nzbizbuysell.co.nz/95599
Ad ID: 95599

Essential Bulk Haulage Service Business for Sale Christchurch

Multi-Vehicle - Excellent Reputation. Continued Growth.

Location:
Asking:
Price on Application

Business for Sale Description

Essential Bulk Haulage Service Business for Sale Christchurch

Background

This business continues to improve, leveraging off a six vehicle & trailer fleet focused on achieving timely haulage of bulk product around the South Island, but with a greater Canterbury focus. There are regular clients within the farming; primary sector and processing industries, and some vehicles are equipped with specialist gear to optimise revenue from these clients.

Moving Annual Total sales continue to show an increase on the 2020FY which was a record for the business. The business does very little advertising (not even a website!) with new work being referral and “word of mouth”. Sales in recent years have been gradually increasing, with strong double digit returns dropping to the bottom line as owner profit. 

The Assets (Vehicles & Staff)

The trucks/trailers are well maintained & regularly serviced, with a good mix of more recent and older vehicles, with the original cost of the equipment at close to $3 million. Drivers use mobiles although the vehicles also have RT’s which can be reactivated if required. The dispatch role is not particularly onerous, and is well-served by the owner, who also does some relief driving as required. However retirement now looms as an appealing career change!

Business Resources

The Buyer

With a genuine reason for sale, this business represents an excellent yield for someone who wishes to take on the owner’s role. An appropriate transfer period is agreeable, and the buyer will need perhaps $100k or so for working capital over and above the purchase price. There is a strong client-service culture within the businesses and the new owner will need to relate strongly to both drivers and clients.

The buyer could well be an individual who enjoys servicing the rural & primary sectors or an existing transport company wanting representation with the Canterbury region. The current business runs from a home office, so a buyer based anywhere in greater Canterbury is feasible.

Make substantial returns every month and enjoy an excellent ROI….sure beats money in the bank……

Sale Price: $ Price on Application

Net Surplus: $ More details available under confidentiality

Interested In This Opportunity?

Email to a friend / myself

 

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Tabak Business Sales (Christchurch)
For more info
Contact: Damien Fahey

Damien Fahey

Damien Fahey
0276 853 536
Tabak Business Sales (Christchurch)
Licensed REAA 2008
Broker Ref: 100820

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