* Included in Asking Price
International General Road Haulage Company National and International Operators Licence, Heavy Haulage, Abnormal Loads, Project Management Services and Worldwide Shipping
Location Northern Ireland
Asking Price £ 425,000
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
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.
|Facilities:||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.|
|Competition:||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.|
|Growth Potential:||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.|
|Training/Support:||The owner will provide full business familiarization, training and handover for the new owners to ensure a smooth transfer of the business.|
Seller Reference #GP188
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