 | Courier Company For Sale Lincolnshire, United Kingdom Advert ref: C.0.410.LNC Business description
County business sales are delighted to bring to the market this superb courier business based in Lincolnshire. It was originally formed as a merger of two smaller businesses in 2000, both of which had been operating independently for 7 years.
The business has continued to show substantial growth since commencement and offers an overnight and same day delivery service plus storage facilities. The business has a well equipped fully liveried fleet of vehicles.
The company offers its services to both business and residential customers and due to the quality of service and customer satisfaction retains a high percentage of repeat business from both sectors.
Operating from an 8000 square foot building with ample office and warehouse space including pallet storage, they offer their services 365 days a year. The building also has great potential for further expansion and is well positioned within this Lincolnshire Town.
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
The present 8000 square foot building is on a three year lease with an outgoing rent of £20,000pa, there is an annual cancellation clause included in the lease should the purchaser wish to relocate.
Location
The business is presently operated from a busy central Lincolnshire town which is serviced with an excellent road network.
Expansion potential
The vendor has some long established ongoing arrangements with quality customers and continues to gain smaller one off consignments from both industry and domestic customers. The majority of work comes from central Lincolnshire. They do however operate regularly outside of this territory and are working towards gaining regular repeat return traffic in order to maximise both vehicle and driver utilisation.
Competition / Market
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| | Financial details Asking price: £410,000
Sales revenue: £500k < 1m
Net profit: £100k < 250k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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