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Deal Opportunities.co.uk

the UK marketplace for company sales

LGV & HGV haulage & fleet solutions

Reference
S7601
Turnover
£2m to £5m
Sector(s)
Automotive, Business services, Distribution, freight & logistics
Region(s)
South East England
Added
25 March 2021

Business description

Operating nationwide, the company provides short- and long-term vehicle and driver hire, including liveried contracted vehicles, rigid vehicles, pallet networking and general haulage services.

The company caters to 65 clients nationwide, all of whom provide reliable, repeat business on an ongoing basis. 

Our Clients are offering the Company for sale due a change in the Managing Director’s personal circumstances. 

Offers invited.

Highlights

  • Large fleet of modern vehicles, including up to 26-tonne curtainsider lorries.
  • Member of the RHA. A FORS accredited. A Strong second-tier management team in place. 
  • Operates from ideally located leasehold premises. 
  • Excellent potential for expansion through geographic expansion, increased recruitment and the implementation of marketing activity.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 2,405 515
2018 (Actual) 2,896 471
2019 (Actual) 2,600 248
2020 (Actual) 2,399 145
  • Turnover of £2.3m in YE20.
  • Achieved an EBITDA of £145k in the same year. 
  • Turnover of £2.6m in YE19, with an EBITDA of £248k. 
  • Average turnover of £2.5m over the last four year period.

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