business represents an ideal investment opportunity with many further growth opportunities.

Property information

Property:

Leasehold

Lease terms:

The business premises are leasehold. The current lease is for 3 years with a one year break. Current rent is circa £24,750 p.a. Rates are circa £9,830 p.a.

Location:

The business is ideally located on a prestigious distribution park that claims to be the most secure estate in Europe. It is very close to the motorway network. The business premises are leasehold. The current lease is for 3 years with a one year break. Current rent is circa £24,750 p.a. Rates are circa £9,830 p.a. The premises comprise some 5000 square feet of space. This facility utilises modern racking and forklift truck. There is an office area, toilets and kitchen.

Other information

Expansion potential:

This business has enjoyed impressive growth since inception and this trend is expected to continue for this dynamic and forward thinking company. Demand is strong and the company has capacity to handle more work and provide additional services including storage, siting and even installation of equipment.

Competition / Market:

The business does very little in the way of advertising and marketing such are the levels of referrals and repeat business it enjoys. It does have an informative website and a small company brochure but would benefit from further proactive marketing.

Support & training:

The current owners would be happy to provide full training and support at handover and consider staying on for an agreed period of time after the sale if so required, subject to negotiation.

Reasons for selling:

The vendor is looking to emigrate.

Trading hours:

Monday – Friday: 0800-1730 (Office)
All other times diverted to mobile phones