Asking price: £495,000

Sales revenue: £728,000

Net profit: £115,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 1998, this business specialises in household domestic removals and storage.
The company operates a fleet of eight liveried vehicles equipped with tie-rails, load bars, ramps and experienced working drivers who will assist with the loading and unloading at each destination.

In addition, the business has 226 containers for storage the business can provide any type of removal service required from a light van and man service to a full Packing, Removals and Storage service.

The business can arrange for a removal surveyor to visit a property and give advice to customers in person. They are members in good standing of both the National Guild of Removers and Stores and the Road Haulage Association and can guarantee a completely professional, competitive and efficient service from start to finish.

Equipment:

Unlike many of its competitors, the company has converted all removal vans to environmentally friendly LPG in advance of the introduction of London's low emission zone. The business is fully computerized with QuickBooks used for finance.

Customer Service:

Personal involvement of the owner has ensured that this is a successful modern day company that prides itself on its excellent service, efficiency and competitive prices.

The business is efficient and reliable 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 key strength of this business is that work is always available ensuring significant annual turnover. The company receives consistent and regular work and has been on form financially over many years, well positioned for strong future growth.

Key Opportunities:

The business offers scope for development in many areas. Initially a new owner could consider extending expanding on the company’s reputation and more aggressive promotion through the Internet.

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 £728,000, generating a gross profit of £300,000. The net profit of the business is £115,000. The net asset value is £32,000 (Containers) plus vans worth £65,000.

Years established: 1998

Employees: The business currently employs four full time Drivers, three Porters as well as eight Drivers on a part-time basis.

Trading hours: 9.00 am – 5.00 pm Monday – Saturday.

Relocatable: This business can be relocated.

Property: Leasehold

Location
This business is fully re-locatable; therefore no premises are included in the sale price.

Expansion potential
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market
The business currently advertises through Yell.com and has two informative and comprehensive websites, detailing all products and services.

Support & training
Full support and training will be provided to the successful purchaser.

Reasons for selling
The current wishes to pursue other business interests following the sale.