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Logistics provider for reusable recyclable plastic and wood transport packaging
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this long time established business which provides supply chain management of reusable transport packaging.
The company offers a total supply chain management solution for reusable packaging distribution systems. They provide a comprehensive service for clients who take advantage of reusable packaging and work in conjunction with their customers’ strategy on waste reduction and environmental objectives. Bespoke packaging solutions.
Customer service is paramount and is borne out by very long standing relationships with a loyal and trusting customer base.
A totally unique service across the UK and Ireland. The only company of its kind.
Note: There is currently a £360,000 annual spend on haulage and £91,000 depot annual rent. This could make the business an attractive acquisition possibility to an existing haulage company with existing premises.
The issued share capital of the company 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 c. £1,200,000
Gross profit c. 43%
Net assets c. £109,000
Adjusted net profit c. £182,000
The company is currently midway through a 3 year lease with an annual cost of £91,000.
A 10,000 sq. ft. warehouse and approximately 1,500 sq. ft. of office accommodation. The outside yard area is approximately 50,000 sq. ft.
All growth has and will continue to be organic.
Zero advertising spend.
The current owners would be happy to provide full support at handover.
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