* Included in Asking Price
International Transport and Freight Forwarders
Asking Price £ 975,000
Asking price includes
Sales of circa £1,500,000 per annum
Gross profits circa £203,000
EBITDA circa £106,000
Shareholders funds circa £183,000
Freehold available if required for an additional £1,500,000
This company was established in 1990 and was incorporated in 1995. It has traded successfully year on year and has grown consistently and steadily in line with the increasing demand for its services.
It specialises in supplying freight forwarding and transport services to the World by Road, Sea, and Air
The business deals directly with manufacturers supplying goods to anywhere in The World. It has over three hundred clients and also gains work through other transport agencies insuring that there is a constant workflow. Scottish freight forwarders also supply a volume of work, which complements the existing turnover. Its sales proposition is simple and effective. “It delivers goods to the World and Specialises in Italy on a daily basis”.
Three established depots at Como, Verona and Prato serve as staging posts where goods are dropped, stored, split and then delivered to their final destination by sub contractors.
|Facilities:||The company occupies a single story industrial / warehouse units which is located close to the M606 motorway. The site is circa 1.4 acres, and comprises of two individual units, one circa 8900sq.ft and one circa 6700sq.ft, both having circa 2100sq.ft of offices. The whole site is self contained with a 3 metre security fence, CCTV and fully alarmed.
The buildings and site are available to purchase if required for an additional £1,500,000 or to lease at an annual figure of £55,000 for a period to be agreed as part of the sale.|
|Competition:||Nearly all-new business comes from word of mouth, and existing customers are quick to recommend this company to their colleagues in the export, import business.|
|Training/Support:||The MD is prepared to remain with the company if required. A handover period for a suitable length of time would be available as part of the negotiation process.|
|Sale Reason:||The managing director has additional commercial interests.|
Seller Reference #GI014
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