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BUSINESS REFERENCE : GP122 / RightBiz GP122-EAST LONDON-£92,000-SHIPPING AGENTS & FREIGHT FORWARDING COMPANY | | | | | | Shipping Agents & Freight Forwarding Company Confidentially offered for sale Ref No: GP122 Location: East London Asking price: £92,000 | | | BUSINESS LOCATION: | Undisclosed London UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £92000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business is a specialist freight forwarding company, specialising in air and sea world cargo to Ghana, Nigeria, Sierra Leone, Zimbabwe, Cameroon, South Africa and several other African destinations. The business also provides a courier services for numerous destinations.
Whilst predominantly based in London, UK, the company has agents in Ghana, Nigeria and other African countries allowing them to oversee cargo at every stage. There is a great need for dependable transportation of goods to and from Africa and this business is capable of ensuring goods are shipped reliably. The company offers weekly, full or part (groupage) container service and is cheapest for car, van and truck shipping.
Equipment:
The business is fully computerised with all clients’ information stored on a comprehensive database. Quickbook is used for invoicing.
Customer Service:
The success of the Company is due to the rigorous infrastructure that supports the whole of the business operation. This business is big enough to provide customers with the support and speed of response they need without it costing the earth, yet small enough to deal on a personal and friendly footing.
Key Strengths:
This is a competitive market that demands a keen pricing strategy, however the level of personal attention given to each client is above the norm and as such clients are rarely lost once they become regular customers.
In addition the staff are well aware how important effective interpersonal skills are and the key driver takes significant pride in building a rapport with the commercial contacts.
Growth and Expansion:
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.
Key Opportunities:
There is a massive opportunity to expand its present area of operation and to effectively use mail shots, fax shots, and e-shots to stimulate prospective customer activity. All of which is easily outsourced and cost effective.
Employees:
The business is owner run with two full time Loaders and Packers. Part time staff includes three Loaders and Packers and all sub contracted transportation.
Advertising and Marketing:
The business has invested heavily on advertising since inception. Current advertising includes through African TV and Radio. The business also has an attractive and informative website, detailing all products and services.
Premises:
The business is operated from leasehold premises with an annual renewable lease. Annual rent is charged at £11,800, with rates charged additionally at £3,000. The property measures circa 500 square foot in total arranged by large storage plus office and car parking.
Business Hours:
Monday – Friday 9.00 am – 5.30 pm
Security:
Based in East London with 24 hour gated security.
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 £212,559, generating a gross profit of £50,000.
Reason for Sale:
The current owner is going abroad following the sale of the business.
Support and Training:
Full support and training will be provided to the successful purchaser | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GP122 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
