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Deal Opportunities.co.uk

the UK marketplace for company sales

Removals & storage services

Reference
S8289
Turnover
£2m to £5m
Sector(s)
Distribution, freight & logistics, Service industries
Region(s)
London
Added
02 December 2021

Business description

Benefitting from an outstanding reputation, the company offers a wide range of removals and storage services for private and commercial clients across North London.

Services offered include home, office, European, and specialist removals; home packing; containerised and document storage; self-storage; and home decluttering.

Since its inception, the business has strived to exceed its clients’ expectations, with c70% of its instructions sourced via recommendations and repeat custom.
Our clients are offering the company for sale as they wish to pursue alternative, unrelated ventures.

Offers invited.

Highlights

  • Warehousing facility holds c1,000 storage containers and is monitored 24/7, 365 days a year. 
  • Every move is monitored via a client questionnaire, with c96% of clients rating the company’s service as ‘excellent’. 
  • Invests in liveried vehicles which are highly visible and well-recognised around the areas in which it operates. 
  • Built up an experienced and knowledgeable management team, which is able to effectively manage and grow the company independently. 
  • Operates from 10,000 sq ft leasehold premises.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 2,736 708
2020 (Actual) 2,614 479
2021 (Actual) 3,237 1,033
  • Turnover of £3.2m in YE21 with an EBITDA of £1m.
  • Average gross profit margin of 45% over the last three financial years.

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