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Business For Sale
TRANSPORT & STORAGE COMPANY
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Asking Price: |
$765,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Manufacturing: Auto & Transportation
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Reason for Selling:
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This is a genuine retirement sale. |
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Year Established:
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1989 |
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# of Employees:
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9 |
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Yearly Revenues:
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$1,000,000 |
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Yearly Net Profit:
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$64,000 |
Business for Sale Overview:
Established in 1989, this business specialises in transport and storage to the entertainment industry. The company pride themselves on supplying a highly professional and reliable service for theatre, conference and rock 'n' roll - both for UK & European Tours as well as ‘one-off ’ productions. The company operate a fleet of 18 tonne box vehicles with tail-lifts and 45ft air-ride trailers equipped with tie-rails, load bars, ramps and manned by experienced working drivers who will assist with the loading and unloading at each venue. In addition, the business has 20,000 sq. ft. of storage space in two locations, both of which are safe, secure and within easy reach of Central London and the M25. It currently stores a large amount of theatrical sets, lighting & sound equipment, staging, costumes & props for numerous clients - some of whom are major household names within the entertainment industry.
Property Features and Assets:
The business operates from leasehold premises in Kent. The premises are broken down into three separate sites. The first consisting of an office and trailer parking for 20 vehicles, plus an additional five rented parking spaces. Total annual rent for this site inclusive of rates is £16,200. The second site consists of circa 12,000 square foot of storage in Essex. Total annual rent for this site inclusive of rates is £39,600. The third site consists of circa 5,000 square foot of storage in Kent. Total annual rent for this site inclusive of rates is £21,900. All of the above leases expire in 2008, and are renewable.
Market Competition and Expansion:
Most of the company’s referrals are a result of word of mouth recommendation, bearing strong testimony to the excellent reputation it has achieved and the quality and unsurpassed service.
The business has an informative website detailing all services and company information.
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