UK based Ocean Export Freight Forwarder

Ref: SM50108

Turnover
£10,000,000
Adjusted operating profit
£890,000

The opportunity to acquire this growing ocean export orientated freight forwarder is driven by the current investors' intention to release capital. Due to this factor the vendor is open to remaining with the business under new ownership.

The business has established itself in a niche that has allowed for double-digit growth year on year.

There are 8 FTE in the business working from a single UK Location in South East England.

The business presents an acquirer with several opportunities to increase profitability, including:

  • Shipping Line rebates
  • Combining export volumes with import to increase competitive buying power
  • Reduced transport costs

The current business make-up is 100% Export.

The company has a positive balance sheet with minimal external debt and the average debtor is 45 days.

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