0151 556 1500

Business for Sale: Well Established North East Based Specialist Road Freight Solutions Company (NOW SOLD)

Business for Sale: Well Established North East Based Specialist Road Freight Solutions Company  (NOW SOLD)

The Company offers specialist tailor made UK and European road freight services to a range of blue-chip clients, across a broad spectrum of industries including, but not limited to, the Automotive, Pharmaceutical and Food Packaging sectors.

Operating from rented commercial premises in the North East of England as well as rented distribution centre premises in mainland Western Europe and employing some 40 office and field-based staff.

Turnover:

Year ended: 30 September 2015 circa £2.23million – Net profit: £87k

Year ended: 30 September 2016 circa £2.66million – Net profit: £106k

Year ended: 30 September 2017 circa £2.49million – Net profit: £76k

Current year to end March 2018 circa £1.46million – Net (loss) £198k

Tangible Assets:

Fleet of fourteen commercial motor vehicles (seven of which subject to HP)

Workshop Plant & Equipment

Office Furniture & Equipment

Intangible Assets:

Intellectual property comprising non-exclusive 100 plus strong customer database generating recurring revenue, trading style and web domain.

Expressions of Interest for the business assets and goodwill:

Are invited in writing by no later than 4.30pm on Wednesday, 16 May 2018.  Best and final written offers together with appropriate proof of funding are then invited by no later than 12 noon on Wednesday 23 May 2018.

As an early sale of the business is sort, prospective purchasers are urged to register their interest without delay by contacting Rob McArdle via email: rob@davidcurrie.co.uk

Non-Disclosure Agreements (NDA):

Are available upon request. Once we receive your signed NDA we will provide you with any further information we may have relating to the recent trading history etc.

Note: The above sale notice contains information provided to us by the Company’s personnel and advisors. Neither David Currie & Co, nor their instructing clients, accept any responsibility for the information given and furthermore provide no warranty or guarantee as to the accuracy of such information.  All interested parties must therefore satisfy themselves as to the accuracy of all information provided to them both above and after signing the NDA.

Enquiries to:

Rob McArdle
Director – Machinery & Business Assets
E: rob@davidcurrie.co.uk

M: 07778 321262 – T: 0161 393 2222

David Currie & Co Third Floor, 1 King Street, Manchester, M2 6AW