Regionally Operating Courier Business With Renowned Reputation
Coventry, West Midlands
- Asking Price: £249,950 +SAV
Startup Motors Limited generates an advised current turnover of circa £155,000 per annum and continues to grow at an impressive pace. For further information quote reference B05783.
- Tenure: Business Only
Please Quote Reference B05783
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Startup Motors Limited, which is a well-established 2 vehicle courier business with a renowned reputation and an existing database of customers and lucrative contracts. This is a superb opportunity to take on a local business which still has potential for future growth.
Startup Motors Limited was founded by the current owner in 2017 and has flourished under his ownership with some lucrative contracts and a burgeoning reputation. The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors need to concentrate on his other business interests. He is keen to see his beloved courier company pass to an ambitious and entrepreneurial new owner(s) who can take it to the next level.
The sale will include several lucrative contracts, the main one being with the UK’s largest supplier of speciality teas. The business operates a delivery run from Northampton to London five days a week.
Scope to Improve;
- Website to extol the services provided.
- Maximise the use of social media.
- Employ a sales manager to canvass for additional contracts.
- Increase the number of vehicles and drivers.
- A well-established business with an enviable reputation and a customer database.
- Ideal owner managed or partnership business.
- Possible Bolt-on to an existing courier business.
- Current owner happy to offer a handover to ensure the continued.
The business is run and managed by our client with the help of 2 self-employed drivers.
The business currently operates 24/7 according to the needs of its customers.
Startup Motors Limited is in Coventry and is being sold as a relocatable business and could feasibly be run from anywhere in the UK.
Startup Motors Limited is being sold as a relocatable business opportunity and a new owner would need to provide their own premises although the business could easily be run from home.
The sale will include a Sprinter and Luton van and a specialist courier software package.
We are advised that Startup Motors Limited is being sold as a relocatable business.