Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Specialist Hiab Transport Company
LISTING DETAILS
Firms For Sale ID:
33220
Vendor reference:
GP202
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£950,000
Turnover / revenue:
£1,000,000
Net profit / cashflow:
£187,000
Years established:
20
Trading hours:
As required. The business offers a 24-hour call service to regular customers.
Number of employees:
15
Employees / staffing:
The vendor operates on a strategic level within the business and the day to day operations are managed by the highly experienced office team. The business employs some 18 people in total and all drivers have relevant licenses and accreditations.
OTHER DETAILS
Reason for selling:
Genuine retirement
Support and training:
The current owner would be happy to provide full training and support at handover.He may also be prepared to stay on within the busines for a further period of time if a new owner requires, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current rent is circa £26,000 p.a. Rates are circa £10,230 p.a.
BUSINESS DESCRIPTION
Specialist HIAB Transport Company
Ref.GP202
Location South Wales
Asking Price £ 950,000
Established some 20 years ago by the vendor, this business has steadily grown year on year and built up an enviable reputation for quality of service and reliability. The business provides specialised HIAB transportation services to a whole host of blue chip customers in the region and beyond. The business prides itself on its personal attention to detail, reliability of service and fleet and quality of staff. The company has a range of Hiabs to suit all requirements. It will carry out site visits to ensure the correct vehicle is utilised and also provides route planning, police notifications if need be for wide loads, timed deliveries and escort services, not to mention full siting and installation if need be.
Because of this the company has enjoyed steady growth over the years and now commands a significant position in the markets it serves so well.
Well established, with a superb fleet and expert knowledge the company works with all the major container hire firms in South Wales and can move cabins for 10’ to 50’. The company also works with major utility companies in the region including power, water and pump companies.
The business has earned a reputation for its expertise in the industry- for; on-time deliveries, high safety standards, efficient and cost effective, well-maintained vehicles, skilled, experienced drivers, professional attitude and ethics and advantageous location. Drivers are CPCS lorry loader trained and have ADR licenses.
Expansion Potential
This growing market offers significant business opportunities. With a strong demand for existing services there is a capacity to increase the turnover and profitability through a more aggressive sales and marketing promotion. To date the business has never really undertaken any marketing activity besides having an informative website presence. A new owner would contribute fresh ideas and energy to help continue the impressive growth pattern.