| | | GP144 -SOUTHAMPTON-£ 800,000-LOGISTICAL MOVEMENT OF CONTAINERISED UNITS | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 289,676 TIME(S)
BUSINESS REFERENCE : GP144 / RightBiz | | | | | | Logistical Movement of Containerised Units Ref.GP144 Location Southampton Asking Price £ 800,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Motor & Transport | | SALE: | Agent Sale | LEASEHOLD: | ££ 800000 | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
This business was established in August 2005 and has grown rapidly to its current turnover of circa £900,000 per annum, with high levels of profitability. It is ideally located inside the busy dock yard area of Southampton, one of the country’s busiest container ports. Since its formation this business has achieved steady growth and has gone from strength to strength, having rapidly gained a reputation for a fast, reliable and cost effective service. This business has achieved a profit in every year of its operation.
This business provides an impressive array of distribution services, primarily serving the containerised sea freight industry, specialising in the logistical movement of containerised items from abroad to the UK, or from the UK to abroad. They have an Enhanced Remote Transit Shed (ERTS), providing a full service to their customers.
What sets this business apart from its competitors is the sheer professionalism of its knowledgeable and experienced team. Offering a very personal service – this business treats each and every customer with the same attention to detail – no matter how large or small.
They are able to offer a full range of services:
• Export Container Packing - collecting an empty container, pack and return to the quay. Customs clearance can be arranged and standard shipping note completed / submitted.
• Import Container Unpacking – collecting a loaded container, unload and resituate. If required, unloading to specific requirements, for example, labels facing a certain way, sorting by type, shrink wrapping, building pallets to a certain height.
• ERTS Containers - the warehouse is an Enhanced Remote Transit Shed (ERTS), HM Revenue & Customs have approved us to unload and store consignments that have not yet cleared customs.
• Local, National and Merchant Haulage – using their transport network to deliver cargo anywhere in the UK. With careful planning to ensure deliveries arrive on-time and safely, whilst keeping rates competitive.
• Storage & Picking - both short and long-term storage solution. Stock can be picked and packed as per order. They can also arrange storage of bonded goods.
• Stock Rework - following instructions to rework any product to be as flexible as possible and to ensure they give and stick to quoted costs and timescales.
With a turnover due to break the £1 million barrier in the near future this is an excellent opportunity to acquire a very well established freight logistics operator with significant growth prospects.
Customer Service:
The company's track record is impeccable with all customer requests managed by a team of dedicated transport professionals hand picked for their skills and dedication. The systems and the personnel put in place by the current owner has ensured that this is a successful, dynamic company that prides itself on its excellent service, efficiency and competitive prices, moving anything, anywhere at any time.
The business has grown steadily through planned growth with a loyal customer base attracted by its reliability in meeting their demands.
Key Strengths:
Professional, operating in an industry where reliability is paramount this business does everything it promises – delivering on time every time. The overriding philosophy of this business is ‘never to let customers down’, a philosophy that is ingrained throughout the entire organisation and the cornerstone of the excellent reputation this business has established for itself throughout its years of operation.
With a freehold depot very close to one of England’s busiest ports for freight, ample room for expansion and in a rapidly developing area this business is ideally located, particularly situated to serve the containerised industry.
Well run, with superb management systems and an excellent second tier of management particularly with regard to Business Development, an area that has been a particular focus over the most recent period of time, this business offers a very sound foundation on which to build for substantial future growth.
Growth and Expansion:
The Company maintains an extensive base of satisfied customers, business continues to grow, and with additional staffing and further promotion within the appropriate market sectors, would offer this financially attractive business even more upside potential.
Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.
Key Opportunities:
Being close to retirement the owner is aware that he could be busier if he chose to do so. As he doesn’t have the necessary staff to increase business dramatically and does not have the desire to enter the financial commitments necessary to do so, he is currently turning large levels of business away. A new owner with the necessary capital resources to facilitate this extra business could rapidly increase business levels and turnover in this market place.
Based in a busy dockyard and with Customs holding facilities and an ERTS shed there is significant opportunity for growth and the considerable operational and financial benefits that would accrue as a result.
Equipment:
There is an Artic lorry, a forklift truck, a Sprinter van, a 7.5 ton lorry and a container ramp, as well as all fixtures and fittings in the warehouse and in the offices. The business uses Sage accounts and has customised speradsheets.
Premises:
Located in the busy port of Southampton there is 12,000 square feet of warehousing with a 10,000 square feet yard all with fencing and alarms. Being inside the port area the business is fully secure, with 24 hour security on the dock gates.
Business Hours:
Monday – Friday: 8.00 – 4.00
Advertising and Marketing:
This business benefits greatly from the most cost effective form of marketing, word of mouth recommendation. With little advertising the owner is aware that a more active sales and marketing campaign, including the re-designing of the website, would certainly improve sales and profitability and will increase its market exposure and revenues. The implementation of some form of database management would also ensure the business fully maximises the opportunities its large customer bank represents.
Financial profile:
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.
Sales revenue is circa £900,000 per annum with net profits of circa £135,000 per annum and assets circa £30,000 and the vendor feels that with a greater focus on sales and marketing combined with existing growth patterns the business could dramatically increase its revenues.
Employees:
In addition to the three director’s there are three full time employees, 2 in the warehouse and 1 driver, with a self employed shunter available as required.
Support and Training:
The owner will provide a handover period and is happy to provide ongoing support thereafter; however the other 2 director’s are prepared to continue working with the company, if required.
Reason for Sale:
This is a genuine retirement sale. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GP144 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
