Since its commencement of trading the vendor has found a willing client base for whom it is said that this management service was one that trade had been waiting for.
As the business has grown, new personnel and service products have been added to both extend the complete service offering and also ensure the efficient and professional standards of that service.
Each step in the growth of the company has been taken in response to the demand place of it by the industry customer base; in growth from existing customers, where confidence grows new and greater volume demand has grown and as larger potential customers have taken notice, so they have become a key part in the company’s forecasts and the scale of the services that they are requiring.
The scale of this new business is significant and is currently expected to increase annual turnover to circa £25,000,000 with a net margin of circa 35%.
This next phase of growth has challenged the resources of the vendor to a degree unplanned for, and so he has decided to seek a sale of the company to a buyer with the desire and the resource capability to not only meet the current level of demand but to also ensure the, as yet unknown, further growth demands which will certainly arise as this phase is provided for successfully.
The business utilises Sage for its finance & accounting, Customer data management and stock control is organised using OrderWise software, which has been customised for the company’s purposes. FreightMate software is used for transport and logistics management, which is a bespoke software that can easily be laucnhed as an independent product, tracking overseas production and shipment online.
The business manages 20-30 individual clients as an average, in any goven month and this leads to an average, accounting for a full client roster of circa 50.
Number of Employees: 10
The business has undertaken consistent ad words investment in Google search and this yields greater demand than the company can meet. The business also maintains a well designed and comprehensive website detailing the whole offering and its benefits.
Support & Training:
Support and training will be provided to ensure continuity of trading and a smooth transition of ownership.
Bath / China
The business operates from a 3 storey, recently refurbished office suite of circa 1,500 square feet, combined with facilities and storage; it is situated above retail outlets on a very busy and well known City centre street, with easy access to main trunk roads such as the M4 motorway.
The lease on this premises runs for 8 years with 4 year rent reviews and annual rent of circa £8,500 per annum. The business also utilises a leased warehouse unit on a 3 year lease with 2 year rent reviews and pays circa £12,500 rent per annum.
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