Well Established Same Day Next Day Delivery Company For Sale

Business description

WELL ESTABLISHED SAME DAY NEXT DAY DELIVERY COMPANY
52,000 sq. ft. of warehousing with bespoke racking
10 year agreement with the blue chip organisation
Good mix of vehicles from articulated to 7.5 tonne
Based in a prime location in Buckinghamshire
£2,500,000 turnover with high GP margins
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this quality express delivery company. The business has been in the careful hands of our clients since 1985 and are now only putting the business to market due to their desire for retirement.

Since our clients took over the business, they have fully refurbished the trading area to a very high standard throughout giving the new owners a true walk in and trade business opportunity. The business is run by our clients with the help of some 40 staff producing a very healthy annual turnover, currently running at £2,500,000 at a gross profit margin of 24%.

The business is a member of the Pallet Ways Organisation and has a 10 year agreement with 9 years left to run. The other side to the business is to store and redeliver products for some of the big high street names. The warehousing has been totally upgraded to accept double height trailers and has bespoke racking for storage.

The business operates with a mix of their own and leased vehicles. The company has 2 x 17 tonne vehicles, 2 x 26 tonne vehicles, 2 x 7.5 tonne vehicles and a mix of vans. The company concentrates on next day and same day delivery patterns also with chilled distribution capabilities.

Meridian Business Sales recommend early viewing so as to appreciate the unique opportunity to purchase a high quality and growing storage and distribution company.


Accommodation

The company operates from a 52,000 sq. ft. modern warehousing unit located in a prime location. Briefly comprising:

Enter via the main door into a reception area. Off the main corridor are the spacious offices that are in good decorative order and over two floors. The offices are currently being used for a reception office, managing directors office and board room, administration office, traffic office, staff room plus a full open plan first floor office. In addition there are ladies and gents toilets. The warehouse has a hardwearing painted floor and a range of modern and bespoke racking for pallet storage. The building has just undergone a modernisation program to the loading bay doors that are situated at the rear of the building accessed by a side supply road. The doors have been given greater height to be able to accept double deck trailers.

External
Ample parking for staff cars and overnight parking of delivery vehicles.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 4 years
Review: 5 years
Rent: £206,000pa

Location:

The company is located in a prime trading location in a popular and thriving city in Buckinghamshire. The city offers a good mix of quality and affordable housing mixed in with some of the biggest industry names from where the company draws its business.

The area also offers high quality shopping malls and a large number of recreational facilities such as bars, pubs, restaurants, theatre and an up and coming football team with a quality stadium. The central location of this city provides easy access to neighbouring cities and also provides superb road links via the M1 motorway to the South and North of the country.