Courier Services for sale in London

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International Courier & Tourist Transport Company

London, England

  • Freehold Price: £225,000
  • Annual Turnover: £364,000
  • Annual Gross Profit: £241,000
  • Annual Net Profit: £80,000
Seller Reference: 7036
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Business Description
 
 
 
 
 
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Seller Reference: 7036
Request Details
Business Description
Relocatable Proposition
Annual Turnover £364,000
Gross Profit £241,000
Net Profit £80,000
Balkan Horn Travel Established 1994
BHT Services Ltd Established 2015
9 Coaches & Minibuses
2 Cargo Vans For International Courier Services
Net Asset Value £700,000
Qualified Staff & Excellent Reputation
Retirement Sale
Optional Premises In Bulgaria Available
Scope To Expand Fleet
REF 7036 – Relocatable International Courier & Tourist Transport Company

Blacks Brokers are pleased to bring to the market this relocatable international courier & tourist transport company currently located in London.

INTRODUCTION

Balkan Horn Travel was established by our client in Bulgaria in 1994 and BHT Services Ltd Established 2015. Now based in London, the company deals with courier and freight services for travellers and freight across the UK and Europe and holds UK and EU licenses for courier services. Balkan Horn Travel still offers the international coach services and BHT Services is the courier company. The business has become very well known accross this sector and has a strong base of regular customers in place, some of which have been using this company since the nineties. Balkan Horn Travel has a comprehensive website in place – this is currently in Bulgarian.

LOCATION

The business is currently operated from a home office in London. A new UK owner would require a new office area and storage space for the fleet of four coaches, five minibuses and two vans which are currently based in Bulgaria.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

STAFF

The business operates with nine members of staff in employment supporting our client working on a full time basis from the UK office.

FINANCIAL DETAILS

BHT Services Ltd & Balkan Horn Travel has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £364,000 and gross profit of £241,000. Full financial information is available upon request.

ADDITIONAL INFORMATION

Balkan Horn as a company is the owner of a very attractive property in Bulgaria, this is located within the most affluent area in the city - the Seaside Park. This is very near the sea and beaches and is currently set up as a ladies gym and spa centre which is being included in the sale as it is run by our clients wife however, due to her ill health she is unable to operate the business to it's full potential. It is a ground floor property with a terrace and garden and is 286 square metres in size. It has two training halls, changing rooms, toilets and showers, jacuzzi, steam bath, sauna and infrared sauna. The licence of the property is the second highest in Bulgaria and allows the property to be used for anything other than a casino or a night club.

SUMMARY

This long established and highly reputable business is well known within the travel sector and has a large base of repeat customers as well as attracting new business from online sources including its comprehensive website and social media presence. There is plenty of scope to develop the business further with the introduction of additional fleet vehicles to allow the business to accept a higher workload. This proposition could be of great interest to a similar travel and courier company looking to expand its fleet and international customer base. Early meetings with our client are strongly advised.
Tenure:
Freehold
Is accommodation included?:
BUSINESS INFORMATION
The business runs with a fleet of four coaches, five minibuses and two vans which are licenced for international transportation of passengers and has a full EU licence. Our client has secured an approved scheduled coach line from Varna to Prague to London with eight official stops in Germany and Belgium. This was developed in 2002 and has proven extremely popular and successful. There is also a licenced coach line from Varna to Bucharest and Bucharest Airport as well as the company offering transport services to tourist companies and sports clubs. Finally, three cargo vans are included which are used for international courier services and removals.

Location Details:
London
Listed by:
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