| | General Haulage Company In Essex For Sale | | Seller ref: GP120
Advert ID: 893968 | | | Essex, United Kingdom | |  | | Financials | |  | | Asking price: | £950,000 | | Sales revenue: | £2,000,000 |
| | | | Business description | | This successful and effective road haulage company was established in the 1960’s, and has been under present format sine 2006. The business specializes in both day and night deliveries of newspapers for main print groups, dock and container. Based in Essex, this business has grown to become a major haulage operator dedicated to the effective principles of quality and reliable service.
The business operates a comprehensive fleet of sixteen vehicles that meet customer requirements with ease. This is a very busy and highly competitive operation that has a tremendous capacity for hard work and determination to maintain the lucrative on going contracts. The firm operates a European haulage service from the docks in the UK to various destinations across the country, goods arrive from mainly Belgium and Holland. The company also provides a transport service to the building trade and seasonal haulage to the top supermarkets in the country including Sainsbury, Tesco and Asda. The industry experience, technical know-how and comprehensive, reliable infrastructure solves clients' daily distribution headaches.
The company has built an excellent reputation for efficiency and professionalism. Very high standards of service are set and maintained by all staff, mere maintenance of this performance by any new owner over the next period of time will ensure significant returns on investment for some time to come.
Equipment:
The business has 16 vehicles that cover the full range. This is a well-maintained fleet of vehicles that meets the expansion requirements of the Company and is being regularly upgraded. All clients of the business are maintained on a comprehensive database with a separate system used for accounts and invoicing.
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.
Personal involvement of the managing director has ensured that this is a successful modern day company that prides itself on its excellent service, efficiency and competitive prices, moving anything, anywhere at any time.
The business has grown rapidly with repeat daily and weekly business due to its reliability in meeting the demands of 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 road transport industry is vital for the economy of the country as a whole. With further investment and promotional activities this reliable company could certainly take on more work. It currently operates from extensive very secure premises with excellent staff and good working relationships with the customers, with whom it has a monopoly position. The company has consistent and regular work in place for the next twelve months and has all the right foundations. It is well run, has performed well financially over the last period of time and is well positioned for strong future growth.
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.
Annual turnover is circa Turnover exceeds £2,000,000 generating a gross profit of £418,000. |
| | | General information | | | Years established: | 2006 | | Employees: | The business employs fifteen full time driver’s staff consisting of two Directors, 2 night mechanics and a night shunter. | | Trading hours: | 24/7 |
| | | Property | | | Leasehold | | Lease terms: Annual rent is charged at £34,000 per annum with rates charged additionally at £12,000. |
| | | Location | | The business operates from leasehold premises in Essex, with three years remaining on the current five-year lease. Annual rent is charged at £34,000 per annum with rates charged additionally at £12,000.
The yard itself is approximately 0.7 acres, with parking for at least twenty large trailers and trucks. |
| | | Expansion potential | | | There are several avenues for growth, possibly expanding the fleet by purchasing additional trucks and increasing the staff levels to expand into other locations. Strategic promotion of the company throughout the South West side of England and possibly Europe could provide lucrative profits.
With significant demand in the marketplace due to a lack of real local competition, this business frequently operates at capacity. The level of demand is such that there is scope to add additional capacity profitably - even to the extent of doubling the current fleet. |
| | | Competition / Market | | | The business has been built by word of mouth recommendation for high levels of service, reliability and competitive prices. The company would certainly benefit from a web presence to add additional turnover and profits for the Company by targeting this untapped market. |
| | | Support & training | | | Full support and training will be provided to the successful purchaser. |
| | | Reasons for selling | | | The current owner intends to emigrate following the sale of the business. |
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