Total of 18754 firms and businesses for sale today Tuesday 12th November 2019
Time to Sell Your Business? List your Business for Sale with www.firmsforsale.co.uk. Login now!
Finance And Services:

Sold. Sub Contract Transport & Logistics Company

LISTING DETAILS
Firms For Sale ID:
34868
Vendor reference:
GP225
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£100,000  
Turnover / revenue:
£360,000
Net profit / cashflow:
Undisclosed
Years established:
4
Trading hours:
Monday Friday: 09:00 18:00
Number of employees:
11
Employees / staffing:
The vendor is supported by: 6x Self employed, full time drivers, including 1x HGV driver 5x Self employed, full time crew All staff are highly experienced and a real asset of the business.

OTHER DETAILS
Reason for selling:
The vendor wishes to concentrate on his other existing business and does not believe that he has the time available to commit to the potential of this company.
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Sub-Contract Transport & Logistics Company
Ref. GP225
Location : Greater London
Asking Price : GBP 100,000
This business was set up by the vendors over 4 years ago and has grown rapidly in that time to become well established and profitable. While beginning as a removals and storage company, the business quickly developed good commercial contracts with main contractors for transport and logistics; forming a vital part of the broader services offered by their clients.
This change led to the current trading conditions where the business engages in only ocasional removals and is now almost exclusively a transport and logostics company with well embedded client relationships. The majority of clients are institutional and corporate.
The services are backed by a roster of highly reliable drivers, one driver is owner/driver, the other 5 vehicles are owned by the company, who are well motivated and back up all of the reliability and trust claims that the Vendor relies upon when dealing with clients and their time critical deliveries.
The business is very sucessful and highlights include:
Loyal long term clients
The business has been around for over 4 years and is a solid repeatable business opportunity
The business has untapped potential and is highly scalable
Competitive pricing
Solutions to complex requirements
Very strong referral rates among lients
The business is managed by the Vendor who has implemented a very efficient management system for detailing the terms of each days and weeks jobs to drivers. Staff and contractors are fully conversant with the business techniques and methodology and are more than capable of enabling the new owner to successfully maintain continuity of trading.

Expansion Potential
The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The business, while profitable and successful, has been run in more recent times in line with the vendors personal wishes and by their own admission the clearest opportunity to grow the business would be by simply agreeing to the level of demand that the company enjoys by adding drivers and also extending geographic reach.