Independent Heavy Goods Transportation Services | | Undisclosed Kent | | Independent Heavy Goods Transportation Services Confidentially offered for sale Ref No: GP096 Location: Kent Asking Price: £675,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 5965
ADVERT IMPRESSIONS : 85,911 TIME(S) | | | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Transport & Distribution | | SALE: | Agent Sale | LEASEHOLD: | £675000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
The business was established in 1990 to provide professional transportation of non-hazardous goods of deep-sea containers. The business is expert in transporting for freight forwarding agencies, shipping agencies, shipping lines and importers.
The business delivers a professional, cost effective and friendly service to its loyal customer base and has an excellent reputation for fulfilling all requirements. Staff are extensively trained and highly skilled, with many years on-the-job experience and ensures that clients’ individual needs are met, and close attention to detail is maintained.
From collection and transportation of this order, the business is relied upon to manage all logistics activity following a shipment through all steps in the supply chain until final delivery.
Key assets remain consolidated in long-established customer relationships that have created a well-defined customer base with constant repeat sales; also is the management of a small loyal team of drivers and vehicles.
The business offers competitive rates and service to and from all worldwide destinations.
Equipment:
Administrative systems have been implemented to provide the required technology for a modern and efficient business.
Customer Service:
The business considers simply that contented customers stay loyal and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness. The results of this commitment are evident in the degree of return custom and the choice of this business by new customers over competitors.
The business has built up an extensive client database that covers a wide area and services many industries. The business has a healthy balance of contract and account clients.
The business also benefits from membership of the Road haulage Association which provides dedicated campaigning, advice, information and business services specially tailored for the haulage industry and also uses its buying power to negotiate exclusive savings on a range of key haulage services, saving Members time and money.
Key Strengths:
The business is an organisation where the vendor has, over time developed and nurtured a team capable of overseeing business operations effectively, reducing the need for constant input from the vendor. This has resulted in customer relations founded on a history of trading satisfaction and not contingent upon the relationship with the vendor.
The business is well established and profitable, with a strong and growing customer base, retaining a high level of return custom; a great many of whom having done so on a regular basis and for many years.
The company has earned an outstanding reputation for its honesty, service, reliability, casual and open customer experience, excellent quality and highly knowledgeable and experienced staff.
Growth and Expansion:
The current market for this business’s products is stable 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:
This is an outstanding opportunity to build on the existing business levels and customer base of this company; current financial performance indicates a net profit contribution to an acquiring enterprise of circa £1,300,000 excluding VAT.
With a strong demand for this business’s services, combined with a capacity to increase floor area and turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
This business maintains an extensive base of satisfied customers, who appreciate the company’s superior products and service. There are many excellent avenues for growth, especially with investment in marketing including advertising where the business has lacked in its aggression in the past.
Employees:
The business employees a total of ten staff including the owner, consisting of seven drivers and three administration staff.
Advertising and Marketing:
The business has used limited advertising in the past and there are excellent opportunities to increase this and to introduce an Internet presence to market the business more aggressively and to significantly increase turnover.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
Premises:
The business operates from leasehold premises in Kent, with the lease running on a three monthly basis. Rent and rates are to be confirmed.
The premises consist of an office, a workshop and store, kitchen and wc facilities. Outside there is trailer parking space for eleven vehicles.
Business Hours:
7.00 am – 7.00 pm Monday to Friday.
Security:
Security guards patrol the premises from 6.00 pm – 6.00 am Monday – Friday.
24-hour security is in operation on both Saturdays and Sundays.
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.
The business is financially stable with low borrowings, low overheads, positive cash flow, good gross and net profit and has shown consistent growth over 17 years of trading.
Sales revenue is circa £1,300,000 per annum with Gross profit circa £289,000 and a net profit of £63,000.
Reason for Sale:
This is a genuine retirement sale due to the ill health health of the vendor.
Support and Training;
Full support and training will be provided to the successful purchaser | | | | | | FOR SALE | | | | | REFERENCE: | GP096 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
