The company provides a flexible, fast and reliable door-to-door haulage service, transporting a comprehensive selection of items, including parts for the automotive, energy and industrial sectors, pharmaceuticals and food.
Primarily operating in the UK, the company works with three clients, all of whom have provided reliable, repeat business on an ongoing basis for over three years.
The shareholders are offering the company for sale due to a change in personal circumstances.
Offers invited.
Key Highlights
• Operates a fleet of 10 modern vehicles, including flatbed, curtain-side and refrigerated lorries.
• All vehicles are regularly maintained and fitted with GPS tracking systems to ensurethe smooth delivery of goods.
• Operates from leasehold premises.
• Potential for growth, with opportunities including the diversification of its service offering and expansion across new markets.
Financial Highlights
• Turnover of £1.9m, with an EBITDA of £375k.
• Year-on-year turnover growth, increasing by over 150% since YE20.
• Expected to reach a turnover of £2m in YE23.
• Gross profit margin of 64%.
