Specialist Haulage Company in West Midlands
Specialist Haulage Company in West Midlands
Overview
Description
The company’s reputation is second to non and is generating significant new interest from other client sources, securing the future for the company. The reputation is rooted from providing a quick response, professional service to valued customers. The main customer is secured via a 5 year agreement and the nature of the service means the other customers would find it difficult to source elsewhere in any case.
Customer Profile An extensive client base has been developed and secured and the Company is not overly dependent on any particular client with a good spread of business across the sectors. There are currently 3 large active clients for export and as many as 100 for return loads. The main customer is contracted on a 5 year rolling agreement and accounts for circa 60% of the turnover. The company is currently declining a significant level of export business as they are at capacity without addition of further vehicles/drivers.
Assets A full inventory of assets will be provided at the appropriate time and include: 8 of their own Tractor Units (1 fully paid, rest on HP outstanding); 16 of their own Trailers fully fitted for specialist product haulage (most in very positive equity) 3 rental trailers on short/spot hire plus Associated Tools and Equipment.
Workforce and Systems The company is managed by 2 Director/Shareholders, both looking to exit following a reasonable hand-over period. Director 1 works circa 50 hours per week and is full control of the business. Director 2 works approx. 4-5 hours per week, mainly invoicing and Admin.
The Company employs the two Director/Shareholders plus 7 full time PAYE drivers, 2 casual adhoc drivers, 1 full time self employed driver;
Financial details current year
Reason for selling:
-
Well Respected & Profitable Road Haulage Company
-
£2.5m Turnover on Excellent Profit Margins
-
Secure Contracts with Major Customers
-
Established European Distribution Network
-
Impressive Fleet of Specialist Modern Liveried Vehicles
-
Loyal & Professional Team
-
Relocatable Head Office and Depot
-
Well Maintained and Serviced Fleet
-
Reluctant Sale Due to Unforeseen Circumstances
Is stock included:
Listed By:
Similar Listings
Unlock Your Entrepreneurial Potential With Our Premium Road Freight Service Franchise Opportunity! Are you ready to accelerate your entrepreneurial success in the booming road freight industry? Seize the opportunity to become part of our dynamic fran...
Renowned engine & gearbox specialist * Enviable reputation with 5-Star internet reviews * Very long established private & commercial client base * Currently achieving T/o circa £80,000PA on 5-day week & short hours * An excellent commerc...
Long established sole trader offered for relocation * T/o £68,000+PA on flexible hours GP53% * Holds valuable Ford contract * HUGE scope for additional vehicles & online marketing etc for ‘hands on’ operator * Outstanding specia...
Thriving Executive chauffeur & Private hire Ltd Co offered for relocation * Provides bespoke professional services * Long established reputation & regular private/corporate client base * T/o £45,000+PA on flexible hours * HUGE scope to ...
rare opportunity to acquire renowned Porsche specialist offering ‘one stop’ range of auto mechanical/body & paint restoration/panel manufacturing & parts services from spacious & extremely well fitted industrial workshop &...
Our client, established in 1996 and based in the West Midlands, is a tachograph service centre. They offer tachograph testing, calibrations, repairs and installations and a tachograph analysis service. They also help clients comply with their legal o...