Road Haulage Pallet Services including Freight Transport & Logistics For Sale in County Durham- Business 4 Sale .co.uk

Business Summary

This is a wonderful opportunity to acquire an independently owned family run haulage company that specialise in the transportation of palletised freight. The business offers their customers a next day delivery service anywhere within the UK, plus a worldwide export service, being heavily involved in transportation throughout the whole of Ireland.

The business are members of a major UK pallet distribution network handling a large part of the North East of England. This membership allows them to collect pallets within their area from customers, transporting them every night to a central UK base. The pallets are then re-distributed and delivered to the end customer. The company is also the North East transport member of a large freight forwarder who specialise in delivering imports and collecting exports across the UK, and who have a central depot working with a similar operational method. The company handles a healthy amount of their own generated business on a daily basis throughout the UK and Ireland.

The business was established in 1935 and has grown steadily over the years. They operate from a well equipped site with a bulk fuel tank, warehouse and offices in County Durham, with excellent links to the major motorway networks and main roads. They have a well maintained fleet of fully liveried vehicles including artics, rigids, vans and trailers plus a full time team of highly qualified drivers. They are members of the RHA and are licensed for sixteen vehicles and twenty trailers.

Property Information

	Property:	Leasehold

	Lease Terms:	The business operates from a circa two acre site on an industrial area in County Durham close by to both the A1(M) motorway and the main A19 trunk road. The site has an office block and a circa 10,500 square feet warehouse which is used for storage and distribution. Outside on the site there is a concrete hard stand for circa fifty vehicles plus there is also a bulk fuel tank and electric pump and on site steam cleaning and washing equipment. The site is fully alarmed with CCTV cameras and steel fencing around the perimeter. The vendors are prepared to negotiate a lease period with the new owners with a rental of circa £30,000 per annum. There is the option to acquire the freehold site in addition to the asking price of the business, last valued at circa £400,000.

	Current Rent:	rental of circa £30,000 per annum

	Living Accommodation:	No

Competition

N.A.

Growth Potential

Both the turnover and profits of the company have grown over the past financial year which is partly down to the association with the two palletised distribution networks partnerships.
Both networks have national advertising campaigns and they produce a steady stream of daily work in their allotted area in the North East. As the main network company continues to grow so will the number of daily collections and deliveries in their area.

The business operates from a circa two acre site with a circa 10,500 square feet warehouse. The site is equipped to handle work from circa fifty vehicles and at present the company operates fifteen vehicles and twenty trailers. The warehouse is equipped for storage and distribution and at present has spare capacity. The site and warehouse has the infrastructure in place to handle a significant increase in daily business and has huge growth potential.

Support and Training Offered

The vendors would be happy to help with a smooth transfer of the business in any way possible.

Reason for Selling

The two vendors have worked their whole lives in the road haulage industry and would now like to pursue new opportunities. They believe this is the perfect time to sell when the business is growing and on an upward curve.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

N.A.

Summary of Staffing

There are two directors who look after the general running and finances of the company. There are fifteen full time drivers, plus a sales representative and two part time administration staff.

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