Total of 18659 firms and businesses for sale today Tuesday 30th April 2024
Time to Sell or Time to Buy !

Sold. International Transport And Freight Forwarders

LISTING DETAILS
Firms For Sale ID:
24313
Vendor reference:
GI014
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£975,000  
Turnover / revenue:
£1,500,000
Net profit / cashflow:
Undisclosed
Years established:
10
Number of employees:
12

OTHER DETAILS
Reason for selling:
The managing director has additional commercial interests
Support and training:
The MD is prepared to remain with the company if required. A handover period for a suitable length of time would be available as part of the negotiation process
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold at an annual rent of £37,000
 
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BUSINESS DESCRIPTION
International Transport and Freight Forwarders

Ref.GI014
Location Yorkshire
Asking Price £ 975,000

This company was established in 1990 and was incorporated in 1995. It has traded successfully year on year and has grown consistently and steadily in line with the increasing demand for its services.
It specialises in supplying freight forwarding services to and from Italy

Expansion Potential
There is a good opportunity to grow this business from a position of strength. The European markets are developing rapidly and the existing level of experience in handling this market sector provides a strong platform for future growth.
The present catchment area is Leeds Bradford and Lancashire. Clearly there is a huge additional market outside these perameters that have not been approached

Market / Competition / Non-Competition Agreements
There is some local competition but it appears unable to offer the same level of customer and load care that is provided by this company.