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The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £300,000 pa with a net profit of £180,000 (see financial summary below).
- A business with great potential to expand.
- An easily run operation.
- Good loyal well trained staff.
- A good first time buyers business and ideal purchase for partnership or existing Couriers or Logistic Company.
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides Logistic/Courier service in the UK and Internationally.
History
Phoenix Business Transfer Agents are delighted to place onto the market growing Logistics Business which has been established since 2007. The business has been in the hands of the current owner since 2007 and now wishes to sell due to moving abroad.
Services
This very good business opportunity provides Logistic/Courier services in UK and Internationally.
Staffing
The concern employs 5. The wages are £60,000.
Owners Role
The owner is involved in the day to day running of the business.
Marketing
The owner markets the business on many web sites and has a website.
Competition
As far as competition is concerned there is no other similar business.
There is no local competition
Market
The client base consists of over 300 regular clients and some national account customers.
Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the number of vans on the road.
• Increasing the product line to include larger van and lorries.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.
The present annual turnover is £300,000 with a gross profit of £238,000 and a net profit of £180,000. The wages are £60,000.
The potential turnover of the business within the next 2 years is forecast to reach £500,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
The present annual turnover is £300,000 with a gross profit of £238,000 and a net profit of £180,000. The wages are £60,000.
The potential turnover of the business within the next 2 years is forecast to reach £500,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
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