Agency Title: Pallet Distribution and Storage Company - SOLD

For Sale / Sold: Sold

Date Posted: 06 Jun 2019

Location: Hertfordshire

Guide Price: Offers Invited (Business)

Business Broker: Axis Partnership

Reference: 7160

Description

Established Pallet Distribution and Storage Company

Hertfordshire Based - Reference: 7160

Member of Major Pallet Network
Established 33 Years
43 x Experienced Staff
Nationwide Coverage
28 Vehicle Fleet
3 x Sites

Offers Invited for a 100% Share Transfer

The Business

The Business was established 33 years ago by the current owners and has grown from strength to strength. This Hertfordshire based Distribution & Storage Company has established a strong position within the pallet distributions market and prides itself on its first class reputation and customer service. They are a member of Palletforce network, have secured warehousing and also offer a pick and pack operation to clients.

The service area includes lucrative and affluent postcode regions and with the infrastructure and support of the network, the Company is able to offer a nationwide next day delivery service. There is the ability to send pallets into Europe through the pallet network. The owners are the Directors that work within the business but can be easily replaced on a day to day basis.

The business boasts a large, established database and currently has over 160 active clients. The Pallet Network represents around 64% of the turnover with only further 7 clients that represent around £100k Company’s Turnover. With a diverse range of clients from a mixture of sectors, the Company has the flexibility to meet specific customer orders.