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Established Transport And Courier Business For Sale

Essex, UK
Asking Price:
On request
Turnover:
£1M - £5M
Net Profit:
£100K - £250K

International Business Acquisitions is excited to bring to the market a Bedfordshire-based haulage company turning over £1.8m a year at a healthy 7% pre-tax net profit margin.

After twelve years of successful operation, the current owner has decided to put the business up for sale as they wish to use the proceeds from a disposal to invest in a new and non-competing venture.

Aside from its consistently profitable status, there are a number of significant points of interest we have identified to potential buyers of this haulage firm, including but not limited to:

High-profile customers

10 well-known clients account for the entirety of the business’s turnover and generally sign up to two-year supply agreements providing reliable and dependable cashflows.

Owner/driver led model

The company’s carefully-managed growth has been achieved by employing contractors on a just-in-time basis rather than having full-time employees. The cost of the owner/driver led model accounts for 40% of the company’s cost and has been steady at that figure for some years.

The company’s fleet of owner/drivers is used for nationwide collections and deliveries. The contractors have been with the company for many years. Contractor status has been confirmed by the company’s accountants.

Operating at full capacity

A new owner will have the choice of investing capital into the business to increase capacity so that the company can take advantage of its high-profile brand or keeping the company at the same size in order to yield a 7% pre-tax net return every year (equivalent to approx. £225,000 in withdrawable cash every year).

Key takeaway figures:

• 100% customer retention level (last 12 months)
• 17 lorries (3 owned, 14 on lease) and trailer unit (on lease)
• £154,000 (ex VAT) average monthly cash into the business
• £350,000 (plus VAT) guaranteed revenue from clients over the next 3 months

Key opportunities for a new owner

• Exploit reputation of brand to bring in new clients after increase in capacity is achieved
• 3-month comprehensive handover plan
• No outbound marketing and sales team to push growth and customer acquisition

We can help

Interest in purchasing our client’s business is expected to be high. Please contact a representative at IBA as soon as possible to express interest and receive a comprehensive business information memorandum.

Contact IBA Corporate Ltd

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