Asking price: £1,500,000

Sales revenue: £200k < 500k

Net profit: £100k < 250k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Formed out of a family business dating back to the early 1980’s this company has been operating independently for the last eight years. Based on its present one acre, leasehold site in East London, this company runs a fleet of fourteen owned vehicles mainly specialising in bulk tipper movements and container transport, working for some of the biggest names in Aggregates and Food. This business takes full advantage of its ideal location ferrying product to and from factory gate to the easily accessible docks.
The company has a reputation for efficiency, professionalism and high safety standards but above all reliability – always there on time and always striving to get the job done.
Its entire fleet of low maintenance vehicles are all owned. Its drivers are renowned for their experience and professional attitude.
This company is well established and highly regarded amongst its Clients. Virtually all its work is repeat day in day out business. With a consistent base of satisfied Clients providing a better than average financial performance, even without any new initiatives from a new owner this company will undoubtedly provide significant returns on investment for some time to come.

For more information click "Contact Seller" on this form and follow the online process

Location
Covering approximately 1 acre, the secure site comprises an office, workshop and sufficient parking for all of its vehicles. The site is in an area that has undergone considerable inward investment and re-development, a process that continues apace. As such it has good access to the national motorway network but most importantly to the depots and ports associated with its customers.

Expansion potential
The business has grown rapidly to the fourteen-vehicle fleet it operates today. This growth has only been possible because of its reliability in meeting the demands of its customers. This business prides itself on always being available, being on time and getting the job done. Key Opportunities: This business has significant growth potential. Consistently operating at capacity with regard to its current fleet, turnover could be greatly increased by adding more trucks and trailers. There is certainly the opportunity to increase turnover with at least one very substantial customer. The owner of this business also believes that one other customer will outsource all of its haulage requirements in the not too distant future offering further potential for increased business. Quality Assurance: This business has no contracts in place for any of its customers, having traded purely and simply on its reputation since it began. Having worked with its current Clients for the periods that it has there is no better assurance of quality.

Competition / Market
This company operates well as an independent, with a proven strategy to differentiate itself from its competitors by offering reliability and professionalism in all that it does.

Support & training
Full business familiarisation and handover will be provided by the owner to ensure a smooth transfer of the business. It is considered that this will be a relatively simple event due to the appropriate measures being in place to ensure its continued success.

Reasons for selling
Having spent a considerable amount of time and energy building the business up to its present level, the Owner now wishes to enjoy the benefits a sale of the business would provide.