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Finance And Services:

Sold. Well Established & Reputable Independent Haulage Contractor

LISTING DETAILS
Firms For Sale ID:
24765
Vendor reference:
GP037
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£860,000  
Turnover / revenue:
£1,000,000
Net profit / cashflow:
Undisclosed
Years established:
15
Number of employees:
9

OTHER DETAILS
Reason for selling:
The partners feel the need for a change including retirement and the pursuit of other interests.
Support and training:
Our clients are happy to provide full business familiarisation training and handover to be negotiated prior to the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Well Established & Reputable Independent Haulage Contractor

Ref.GP037
Location West Yorkshire
Asking Price £ 860,000

This family owned and run business is a medium sized haulage contractor and from two sites. One operates a fleet of eleven well-maintained vehicles that comprise of three 7.5 ton, four 18 ton and four 26 ton tractor units with four trailers, the other operates five tractor units, fifteen trailers and 3 full time subcontractors which are constantly working on behalf of the diverse range of 70 live, loyal, long term customers. Some of theses companies have been customers for many years giving a high degree of regular repeat business.

The business operates from a substantial and secure open yard that features a fully fitted and well equipped workshop, office and ancillary facilities.

Established over fifteen years ago by two brothers and it has been under their ownership since inception. The business has gained an excellent reputation and has gone from strength to strength always pursuing new clients and investing in operational improvements to ensure the Company continually runs at 100% capacity.

This Company has been built on very firm foundations, with a good level of on-going business and has stayed with long term customers, growing with them and increasing capacity to match their requirements. The success of the business relates to its commitment to delivering an excellent service. The Company has built its reputation by specialising in time sensitive deliveries, punctuality and managing customer expectations, which have been crucial to its success.

The business operates a comprehensive fleet that meets customer requirements with ease. This is a very busy and highly competitive operation that has a tremendous capacity for hard work and determination to maintain the lucrative on going contracts. The firm operates a continuous replacement and updating policy with all aspects of the Company vehicle fleet. The industry experience, technical know-how and comprehensive, reliable infrastructure solves clients' daily distribution headaches.

Expansion Potential
There are several avenues for growth, possibly by more growth through inward investment, expanding the fleet by purchasing additional trucks and increasing the staff levels to expand into other locations. Strategic promotion of the company could provide lucrative profits.

One of the two locations operated from is positioned in close proximity to its biggest customer and its significant newly created manufacturing plant and is in the final stages of securing a significant contract for haulage services nationally & internationally.

With significant demand in the marketplace this business operates at 100% capacity. The level of demand is such that there is scope to add additional capacity profitably - even to the extent of possibly doubling the current fleet.

This is a steady business that will provide amazing potential for any enthusiastic new owner, to build this excellent business into an even bigger enterprise.