Well Established Same Day Next Day Delivery Company | | Undisclosed Buckinghamshire | | WELL ESTABLISHED SAME DAY NEXT DAY DELIVERY COMPANY 52,000 sq. ft. of warehousing with bespoke racking 10 year agreement with the blue chip organisation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59612
ADVERT IMPRESSIONS : 14,561 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Courier Services | | SALE: | Agent Sale | LEASEHOLD: | £900,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | WELL ESTABLISHED SAME DAY NEXT DAY DELIVERY COMPANY
52,000 sq. ft. of warehousing with bespoke racking
10 year agreement with the blue chip organisation
Good mix of vehicles from articulated to 7.5 tonne
Based in a prime location in Buckinghamshire
£2,500,000 turnover with high GP margins
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this quality express delivery company. The business has been in the careful hands of our clients since 1985 and are now only putting the business to market due to their desire for retirement.
Since our clients took over the business, they have fully refurbished the trading area to a very high standard throughout giving the new owners a true walk in and trade business opportunity. The business is run by our clients with the help of some 40 staff producing a very healthy annual turnover, currently running at £2,500,000 at a gross profit margin of 24%.
The business is a member of the Pallet Ways Organisation and has a 10 year agreement with 9 years left to run. The other side to the business is to store and redeliver products for some of the big high street names. The warehousing has been totally upgraded to accept double height trailers and has bespoke racking for storage.
The business operates with a mix of their own and leased vehicles. The company has 2 x 17 tonne vehicles, 2 x 26 tonne vehicles, 2 x 7.5 tonne vehicles and a mix of vans. The company concentrates on next day and same day delivery patterns also with chilled distribution capabilities.
Meridian Business Sales recommend early viewing so as to appreciate the unique opportunity to purchase a high quality and growing storage and distribution company.
Tenure
Leasehold
Original length: 10 years
Remaining: 4 years
Review: 5 years
Rent: £206,000pa | | | | | | FOR SALE | | | | | REFERENCE: | 1774 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
