Removal And Storage Business For Sale West Sussex, United Kingdom Advert ref: RM402CG Business description
Established in 1984 the business specialises in household removals, also offering storage within their Worthing based warehouse, and self storage within their especially fitted eighty-one roomed Littlehampton warehouse. Advertising is currently restricted to Yellow pages, Thompson’s BT phonebook and Local Estate Agents, although the majority of work is achieved through word of mouth recommendations, including many regular recommendations from estate agents, as high standards of service are always given. Two trucks and a small van are used by the business.
A Mercedes eighteen tonner with sleeping cab and air suspension, and a Mercedes nine and a half tonner with sleeping compartment, both of which are in excellent condition with low mileage. Both trucks were custom built for the vendor by Robin Sparshatt.
There is also a nearly new Citroen Belingo used for local deliveries and quoting.
Both warehouses are freehold and also in excellent condition.
Years established: 21
Employees: 5 full time with sub contractors used as required
Property: Freehold
Expansion potential
There is potential to expand the self storage side of the business by acquiring a further units. There may be the possibility to acquire the adjoining warehouse which would allow the business to expand significantly.
The removal side of the business could be expanded by taking on more relocations to Europe as these jobs are only taken on reluctantly at present.
Reasons for selling
The business is being sold due to director’s divorce.
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| | Financial details Asking price: £850,000
Sales revenue: £200k < 500k
Net profit: £100k < 250k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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