Removals and storage business
Ref. GI050
Location Hampshire
Asking Price £310,000
Business Profile
Ref. GI050
Location Hampshire
Asking Price £310,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share capital of a removals and storage business.
Key strengths:
The business has the following key attributes:
• Leading removals and storage business operating in the Hampshire area.
• Domestic, commercial and office moves; local, national and international.
• Full range of removals and storage services.
• Approximately 200 customer containers in storage.
• Strong, recognisable brand across its catchment area.
• Excellent reputation for providing a highly personalised, bespoke, tailored removals and storage service.
• Over fifteen years of successful operation.
• Significant growth and expansion opportunities.
• Domestic, commercial and office moves; local, national and international.
• Full range of removals and storage services.
• Approximately 200 customer containers in storage.
• Strong, recognisable brand across its catchment area.
• Excellent reputation for providing a highly personalised, bespoke, tailored removals and storage service.
• Over fifteen years of successful operation.
• Significant growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for a company already operating in the removals and storage sector looking to expand their presence in the industry.
• A potential ‘starter’ business opportunity for an organisation or an individual looking to establish themselves in the removals and storage sector.
• A potential ‘starter’ business opportunity for an organisation or an individual looking to establish themselves in the removals and storage sector.
Financial performance:
For the financial year ending March 2015, the business generated turnover of approximately £485,700, gross profits of almost £225,000 and an EBITDA (Earnings before interest, tax, depreciation and amortization of costs) before Director’s costs slightly in excess of £130,000. Shareholder’s Funds stood at £85,300.
The Asking price of £310,000 is for a sale of 100% of the Issued Share Capital in the Business based on a Balance Sheet value of £85,300.
