A haulage company with a commercial garage operation – based in the north west

The shareholders are offering the business for sale to facilitate their retirement.

Offers invited.

Key Highlights

– Additional services provided by the company include vehicle and trailer hire, and warehousing.

– All drivers hold ADR and Moffett licences, with the Company also licensed as a waste carrier.

– Caters to 56 commercial clients in total, receiving a high volume of repeat business from 95% of clients, with some client relationships spanning 20 years.

– Experienced team in place to manage garage operations post-sale, with one of the Directors happy to remain in their position as Transport Manager for a handover period.

– Operates from leasehold premises.

– Well placed to explore opportunities in the general haulage and waste management sectors, both of which are expected to grow considerably over the next few years.

Financial Highlights

– Company 1 achieved a turnover of £754k in YE23, with an adjusted EBITDA of £116k.

– Company 2’s turnover reached £327k in YE22, with an adjusted EBITDA of £223k

– Company 1 has a gross profit margin of 55%, with Company 2‘s reaching 41%.