Removals & Storage Businesses for sale in Cheshire | Bizdaq
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Great Removals And Storage Business For Sale In Neston & Ellesmere Port

Neston & Ellesmere Port, Cheshire

Asking Price £225,000
Turnover £380,000
Reference BIZ5790

Business overview

Smooth Move offers a great opportunity to both Industry insiders and "Newbies".

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Property value
  • Estimated EPC rating
  • Stock value
  • Reason for sale

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Business description

Smooth Move and Store has given great service on The Wirral for 29 years (see reviews etc.) and, largely on the back of the removals business, has created a large storage base (about 350 Removals industry standard containers plus 8 steel units) and built it's own Warehouse (freehold) 10 years ago to hold these. But time has caught up with the Owners and now this solid business is being offered For Sale.

To engage a wider audience the owners are offering this in a number of possible ways.

1) Full purchase of Removals and Storage Business (£225k) and Warehouse (£500k)

2) Full purchase of Removals and Storage Business (£225k) and lease Warehouse on 10 year min deal, no break, @ competitive rate of £45k/pa

3) "Reduced fee" purchase of Removals and Storage Business (100k), balance (£125k) over 10 years (plus interest) and Warehouse on competitive lease (£45k/pa).

4) Purchase of Warehouse (£500k) and Storage Business (£175k). (Lease also at £45k).
The buyer would therefore have to service the continuing need for Storage collections and deliveries. This option might also appeal to a buyer who requires storage for a current business but can see the possibility of running a storage business from the same unit. Obviously to achieve that the storage needs to be reduced to a suitable level and space made.

This option excludes any asmoothmove assets, including phone number and website.

5) In the event the Warehouse is sold with the Storage independently as per above, then the Removals would be sold separately. This would include all key assets such as 4 vehicles, telephone number (available on request), website (www.asmoothmove.co.uk), other digital presences and Goodwill etc. Fee for this is £65k.

The above options are not exhaustive and the sellers are willing to look at any sensible alternatives, but the minimum upfront fee acceptable would be £100000.

An option to buy might be available on the above rental deals.

Currently the business is run on a traditional Removals and Storage model. But a buyer might, over time, be able to move towards a more Self Storage model.

Currently there are 6 Porters and 1 reception staff (2 part-times share 1 full time job), and the Owners managing (Mainly management, quotations and accounts input).

Main Business Assets (excluding staff) are:

Warehouse is 8000 square foot and stores 3 containers high.
350 Wooden containers
8 virtually new 20 foot steel containers, 2 virtually new 8 foot steels
Smooth Move and Smooth Store websites,
Google Business and Facebook pages
Smooth Move telephone number
Our Goodwill:-built up over 29 plus years
Two 3 Container Wagons. (7.5 tonners)
One 7.5 tonner Box van with tail lift.
One 3.5 tonne Box Van with Tail Lift.
Miscellaneous bits and pieces-computers-desks-trolleys-etc.

Handover time negotiable but positive support will be given.

Customer Service:
This business prides itself on its personal service and very high quality standards of service. It takes time with clients and is rewarded with a great local reputation.

Strengths:
The success of the business is based on the professionalism, experience and dedication of its staff. The workforce pride themselves on their unsurpassed customer care, reliability and friendly approach.

Opportunities:
The Warehouse has been built and largely been paid for from Business earnings over about 10 years. There are opportunities to expand on this development.

Financial profile:
The business is financially stable with excellent accounts over many years by the same reputable accountants.
Turnover for removals is circa £220,000 with the Storage about £160,000.
The business is currently run by the owners and remuneration details etc allowing a more precise accounts knowledge with be available to interested parties via the sellers accountants Guild Appleton.

Property: Potentially For Sale independently at £550k

Business Operation Competition / Market:
The business uses a variety of methods to gain business. Awareness of its services is also achieved with the sign written vehicles and strong word of mouth recommendation creating plenty of repeat business. There is a good track record of maintaining turnover and growth potential which can be discussed with the current owners.

Reasons for selling:
Retirement.

Current Trading hours: Monday – Friday: 9.00 am – 5pm.
We tend to answer/check phone calls on Saturday morning. Saturday is worked every couple of months by 2-3 staff and just occasionally (for a long storage rental) we will open up to take in fresh storage.

Employees: 8
Years established: 29
Other Information:
The owners will assist with training the new owner requires to ensure a smooth transition of ownership subject to negotiation.

Business location

The Wirral, Merseyside

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