A professional UK courier service established since 1985 and based in the South East is for sale.
The business has expanded to same day courier service, next day delivery, parcel delivery, and pallet services and is a member of a highly recognised overnight trucking group enabling UK wide and international couriers. Membership to this group is highly desirable and there is a waiting list to become a member. This membership is included in the sale.
The business is owned by a small group; however it operates as an independent branch with its own client base. It is run under full staff management and a significant part of trade is to and around London, 10 miles from the depot. Courier service is provided to London Heathrow and the Greater London area, overnight/international is via a facilitating courier group.
The client base consists of many blue chip businesses, Government offices and Independents. Included in the sale are over 300 regular clients, which ensure high continuity and regularity of cashflow. No single client accounts for more than 10% of turnover.
The business operates from a leasehold unit with 3,000 sq ft, parking and yard. The business is run by a manager, assisted by six staff and two vehicles which are included in the sale.
Turnover £1.59m.
Offers in the region of £600,000 are invited for 100% of the share capital, to include net asset value, subject to negotiation.
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