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the UK marketplace for company sales

Haulage firm with fleet of articulated bulk tippers

Reference
S7835
Turnover
£2m to £5m
Sector(s)
Business services, Distribution, freight & logistics
Region(s)
North West England, UK Wide
Added
17 June 2021

Business description

Operating a fleet of 17 vehicles, the company primarily transports stone from a quarry in the North West to clients nationwide. The stone has a high PSV, making it particularly suitable for use in the construction of non-slip surfaces, including roads and airport runways.

On its return journeys, the Company transports corn to mills in Manchester, Lancaster and Clitheroe, carrying other goods as required.

The company caters to circa 35 commercial and industrial clients, approximately 99% of whom provide reliable, repeat business on an ongoing basis. 

Our Client is now offering the company for sale to facilitate their retirement.

Offers invited.

Highlights

  • Long-standing client base, with some relationships spanning 34 years.
  • Operates from leasehold premises. 
  • Many opportunities to generate growth, including increased recruitment and additional marketing activity.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 2,682 305
2019 (Actual) 2,653 248
2020 (Actual) 2,273 215
  • Turnover of £2.2m, with an EBITDA of £215k.
  • Pre-Covid turnover of £2.6m with an EBITDA of £248k.

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