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8379WR PREMIER HAULIER £3,500,000

Asking Price: GBP 3500000
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Business Location: United Kingdom » Worcestershire » WORCESTERSHIRE 
Category: Services » Travel & Transportation Services
Description:
Advent Business Sales are delighted to offer to the market this extremely well established and respected haulier, which was established in 1986 by our clients.

The business operates as a haulier and delivers to many destinations throughout the UK and with occasional trips into Europe

Our client has achieved an enviable reputation by providing a next day service on behalf of its customers.

Our client is more than happy to assist the buyer during a handover period and effect the required introductions to the customer base.

This will have the effect of more than doubling the current turnover and should result in net profits being earned at the rate of £1 million per annum.

It has been intimated from a major blue chip client that our clients form a major part in their expansion plans and it is envisaged that within the next year an additional 26 full time drivers will be required. Once the business achieves this level of turnover profitability should be in the region of £2 million per annum.

The acquisition of this premier haulier could suit an existing major operator seeking to bolt on a well maintained fleet, together with loyal staff and a ready made customer base or a committed investor with haulage experience who will take this outstanding business to the next level.

Early viewing is strongly recommended.

STAFF DETAILS
Our vendor is supported by 9 very reliable drivers, who have been with our clients for many years and by 7 self employed drivers. These numbers are however, due to expand very shortly to 12 employed drivers and 12 self employed.

TRADING HOURS
As required by customer
Financial Information:  
Annual gross sales: (GBP) 2000000
Yearly Revenue: (GBP)
Total yearly sales revenue
2600000
Net Profit: (GBP)
Total profit before taxes
1400000
General Information:  
Business Area: The business is currently run from home but due to its rapid expansion it has very recently committed to a 12 month lease on a 4700 sq ft premises. In addition, it rents a local area for the safe parking of the vehicles overnight.
Year Established: 1986
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 16
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