Business to Buy

Specialist Office Relocation Services - Installation, Removals & Storage

Somerset, ---Europe

Specialist Office Relocation Services - Installation, Removals & Storage
Ref. AN043
Location : Somerset
Asking Price : £200,000
This business was set up by the vendors over 16 years ago and provides a comprehensive and fully insured nationwide Corporate Relocation and Office Furniture Installation Service for customers from the simple and straightforward package to those with more complex office relocation plans that usually include removal, storage and installation anywhere in the UK and well outside of the region it is located within; sometimes including Europe. The business has built up a sterling reputation in the UK during this time.
This profitable business has established itself as a leader in the sector with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers. So much so that the business can boast significant and active client base of regulars, many of whom span the whole period of trading. The majority of clients are institutional and corporate.
The split of activity is accounted for by 50% being the installation of Student Bedrooms and Kitchens, installation of office furniture is 40% and removals the remaining 10%.
The agency is very sucessful and highlights include:
• Loyal long term clients
• Competitive pricing
• Solutions to complex requirements
• Very strong referral rates among customers
The business has an excellent small team of staff including two full-time driver/movers and a reliable team of sub-contractors. Staff and contractors are fully conversant with the business’ techniques and methodolgy and are more than capable of enabling the new owner to successfully maintain continuity of trading.

Financials

Price: $281,340

Gross Income: $663,962

Cash Flow: $0

FFE: $0

Inventory: $0

Real Estate Value: $0

About the Business

Office Reference ID: #AN043

Year Established: 2002

Financing:

Training: The current owners would be happy to provide full training and support at handover.

Facilities: The premises are leased and a real strength of this business. Ideally located on a busy trading estate accessible to nearby Motorways and trunk roads. The building is a modern industrial unit with storage, office and facilities with shuttered access, it is circa 3,000 square feet in total with a mezzanine of circa 1,000 square feet. There is a forecourt area with parking for several vehicles and a large turning, loading & off-loading area for large vehicles. Premises are leased on a rolling basis at circa £460.00 per month.

Competition: The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a loyal customer base. There is however a comprehensive and informative website detailing the services and packages offered.

Growth: The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The business, while profitable and successful, has been run in more recent times in line with the vendors’ personal wishes and by their own admission the clearest opportunity to grow the business would be by simply agreeing to the level of demand that the company enjoys; by also extendin geographic reach and by taking a more vigorous attitude to contemporary marketing techniques. Most of the buisness’ work is within a radius of 200 miles of the premises (circa 90%) and this could easily be extended in line with demand to grow the business quiterapidly. The business does very little advertising or social media & internet based arketing and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.

Business Listed By

Name: Andrew Hudson

Company: Turner Butler

Phone: 01895 25 6000

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