The business are members of a major UK pallet distribution network handling a large part of the North East of England. This membership allows them to collect pallets within their area from customers, transporting them every night to a central UK base. The pallets are then re-distributed and delivered to the end customer. The company is also the North East transport member of a large freight forwarder who specialise in delivering imports and collecting exports across the UK, and who have a central depot working with a similar operational method. The company handles a healthy amount of their own generated business on a daily basis throughout the UK and Ireland.
The business operates from a well equipped site with a bulk fuel tank, warehouse and offices in County Durham, with excellent links to the major motorway networks and main roads. They have a well maintained fleet of fully liveried vehicles including artics, rigids, and trailers plus a full time team of highly qualified drivers. They are members of the RHA and are licensed for thirty vehicles and trailers.
This is a well established and well run business that offers their customers a competitive and efficient service from a first class distribution site in County Durham. Turnover has grown significantly over the past two years with the company benefitting from their associations with the two transport network distribution partnerships. This allows them to fill their wagons on both the outward journey and the return therefore maximising the profitability on each trip. The company has all the facilities and infrastructure to expand over the next few years. This would make a perfect North East hub for an exisiting road haulage company to acquire or simply as a bolt on that has a huge database of regular customers with a well maintained fleet of vehicles.
The owners of the site are prepared to either negotiate a lease or there is the option to acquire the whole circa two acre site.
Support & Training:
The vendors would be happy to help with a smooth transfer of the business in any way possible.
The business operates from a circa two acre site on an industrial area in County Durham close by to both the A1(M) motorway and the main A19 trunk road. The site has an office block and a circa 15,000 square feet warehouse which is used for storage and distribution. Outside on the site there is a concrete hard stand for circa fifty vehicles plus there is also a bulk fuel tank and electric pump and on site steam cleaning and washing equipment. The site is fully alarmed with CCTV cameras and steel fencing around the perimeter.
The vendors are prepared to negotiate a lease period with the new owners with a rental of circa £45,000 per annum. There is the option to acquire the freehold site in addition to the asking price of the business, last valued at circa £,450,000.
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