Back to listings Save

Profitable logistics services company providing palletised transport services

Relocatable
Profitable logistics services company providing palletised transport services Photo 1
Enlarge
Profitable logistics services company providing palletised transport services
  • Status

    FOR SALE

  • Date Submitted:

    03/11/21

  • Advert ID

    285390

  • Asking Price: Price on Application
  • Turnover: £8,500,000 £163,462 Per week
  • Net Profit: £817,000 10% Profit margin

Business Details

Project Hermes Overview - Logistics Services Business for sale, based in the South East.

It is an opportunity to acquire a profitable logistics services company providing palletised transport services throughout the UK.

Hermes are members of both Palletways and Palletline.

The business is ideally located for international freight although currently European freight accounts for only 2% of revenue.

The business operates in an underserved postcode area and as a reults experiences high demand for the company's services.

It is expected to be attractive to alternative pallet networks and national haulage groups.

It is anticipated that the business will be a sought-after acquisition target due to the profitability, desirable location and soon to be out of contract network agreements.

2022 Financial Performance

Turnover: £8.5m

Adj. EBITDA: £1.1m

Reason for sale

The business is offered for sale to facilitate the retirement of the owners. They have reduced their role in the business to that of financial oversight. A management structure has been put in place to facilitate the transition of ownership.

Please note, the founders of the business first sold and then reacquired it in 2013. The owners have returned it to profitability and prepared the company for sale by re-organising the management, substantially improving the profit margins, and reducing the operating costs.

Premises and location

The business operates from a rented yard which also houses the administration offices.

The rent is reviewable annually. There is a 3,500 sqm warehouse used as a transit shed for pallets.

The business has the capacity for 30 vehicles plus 20 HGVs and eight trailers.

Please contact us to request an NDA and request disclosure of further details.

Read more

Key Features

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Rest your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Profitable logistics services company providing palletised transport services ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.