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BUSINESS REFERENCE : GP091 / RightBiz MAJOR LOGISTICS, WAREHOUSE AND DISTRIBUTION COMPANY | | | | | | Major Logistics, Warehouse and Distribution Company Confidentially offered for sale Ref No: GP091 Location:South Coast Asking Price £900,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Transport & Distribution | | SALE: | Agent Sale | LEASEHOLD: | £900000 | | | | | | | | | | | BUSINESS DETAILS: | This franchise business was purchased by the present director six years ago. His industry experience has enabled the business to achieve double didgit growth in every financial year since and the company continues to out perform the majority of its competitors. The operation has set standards that are nationally recognised and the business is now used as a training depot and centre of excellence by the franchisor.
The business handless any item from one kilogramme up to pallet loads and collects these items from anywhere within the franchise terratory in its fleet of Mercedes Sprinter vans. Items are delivered back to the main base and then despatched by heavy goods vehicle to the National Central Hub for onward delivery. Sixty per cent of the top one hundred companies in the county are clients and the company can boast a database of over one thousand six hundred customers.
The company also operates a full warehousing facility covering circa eight thousand square feet. This fufills a storage, pick and pack and despatch operation and has approximately fifteen clients from large corporates to sole traders and E Bay power sellers in need of storage space, pick, pack and distribution facilities.
Technology
The management team has invested heavily in technology and this provides a leading edge when negotiating with prospective clients and subsequently delivering its performance objectives on a day to day basis. The system provides on line tracking with consignment visibilty in real time. The client and the company can therefore access precise information as to delivery schedules which facilitates effective management for both parties and creates a commercial atmosphere of complete trust. The next generation of technology will be capable of pre planning pick up schedules from package bar codes and down loading them to Sat Nav systems for added time territory management efficiencies.
Customer Service:
This area has been key to the success of the business. As part of the franchise package the business is supplied with a regional sales manager whose brief it is to gain new clients for the business and to service the requirements of the existing customer base. This individual works closely with the chairman who is also extremely active in carrying out joint canvass calls to prospective customers. The top twenty-five clients are visited personally on a four-week cycle, this level of commitment to customer service ensures superb client relationships, excellent communication levels and stable trading relationships. This inevitably results in strong referral levels.
Key Strengths:
Part of a national high profile logistics franchise
Excellent franchise support
Unique invoicing process negating the chance of bad debt
Good cash flow.
On site warehousing, third party logistics solutions
Growth and Expansion:
The business continues to grow at between ten and fifteen percent per annum and the regions have the capacity to produce more volume.
The introduction of route pre planning and delivery schedules will have a positive impact on overheads, as would the complete amalgamation of the two existing areas on to one balance sheet.
The availability of additional franchise areas would give instant turnover, cash flow and growth potential.
E Commerce stock solutions is a key growth area.
Employees:
The overall business has thirty employees.
Logistics Operation One
One M.D.
One Non Exec Dir
One Finance Dir
One Operations Supervisor
Three supervisors
Twelve Drivers
One Customer Services Manager
Two Administrators
Logistics Operation Two
One Depot manager
One Customer Services Manager
Five Drivers
Warehouse Team
One Logistics Co coordinator
Two Pick and pack operatives
One Driver
Advertising and Marketing:
All advertising and marketing activity is the responsibility of the National Franchisor. They supply a sales team, and national advertising activity that has played a major roll in the development of this company.
Premises:
The present lease runs until 2009 and covers offices of circa one thousand six hundred square feet at an annual rental of £8000 (£5.oo per square foot). Part of the offices has been sub let to two smaller businesses.
The warehouse covers eight thousand square feet at a cost of £5.00 per square foot until 2009. Thereafter the price rises to £6:00 per square foot until 2014. The warehousing contains five hundred pallet positions.
Financial Information:
All financial information will be made available under the auspices of Turner Butler and subject to signed letters of confidentiality. The combined operations enjoy a turnover of £1,175,000 per annum
Reason for Sale:
Having built this successful business to its present market position the key director now wishes to take some time out to spend time with his family and to consider a range of commercial opportunities.
Support and Training
There will be a full and professional handover of this operation for a period to be agreed as part of the overall negotiations. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GP091 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
