AO049 -Speedy Skip Hire Ltd Skip Hire, Scrap Merchant and End of life vehicles (ELV) recycling centre
Business for sale
Asking Price:
£550,000
Turnover:
£320,000
Annual profit:
£145,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This business was founded in 1985 by the Vendor and has established itself as the Skip Hire company of choice on the North East Coast of Scotland. The business operates from a prime location in Thurso and is the sole operator for Skip Hire in the area, with all competitors falling by the wayside over the years. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices and first class service.The business has always believed in staying competitive, purchasing new equipment, constantly reviewing and updating its service commitment and its methods of operation, for example the substantial ‘end of life vehicle’ car baler which enabled the business to tap into the highly lucrative vehicle scrappage market in conjunction with new UK and European legislation.
The business has shown itself to be resilient over its 25 years of trading and has maintained a strong market share. No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed, alongside investment in equipment, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
Employee details
Fulltime staff:
4
Parttime staff:
0
