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Deal Opportunities.co.uk

the UK marketplace for company sales

Removals & storage services

Reference
S7713
Turnover
£1m to £2m
Sector(s)
Distribution, freight & logistics, Miscellaneous
Region(s)
South East England
Added
06 May 2021

Business description

The company offers a comprehensive range of removals and storage services for private and commercial clients throughout South East England.

Offers removal and storage services for both domestic and commercial clients, transportation and delivery of antiques and fine art and an established containerised storage service.

Our clients are offering the company for sale as part of their retirement plans.

Offers invited.

Highlights

  • Trading for over 40 years.
  • Facilitates international relocation via a reliable network of third-party contractors. 
  • Achieved a multitude of industry-recognised accreditations and memberships, including the British Association of Removers, Which? Trusted Trader and the Road Haulage Association. 
  • Attracts high-end clients from London, Surrey and Sussex. 
  • 80% of clients provide reliable, repeat business on an ongoing basis. 
  • Operates from two suitably located leasehold premises. 
  • Long-serving and dedicated team.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 846 225
2018 (Actual) 965 222
2019 (Actual) 1,083 173
2020 (Actual) 1,051 173
  • Turnover in excess of £1m in YE20 with an adjusted EBITDA of £233k.
  • YE21 YTD turnover of c£1.38m. 
  • 24% increase in turnover since YE17. 
  • Gross profit margin of 52%.

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