ID : 39524
Courier company specializing in same day and overnight deliveries
This company has been appointed to invite offers of purchase for 100% of the Issued Share capital of a courier company specializing in same day and overnight deliveries. Key strengths: The business has the following key attributes: •Courier services – from an envelope up to 1,500kg. •Same day and overnight delivery specialist. •Very well established – many years of successful trading. •Flexible fleet of eight vehicles including a refrigerated van – ability to select the most appropriate and effective vehicle for the job. • Wide-ranging, solid, loyal customer base. •Excellent reputation for cost effectiveness, fast response, reliability and high levels of customer service •Consistent year on year performance. •Excellent growth and expansion opportunities.
The business provides an acquirer with: •an ideal bolt on for a company already operating in the courier or light haulage sectors. •an excellent starter opportunity for an individual or organisation looking to establish a foothold within the courier or light haulage sectors.
Financial Information
For the financial year ending December 2014, the business generated turnover slightly in excess of £362,000, with gross profits of approximately £106,000. EBITDA, before Director’s costs, was slightly in excess of £76,000. The Asking price of £180,000 plus SAV circa £65,000 is for a sale of 100% of the Issued Share Capital in the Limited company and is based upon a Balance Sheet of £85,000.
