Total of 17107 firms and businesses for sale today Thursday 23rd February 2012
Sold. Major Logistics, Warehouse And Distribution Company
LISTING DETAILS
Firms For Sale ID:
24763
Vendor reference:
GP091
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£900,000
Turnover / revenue:
£1,175,000
Net profit / cashflow:
Undisclosed
Years established:
6
Number of employees:
30
OTHER DETAILS
Reason for selling:
Having built this successful business to its present market position the key director now wishes to take some time out to spend time with his family and to consider a range of commercial opportunities.
Support and training:
There will be a full and professional handover of this operation for a period to be agreed as part of the overall negotiations
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The present lease runs until 2009 and covers offices of circa one thousand six hundred square feet at an annual rental of £8000 (£5.oo per square foot). Part of the offices has been sub let to two smaller businesses.
The warehouse covers eight thousand square feet at a cost of £5.00 per square foot until 2009. Thereafter the price rises to £6:00 per square foot until 2014. The warehousing contains five hundred pallet positions.
BUSINESS DESCRIPTION
The business continues to grow at between ten and fifteen percent per annum and the regions have the capacity to produce more volume.
The introduction of route pre planning and delivery schedules will have a positive impact on overheads, as would the complete amalgamation of the two existing areas on to one balance sheet.
The availability of additional franchise areas would give instant turnover, cash flow and growth potential.
E Commerce stock solutions is a key growth area.