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For Sale: Award winning, long established Removals and Storage Business

This Company has been trading for over 15 years and has been a regular award winner for its services. It is located in a densely populated catchment area.

Providing mainly domestic removals services, utilising its fleet of fully liveried vehicles, it has built up a strong reputation for its quality of service, which has very strong ranking on the Removal Approval website. It handles around 40 moves per month and offers full packaging and storage services. The Company primarily targets its home area but provides full nationwide services if required to do so. It holds and maintains National Guild of Removers and Storers certfication and is registered with the Removals Industry Ombudsman Scheme.

Operating from a detached building comprising a modern warehouse with a single storey office unit to its side, the company is conveniently located for the local major road networks and has excellent access and parking facilities. The 2-level, fully secure, storage warehouse is of some 6,000 sq. ft. and can house up to 200 storage containers. It typically runs at over 90% utilisation of this storage space.

The Company derives good levels of business through personal referrals, but also promotes itself through the following channels:

  • Google Adwords campaigns
  • Via its recently updated website
  • Facebook business page
  • On-line Reviews
  • Estate Agents, Solicitors, letting agents’ referral programs
  • Bespoke promotional brochures

Using specialised removals software for its CRM, which allows full lead tracking and management of every customer interaction, the Company also ensures that all customer home visits are conducted by professional uniformed staff using computer tablets.

The current year is expected to see sales of c. £450k with an adjusted EBITDA of c £70k.  2018/19 is prudently forecast to produce equivalent numbers of £500k and £100k.  The owners believe that there is significant growth potential for the Company, certainly to see turnover rising to above £1M in the medium term.

The Guide Price for the business is £245k for 100% of the shares of the business debt free, cash free.  The current owner will provide appropriate handover support.

 




If you would like to request further details about this opportunity please complete the form below and indicate your agreement to the Confidentiality Agreement.

CONFIDENTIALITY AGREEMENT

You are requesting Anderson Shaw Corporate Finance Ltd ('Provider'), in conjunction with its client ('Vendor'), to provide you with information about the Company/ies and/or Business/es referred to in the advertisement above. This information will usually comprise the identity of the Company/ies and/or Business/es for sale and may also comprise a Confidential Briefing Document and/or other relevant information about the Company/ies and/or Business/es ('the Information'). Before the Information can be sent to you ('Recipient'), you must indicate below for yourself and/or on behalf of the corporate entity/ies you represent your agreement to abide by the following terms:

Recipient agrees:

  • To keep confidential the Information which, for the avoidance of doubt, includes the identity of the Company/ies and/or business/es for sale.
  • To use the Information only for evaluation purposes.
  • To share the Information only with fellow directors and/or retained professional advisers who will be deemed to have agreed to the terms of this agreement.
  • To return all the Information on demand to the Provider or the Vendor and not to retain any copies.
  • On demand to provide a hard-copy, signed version of this agreement from today’s date.

This Agreement will:

  • Terminate with the written consent of both parties or in any event after 2 years from today's date.
  • Not apply to any of the Information found to be in the public domain.
  • Not apply to any of the Information which is published or otherwise becomes part of the public domain through no fault of the Recipient.
  • Not apply to any of the Information which is already known to the Recipient.

In most cases, if the Vendor approves the release of the Information to you, you will be asked to sign a separate, longer form, Non-Disclosure Agreement which will replace this Agreement.


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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