Opis:

Leasehold

Freehold available if required circa £600,000
in addition to the asking price

Asking price includes:

Turnover for financial year 2010/11 circa £1.8 Million
International and National Operators Licence
Central location in Northern Ireland convenient for major industries
Member of International heavy road haulage association
Ideal location close to local industry and major town /motorway network
Extensive customer base - from SME's to major multinationals
Established highly regarded company offering a quality service
In excess of forty years of successful operation
Goodwill
Website

Business profile:

Evolved over 40 years of experience and established for circa 30 years this leading general road haulage business specialises in heavy haulage, abnormal loads, project management services, worldwide shipping and container loading services.

Over the years the owner of the business has built an excellent reputation for reliability and high levels of personal service, meeting customer needs around the clock, with a high percentage of business received by referral.

The business can ship anything, anywhere providing an excellent service. Working internationally, the vast majority of this business's turnover results from shipments to and from Eastern Europe, Russia, North Africa, plus Romania and Mongolia and the United Kingdom and Ireland. With a wealth of experience, the business understands more than any other the importance of marrying the needs of its clients with the logistics involved in transporting goods and with a firm grasp of what is happening on the ground on a daily basis, knows who to use and how to get goods collected or delivered, quickly and efficiently.

The business facilitates the transportation of goods for small owner operated businesses through to multinationals. As a result of its many years of operation, this business is particularly adept at meeting the needs of its customers - always providing a reliable driver certain to get the goods there, securely and on time. Not surprisingly therefore the business can boast an extensive and loyal customer base, with many customers still working with this business since its very first day of operation.

The real value in the company however lies not only with the client base this business has served over its many years of operation, but also in the yard conservatively valued in the region of £600,000, (available in addition to the asking price), together with the National and International Operators' Licence it holds. As such the business represents an excellent opportunity to acquire a very well established haulage provider and should appeal to an existing operator looking to add to their capabilities or a new entrant to the industry looking to establish themselves in a very active business sector in an ideal location.

Equipment:

Computerised Accounting system
Vehicle Tracking system
Drivers carry laptops
A full inventory of plant and equipment is available on request.

Key Strengths:

This business prides itself on providing cost effective, reliable and safe solutions to all of its customers' transport and haulage requirements and recognises there is much more to transportation than just moving cargo. Through its longstanding experience and personal supervision, it has the necessary expertise, skill and knowledge to deal with the nature and dynamics of freight transportation from procurement and pick-up of shipments to delivery. This combined with a highly personalised, friendly service enables this business to boast an extensive, loyal and regular customer base.

This business has been carefully managed throughout its many years of successful operation. Clients are based in UK, Ireland, Eastern Europe, Russia, North Africa, plus Romania and Mongolia, which enables the company to charge a premium rate, and also operates flexible pricing policies - reflecting an awareness of its clients' particular circumstances, whilst still achieving very healthy margins.

By far the greatest asset of the business is its haulage yard with a National and International Operators Licence. With on-site workshop facilities and very centrally located the circa 2 acre yard is ideally located for any operator looking to secure a base that would allow them easy access to and from the European freight market.

Growth and Expansion:

The current operation of this business, on its own, represents an excellent bolt-on opportunity for an existing haulage company, to develop on a long history of good trading and service and to do some serious advertising. There is further scope to leverage the excellent reputation this business has within its sector for reliability to increase its trading base beyond its current customer list. Having not felt the need for extensive advertising and marketing to date, targeted investment in this area would help increase its turnover and profitability.

The market outlook is improving again and by acquiring the yard and the Operators Licence there is the opportunity for any purchaser to build on the excellent reputation that has been established. With turnover previously at approx. £2 Million it is anticipated that this could easily be brought back to circa £2-2.5 Million.

Premises:

The premises comprise of a circa 2 acre site which can be bought or leased or alternatively the business could be easily relocated. The site benefits from 24 hour a day access enabling day and night running.

The site includes a hard core yard and a two bay workshop with inspection pit. The premises are centrally located close to local industry and major town /motorway network

The vendor owns the freehold of the premises, which are valued at circa £600,000. The owner would be agreeable to sell the freehold in addition to the asking price, or would lease them to the successful buyer at an agreed rental. Alternatively the business could be relocated.

Security:

The premises are fully secure.
Advertising and Marketing:

Currently there is very limited investment in marketing and advertising with the vast majority of turnover arising from a broad spectrum of 'regular' clients. The business has an excellent web presence that highlights the services provided.

The business benefits most however from the most cost effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has throughout its industry.

Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is increasing and figures for financial year 2010/11 are circa £1.8 Million.
Employees:

The owner is responsible for the day to day-to-day management of the business and employs four additional drivers and one full time administrator.
Support and Training:

The owner will provide full business familiarization, training and handover for the new owners to ensure a smooth transfer of the business.
Reason for Sale:

Retirement.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
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