* Included in Asking Price
Commercial & Domestic Removals, Storage and Deliveries Business
Location North Wales/Cheshire border
Asking price: OIRO £110,000
Asking price includes:
Turnover circa £224,000 p.a.
Net Asset Value circa £60,000
Net asset value comprises 4 removal vehicles, storage containers and forklift truck
Almost 70 years successful trading
Excellent blue chip client base
40% repeat business
Multiple revenue streams
Established almost 70 years this highly respected business has successfully grown into one of the most reliable and trustworthy removal companies in the area, providing a comprehensive range of services including:
• Commercial Removals
• Domestic Removals
• Deliveries (serving retail, trade and auction houses across the UK)
The business has built up an extensive and loyal client base of hundreds of historical clients including some large public and private sector bodies.
With decades of experience the business provides an excellent service for businesses as well as home movers, offering a complete packing, company relocation and secure storage solutions. Approximately 50% of sales are removals with the other 50% being generated via storage services.
Boxed storage is available for single items or house contents at the warehouse facility, which is insured and fitted with a 24-hour Redcare alarm system.
The business is a specialist in handling difficult access deliveries. Its team of dedicated and experienced staff pride themselves on commitment to professionalism and the relationships they have built with all their clients.
The business provides its clients with comprehensive, reliable and convenient service, ensuring that clients return time after time for their expert advice and services.(circa 40% repeat business and excellent commercial customer retention levels).
The business utilises “Moveman” software for its day to day operations, alongside Sage accounting software making it relatively simple to run. It is easily transferable, ensuring a very straightforward hand-over. It offers an excellent opportunity to build upon a strong reputation, enjoyed among clients and competitors alike.
|Facilities:||The business operates from superb modern leasehold premises, situated on a well-known business park. The site is highly secure and has Red Care security. Premises are circa 5,250 square feet with additional secure storage yard. All services connected. Rent is circa £18,000 p.a. Rates are circa £8,000 p.a. We are advised current lease expires in 2017.|
|Competition:||The business has a highly informative website and also does some advertising via Yell and Google. It also advertising in local charity magazines.. A high proportion of the business’s revenue is due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry.|
|Growth Potential:||The business has consistently grown year on year, forging a reputation for itself by providing a quality service. As a result of this excellent track record the business has secured ongoing reading relations with major organisation, offering plenty of opportunity for further expansion.
Excellent opportunities exist to further promote the business into surrounding geographical areas and to target the corporate market more assertively.|
|Training/Support:||The vendors will provide full business familiarisation, training and handover to ensure a seamless transition of ownership. They may also be prepared to stay on within the business for a further period should a new owner so require, subject to negotiation.|
|Sale Reason:||Retirement and scaling down of business activities.|
Seller Reference #GI049
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