Choose Your Country
X


UK FlagUK
Thu, Oct 17 2019 08:18:08 PM  |  /

UK & International Domestic & Commercial Removals and Warehouse Storage

Business Id:000342     |    Reference: GI047
Freehold Price:
£330,000.00
Business Description

UK & International Domestic & Commercial Removals and Warehouse Storage
Ref.GI047
Location Suffolk Coastal
Asking Price £ 330,000

Work is undertaken whatever the distance using company vehicles and working weekends, if necessary, to meet all the client’s needs safely and efficiently. Run very much as a family orientated business the major percentage of work is from the domestic household sector with a small percentage of commercial work including antiques and fine art.

This business is justifiably proud of its reputation for giving great service and good value.

As such, this business signifies an excellent opportunity to acquire a removals and storage business with a profitable and successful track record, excellent growth and expansion prospects plus a superb reputation.

This business prides itself on its duty of care to clients and the very high quality standards of service it upholds, meeting all the stringent trading conditions required.

The success of the business is based on the professionalism, experience and dedication of its staff. The workforce pride themselves on their unsurpassed customer care, reliability and flexibility, making this business the number one choice for many clients. With highly competitive rates, the business has established an excellent reputation for exceeding expectations and meeting client`s individual needs, ensuring that all commitments undertaken are honoured.

With ongoing demand for services and storage there is an excellent opportunity to build on an excellent brand name. Being established for so long this business is in the enviable position of enjoying consistent organic growth. There is no doubt that bringing the company up to date with a more aggressive approach to sales and marketing could make a huge impact on business turnover and profitability. Marketing aimed at the commercial sector – both storage and removals could impact upon ongoing business considerably.

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.

Turnover is circa £376,888 with Net profit of £22,349 and Net Asset Value of £165,000. EBITDA £66,000.

The Asking Price of £330,000 is for 100% of the issued capital of the company, assuming Net Assets of £165,000 on completion (calculated on a zero cash-zero debt basis

The business works well with using almost zero marketing. There is an excellent website that is well designed and informative showcasing the services and professionalism of the company. Various methods have been used to promote its services in the past including social media/Facebook. Advertising is also taken out in Art Organisations and Art Centres plus company brochures are produced. Direct mailings are sent using mail shots to all current ‘for sale’ properties. Awareness of its services is also achieved with the sign written vehicles and strong word of mouth recommendation creating plenty of repeat business.

The owner owns the freehold so a new annual rent will be negotiated with the purchaser.

Operating from purpose built state of the art warehouse premises of circa 7,000 sq. ft. there is also additional office space of circa 48 sq. metres. The eaves are approximately 8.2 metres high giving plenty of space for containerised and free standing storage. Over 300 purpose built wooden containers can be stacked up to 3 high in the warehouse that has security cameras, steel shutters, motion sensors, smoke and fire detectors and environmental monitoring, meeting all the latest requirements.

Monday – Friday: 8.30am – 5pm - by appointment at weekends

The business is very proud of its staff and unlike many competitors has a permanent team of drivers, packers and porters who have been loyal to the company for many years. All staff are trained in specialist packing techniques and the correct methods of loading removal vehicles. Run under management with little input from the owner staff includes

6 x drivers – 4 HGV and 2 smaller

Occasional part time sub contract staff

The owner will provide any training the new owner requires to ensure a smooth transition of ownership.

Retirement EPC Energy Performance Rating `C` Please contact us for a copy of the EPC if required

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

Business Information
Turnover:£376,888.00 Annually
Profit:£22,349.00 Annually
Property Status:   Freehold
Is this business relocatable: No
Business Sector: Removals/Storage
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:

Related Property