Document Archiving and Confidential Shredding Solutions Business For Sale Based in Hertfordshire

Overview:

LSR Storage Limited is an impressive concern that has been in the ownership of our client since inception.

The business has amassed a strong reputation and an enviable client list, we offer a purchaser a genuine turnkey opportunity with huge potential for growth.

An ideal acquisition for multiple purchaser types especially a synergistic type operator looking to expand their existing portfolio.

Being in business for over 20 years LSR Storage currently offers a bespoke Document Archiving service throughout Hertfordshire, Bedfordshire, Buckinghamshire and London with an extremely strong and loyal customer base built up in those areas especially Hertfordshire where their facility is currently based.

The Document Destruction Service compliments the current business model and is constantly growing, offering from small to large quantities of confidential paper waste for shredding.

KEY SELLING POINTS

• Well established brand offering which should be attractive to large corporate acquirers

• High customer retention levels

• Proven and successful trading history

• Strategic benefit of acquisition to a synergy buyer

• Potential for growth

This is a rare opportunity for a prospective new owner that would have massive potential to continue this Companies' continued growth and to build on the current strong customer base expanding to take this business to the next level is a clear advantage.

LSRs customers enjoy expert advice based on 20 years of experience – without obligation.

Included in the sale is an active Facebook and also Instagram pages. Also, should a new buyer wish to do so, this business is relocatable.

This rare opportunity for a prospective new owner would be the massive potential to continue this Companies' continued growth and to build on the current strong customer base expanding to take this business to the next level is a clear advantage.

Annual Turnover: £63,500

Annual Turnover Period: Annual

Tenure: Relocatable

Business Established: 2002

Current owner has run this business for: 20 YEARS

Business Sale Description:

Secure document archiving of around currently 5,000 boxes held in a storage facility and confidential shredding services.

Retrieval of files direct to clients offering a bespoke retrieval service.

Collection service of new boxes coming into storage. The business is up for sale as an ongoing concern that will need to be relocated and with a sufficient amount of racking fit for purpose.

Initial training and support by the current owner during the transitional period are included in the cost with the possibility of staying on in an advisory role by separate negotiation.

The current owner is looking to sell to someone who has the desire to grow this business to its full potential as she has plans to enjoy a well earned retirement.

LSR have stood the test of time through covid and have remained strong, proving it's a business which has proven to be a business that can be built on with the potential for massive growth and profit in the future.

Under new Management and Ownership this business will provide a good and substantial model for future growth.

Key Business Information:

• Loyal Custom Base;

• Expansion Opportunities

• Relocatable Business

• Established Business

Accommodation Included: No
 

Potential Growth Opportunities:

With a loyal customer base there is a massive opportunity for expansion and growth within Hertfordshire and surrounding areas. (LSR) also has a small customer base in London, so limiting the business to Hertfordshire is not necessary.

The Confidential Shredding side of the business has massive growth and has been growing considerably every month.

Vendor Open To a Transition Period: YES

Business Sector Type:

Are Company Accounts Available: YES

Management Structure For Business: Run by owner

Number of Staff:

Stock Value: £TBC

Business Sale Asking Price:

£150,000
 

Business For Sale  BB5174- Document Archiving and Confidential Shredding Solutions Business For Sale Based in Hertfordshire