Business for sale

Business description

Advent Business Sales are delighted to have
been instructed to offer to the market this
extremely well established freehold haulage
contractor, which specialises in the supply of
sand, aggregates, topsoil, crushed and
building stone to the construction and
farming industries.
The business was originally founded in 1920
by the grandfather of the current vendor;
who has owned it for the last 21 years. The
business is only now being offered for sale
due to retirement.
The business also offers a tipper truck and
driver hire, which can be charged either by
the load or by the day.
Collection from the site is also available over
the weighbridge with most popular
aggregates available.
The business has a good selection of vehicles
including:
4 x 18 t Mercedes trucks
1 x 26 t Mercedes truck
JCB
40 t weighbridge
The business employs 3 full time drivers plus
1 Full Time office based employee and the
vendor full time. In the last financial year
to June 2007, net turnover was £721,824
gross profit was £163,571 and reconstituted
net profit was circa £80,000.
We are advised that stock at cost is
approximately £20,000.
The vendors are quite happy to assist during
a hand over period, to ensure a smooth
transition to a new owner and to ease
introductions to the staff and customers.
TRADING HOURS
Mon-Fri: 7.00am – 5.00pm
Sat: 8.00am – 1.00pm
EXPANSION POTENTIAL
The business is already very successful
however there is still plenty of scope to
increase sales and profits further by:
1. having a smaller truck which would be
easier and cheaper to hire out or to
carry smaller loads
2. using a large piece of the land to store
caravans
3. Bagging of materials to compete with
the household DIY market
4. Opening up part of the land as a garden
centre
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £721,824
Gross Profit: £163,571
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The site area is approximately 4 acres in size
and comprises of various offices,
outbuildings and a very attractive 4 bedroom
detached house.
The first floor offices and washroom/w/c are
approximately 360 sq ft, the garage with pit
is approx 1800 sq ft and the workshop is
approx 250 sq ft.
The house comprises 4 double bedrooms – 1 is
en-suite, separate lounge and dining room,
office, bathroom and a fully fitted kitchen
with Rayburn cooker.
TENURE: Freehold
We are advised that the annual business
rates are currently: £3,500
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.