Total of 18659 firms and businesses for sale today Monday 20th May 2024
Sold. Haulage Contractor Specialising In Hiab Transport
LISTING DETAILS
Firms For Sale ID:
13849
Vendor reference:
GP139
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£75,000
Turnover / revenue:
£100,000
Net profit / cashflow:
£31,000
Years established:
6
Trading hours:
As required. The vendor has a flexible approach to work and this is demonstrated by the impressive client base this business enjoys
Number of employees:
1
OTHER DETAILS
Reason for selling:
The vendor believes the business is currently at a stage where it needs new investment in vehicles and manpower in order to expand further. The demand for work is there, the vendor just does not have access to such funds to exploit these opportunities. As such he feels he has taken the business as far as he can and it would be better if a new owner with additional resources were in place.
Support and training:
The current owner would be happy to provide full training and support at handover. He would even consider staying on for an agree period is fo required by a new owner, subject to negotiation
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
BUSINESS DESCRIPTION
Haulage Contractor Specialising In HIAB Transport
Ref.GP139
Location Lancashire
Asking Price £ 75,000
This business was set up back in 2004 by the current owner and in that time the business has established itself as a flexible and highly responsive haulage company providing specialist HIAB transport services to companies both large and small. Because the business is itself small, it has carved out a niche in the area and has earned a reputation for delivering a quick, reliable and professional delivery service both locally and throughout the UK if required.
The company has a core customer base of some 10-15 very regular clients who use the business on a monthly basis. Clients include civil engineering companies, building companies, waste companies and piling businesses. In addition to this it also has a number of other clients who use their services on an ad-hoc basis. The majority of customers are local to the North West.
Expansion Potential
The business is well positioned for future growth as it has established itself in the market locally and to a lesser extent regionally. It currently undertakes no sales or marketing activities or advertising. The business has grown and now enjoys consistent turnover year on year. The only reason the turnover has not continued to grow is that it requires new investment in the way of more vehicles and staff. The demand is there, the customers want to use this businesses services but the vendor is unable to invest in further infrastructure at this time. The very fact that this business has several large and well –known customers opens the doors to many additional opportunities with existing and other prospective customers.