| | Established Haulage Company CoveringTthe UK And Europe For Sale | | Seller ref: GP151
Advert ID: 880038 | | | Heathrow, London, United Kingdom | |  | | Financials | |  | | Asking price: | £265,000 | | Sales revenue: | £439,000 | | Net profit: | £67,000 |
| | | | Business description | | Established in 1995 this husband and wife team have built a successful haulage business based on quality service, reliability, on-time delivery and value for money. The business delivers general haulage and has established itself as an expert in providing same day deliveries across UK and Europe.
Offering a secure, on-demand, collection of general item delivered same day, to anywhere in the UK and Europe. The business has an experienced team of dedicated drivers, who are able to react immediately, day or night to customer calls. The business is licensed for 6 lorries and offers a fast response time to maximise efficiency and productivity which also ensures complete customer satisfaction at all times.
This Company has been built on very firm foundations, with a good level of on-going business and has stayed with long term customers, growing with them and increasing capacity to match their requirements. The success of the business relates to its commitment to delivering an excellent service. The Company has built its reputation by specialising in time sensitive deliveries and value for money, as a result the business engages in a high volume of repeat business with high quality core clientele.
With an excellent turnover and high profits this business represents a significant and attractive opportunity for a new buyer wishing to invest in an established name with lots of potential to grow.
Equipment:
The company utilises a modern fleet of vehicles including:
• 1 x 34-ton Artic Truck
• 1 x MAN 12-ton tail lift
• 1 x MAN 7.5-ton
• 1 x MAN 7.5-ton box with tail lift
• 1 x sprinter van
• 1 x ford connect van
Technology
All administration and accounting functions of the business are completed by Sage Accounting and Payroll software
Customer Service:
The company’s track record shows an impeccably reliable pattern, all customer requests are covered from under one roof by a team of dedicated transport professionals. The company prides itself on its excellent service, efficiency and competitive prices, at any time. The business is efficient and reliable in keeping the promises to its customers, being on time and getting the job done. The company is committed to providing a quality service operating to the highest industry standard.
Key Strengths:
The business is very well established and consistently profitable, with a strong and growing customer base, retaining a high level of return custom. The business has built an excellent reputation which is based on top quality service, reliability and flexibility. Steady growth has spread through word of mouth recommendation, which demonstrates high levels of customer satisfaction.
Key Opportunities:
There is an excellent opportunity to build on the existing base of this company. The firm maintains an extensive base of satisfied clientele, who appreciate superior service. There are many excellent avenues for growth, especially by building on the existing platform and incorporating a business website to further expose the business.
The business has not used any form of marketing in the past so there is an excellent opportunity to introduce a stronger marketing and advertising strategy to increase turnover and to build on the existing base of satisfied clientele, to grow with new enthusiasm
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.
Turnover for the financial year ending June 2008 was circa £439,000 generating gross margins of circa £171,000 and an adjusted net profit circa £118,000. |
| | | General information | | | Years established: | 1995 | | Employees: | One of the owners works full time in business and is supported by two full time drivers. |
| | | Property | | | Leasehold | | Lease terms: The property is on a 5 years lease, expiring on 18th Nov 2010. The annual rent charged is £28,000 per annum with rates payable of circa £9,000 per annum. |
| | | Location | | The prominently positioned premises comprise of an office, an extensive yard and ample parking space for the fleet of vehicles. The site has transit storage available in the form of approximate 3,600 square feet warehouses to ensure goods are kept dry during any transit period. The premises are well maintained, secure and conveniently located, with excellent transport links.
The site is near Heathrow and close to the M25, M4, M40, and prominent North circular road. The site has excellent potential for further expansion in the future.
The property is on a 5 years lease, expiring on 18th Nov 2010. The annual rent charged is £28,000 per annum with rates payable of circa £9,000 per annum. |
| | | Competition / Market | | | The high profitability of the business is a result of repeat business and strong word of mouth recommendations, bearing strong testimony to the high reputation the business enjoys, and the extent to which its name is known throughout the industry. |
| | | Support & training | | | Full support and training will be provided. |
| | | Reasons for selling | | | The Vendors wish to realize their investment in the Group to focus on the development of other business interests. |
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