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#Business ID: 14024

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Logistical Movement of Containerised Units

Business Location: Southampton, England

Asking Price: £ 800,000 Revenue: £ 900,000 Cash Flow: £ 135,000

Business Summary

Turnover circa £900,000
Gross Profit circa £405,000
Net Profit circa £135,000
Net Assets circa £30,000
Wide range of distribution services
Located in Southampton’s busy docks area
Established highly regarded Company offering a quality service
Ideally located for access to local and national road networks
A highly skilled, enthusiastic and competent workforce
Extensive on-going customer relationships
ERTS shed
Full Customs holding facility
Goods collected or delivered
Many years of successful operation
Excellent partner relationships
Strong balance sheet
Significant goodwill
Business profile:
This business was established in August 2005 and has grown rapidly to its current turnover of circa £900,000 per annum, with high levels of profitability. It is ideally located inside the busy dock yard area of Southampton, one of the country’s busiest container ports. Since its formation this business has achieved steady growth and has gone from strength to strength, having rapidly gained a reputation for a fast, reliable and cost effective service. This business has achieved a profit in every year of its operation.

This business provides an impressive array of distribution services, primarily serving the containerised sea freight industry, specialising in the logistical movement of containerised items from abroad to the UK, or from the UK to abroad. They have an Enhanced Remote Transit Shed (ERTS), providing a full service to their customers.

What sets this business apart from its competitors is the sheer professionalism of its knowledgeable and experienced team. Offering a very personal service – this business treats each and every customer with the same attention to detail – no matter how large or small.

They are able to offer a full range of services:

• Export Container Packing - collecting an empty container, pack and return to the quay. Customs clearance can be arranged and standard shipping note completed / submitted.
• Import Container Unpacking – collecting a loaded container, unload and resituate. If required, unloading to specific requirements, for example, labels facing a certain way, sorting by type, shrink wrapping, building pallets to a certain height.
• ERTS Containers - the warehouse is an Enhanced Remote Transit Shed (ERTS), HM Revenue & Customs have approved us to unload and store consignments that have not yet cleared customs.
• Local, National and Merchant Haulage – using their transport network to deliver cargo anywhere in the UK. With careful planning to ensure deliveries arrive on-time and safely, whilst keeping rates competitive.
• Storage & Picking - both short and long-term storage solution. Stock can be picked and packed as per order. They can also arrange storage of bonded goods.
• Stock Rework - following instructions to rework any product to be as flexible as possible and to ensure they give and stick to quoted costs and timescales.

With a turnover due to break the £1 million barrier in the near future this is an excellent opportunity to acquire a very well established freight logistics operator with significant growth prospects.

Customer Service:

The company's track record is impeccable with all customer requests managed by a team of dedicated transport professionals hand picked for their skills and dedication. The systems and the personnel put in place by the current owner has ensured that this is a successful, dynamic company that prides itself on its excellent service, efficiency and competitive prices, moving anything, anywhere at any time.

The business has grown steadily through planned growth with a loyal customer base attracted by its reliability in meeting their demands.

Key Strengths:

Professional, operating in an industry where reliability is paramount this business does everything it promises – delivering on time every time. The overriding philosophy of this business is ‘never to let customers down’, a philosophy that is ingrained throughout the entire organisation and the cornerstone of the excellent reputation this business has established for itself throughout its years of operation.

With a freehold depot very close to one of England’s busiest ports for freight, ample room for expansion and in a rapidly developing area this business is ideally located, particularly situated to serve the containerised industry.

Well run, with superb management systems and an excellent second tier of management particularly with regard to Business Development, an area that has been a particular focus over the most recent period of time, this business offers a very sound foundation on which to build for substantial future growth.

Property Details

Years Established:

2005

Property Type:

Lease

Other Business Details

Premise Details:

Located in the busy port of Southampton there is 12,000 square feet of warehousing with a 10,000 square feet yard all with fencing and alarms. Being inside the port area the business is fully secure, with 24 hour security on the dock gates.

Competition:

This business benefits greatly from the most cost effective form of marketing, word of mouth recommendation. With little advertising the owner is aware that a more active sales and marketing campaign, including the re-designing of the website, would certainly improve sales and profitability and will increase its market exposure and revenues. The implementation of some form of database management would also ensure the business fully maximises the opportunities its large customer bank represents.

Expansion Potential:

The Company maintains an extensive base of satisfied customers, business continues to grow, and with additional staffing and further promotion within the appropriate market sectors, would offer this financially attractive business even more upside potential. Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.

Business Operation Details

Employees:

3

Trading Hours:

Monday – Friday: 8.00 – 4.00

Support & Training:

The owner will provide a handover period and is happy to provide ongoing support thereafter; however the other 2 director’s are prepared to continue working with the company, if required.

Miscellaneous Details

Reason For Selling:

This is a genuine retirement sale

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