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Multi-7-Figure Logistics Business West Midlands For Sale

Wolverhampton, West Midlands, UK
Asking Price:
£500K - £1M Furniture / Fixtures included
Turnover:
£2,400,000
Net Profit:
£400,000

Well established logistics company with a mix of owned vehicles and freight forwarding setup for sale in the West Midlands.

Perfect bolt on for a logistics service provider or someone that has experience in the space to launch into an already successful business.

Perfectly balanced business as the current owner has set this up to be operated by 1 person - Yes, you read that correct!

All customers are on favorable terms of 30 days payment from week ending date.

All customers are blue chip and direct, no nights out or general work that requires loss of vehicles. Full fleet utilisation and ability to double shift vehicles if required.

No debt.

No late debtors.

All articulated vehicles owned outright and of good standard.

Property Information

Living Accommodation:

N/A

Location:

Wolverhampton

Premises Details:

No premises, flexible yard space rented.

Size in square feet:
N/A
Planning Consent:

N/A

Business Operation

Expansion Potential:

Two customers are not currently being pursued, it's day work for vans up to articulated vehicles, this can be turned back on when required.

Competition / Market:

Normal logistics competition, however they have a niche that works well.

Reasons for selling:

Owner has other ventures they want to pursue.

Trading hours:

24/7/365

Employees:
1
Years established:
2022

Other Information

Support & training:

As required by buyer. Owner is willing to stay on in some capacity for a set period of time.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable, 80% upfront, 20% payable during handover from company profits.

Furniture / Fixtures value:
£45,000 - included in the asking price
Home based:
This business can be run from home
Relocatable:
This business can be relocated