Premier Haulier
Location United Kingdom
Asking Price Range $2.5M - $5.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description REF: 8379WR PREMIER HAULIER, WORCESTERSHIRE - L/H: 4,200,000
Advent Business Sales are delighted to offer to the market this extremely well established and respected haulier, which was established in 1986 by our clients.
The business operates as a haulier and delivers to many destinations throughout the UK and with occasional trips into Europe
Our client has achieved an enviable reputation by providing a next day service on behalf of its customers.
Our client is more than happy to assist the buyer during a handover period and effect the required introductions to the customer base & to the staff.
The business has expanded at a rapid rate with pre tax profits now being earned at the rate of approx 1.4million per annum
It has been intimated from a major blue chip client that our clients form a major part in their expansion plans and it is envisaged that within the next year an additional 10 full time drivers will be required. Once the business achieves this level of turnover profitability should be in the region of 2 million per annum.
Our client has recently received a firm 3 year contract running from Sept 2008 which guarantees sales of a minimum of 1.8 million per annum.
The acquisition of this premier haulier could suit an existing major operator seeking to bolt on a well maintained fleet, together with loyal staff and a ready made customer base or a committed investor with haulage experience who will take this outstanding business to the next level.
Vehicles
5 x curtain siderrs
3 x panel vans
Worth approximately 72,500
Remaining vehicles are contract hire
Early viewing is strongly recommended.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: 2.6 million
Gross Profit: 2 million
Net Profit: 1.4 million
Click Here To Contact Seller
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