This established company provides; removal, storage, and furniture rental services. Serving over 40 clients, 80% of them in the UK and the remaining 20% across Europe.
- Industry Overview: Removal and Storage
- Location: South East, UK
- Business Description: This established company provides; removal, storage, and furniture rental services. Serving over 40 clients, 80% of them in the UK and the remaining 20% across Europe. Innovative in the industry using a customised app to provide comprehensive reports to their customers, also for internal reports and efficiency. Exceptional financial performance, diverse service offerings, and a growing network of warehouses.
- Service split: Relocation: 45% , Storage: 30% , Furniture Hire: 25%
- A team of 75 skilled employees committed to delivering exceptional service
- Equipped with a fleet of over 30 vehicles, including large 18-ton trucks, trailers, and vans, they ensure efficient and reliable transportation for all clients
- The main warehouse spans 5,000 square feet in Sussex, while the newly opened Midlands warehouse covers 17,000 square feet. Also, they have ambitious plans to establish additional warehouses in strategic locations
- Client breakdown: 85% B2B and 15% B2C
- With exceptional financial performance, diverse service offerings, and an expanding network of warehouses, they primed for continued excellence in delivering outstanding solutions to our valued clients.
- Seeking to sell 100% shares and reinvest in other businesses
- Financial Summary:
- Period Ending: FY22 | Turnover: Circa £4.2m | EBITDA: Circa £900k
Period Ending: FY23 | Turnover: Circa £6m | EBITDA: Circa £1m
Period Ending: FY24 | Turnover: Circa £9m | EBITDA: Circa £1.5m
- Period Ending: FY22 | Turnover: Circa £4.2m | EBITDA: Circa £900k
- Team Overview: A team of 75 highly skilled employees committed to delivering exceptional service.
To find out more get in touch with our team quoting reference number: 5262014364