Highly Profitable Franchised Parcel Carrier For Sale - North Yorkshire, United Kingdom

Sales revenue: £205,000

Net profit: £50,000

Fixtures value: £50,000

Business description: The parcel carrier business is based in a highly desirable part of North Yorkshire with a high volume of businesses within the franchised area.The business is in a very strong financial and operational position as it has a high collection/delivery ratio and therefore does not carry a high degree of fixed costs. The business has has in the region of 25 to 30 regular trading accounts and has seen solid year on year growth within the business. The franchised network has been established for 20 years and the current management team have ambitious growth plans for the network. The business could be relocated within a 15 mile radius of its current location. As the business is now non-core there will a great deal of flexibility on the price

Years established: 20

Employees: 4 plus 1 part time

Trading hours: 7.00am to 6.30pm Monday to Friday

Relocatable: This business can be relocated.

Franchise terms5 year renewable franchise agreement

Property : Leasehold

Lease terms: annual rolling lease

Location: Highly desirable and newly built industrial estate not far from the A1

Expansion potential: Further potential through more utilisation of the sales team provided by the franchisor.The industrial estate where the business is located is also expanding year on year so potential to win more business from new businesses moving onto the estate

Competition / Market: There are a number of competitors within the parcel carrier industry.

Support & training: Full handover will be undertaken

Reasons for selling: this is now a non core business as I have investments in a number of other businesses therefore there will be great deal of flexibility on the price