Turnover for year-end 2023 was £4.5m
Adjusted EBITDA for year-end 2023 was in excess of £465k.
The business offers freight haulage for clients, particularly in the food industry.
Having operated for over 10 years, the business developed close relationships with clients with long-standing relationships.
Currently operating with c.10 active clients, the business has contracts in place with its two largest clients.
The company uses a fleet of 20 vehicles to completed deliveries, with these available as part of the sale.
Kings Corporate are delighted to present Project Lennon a haulage and logistics provider based in the north east. The business is well-established and offers its services across the region. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a leasehold basis.
Please contact us for further information using reference number 50863 or quote Project Lennon.
Ref: 50863
Business, Distribution Businesses, Logistics Businesses, Other Motor & Transport Businesses, Wholesale / Distribution Businesses
Logistics Businesses, Other Motor & Transport Businesses, Wholesale / Distribution Businesses
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