Project Teller

Posted by Corporate Finance
Category:
  • Business for sale
  • Midlands
  • This position has been filled.

Project Teller

Specialist, niche logistics company, focused on the transportation and storage of motorbikes

Overview

Baldwins Corporate Finance has been engaged to find a purchaser for a first class, niche logistics company that specialises in the transportation and storage of motorbikes. The company also runs a temperature controlled and ambient storage and logistics division which represents circa 23% of turnover.

The specialist motorbike services include; Bike Transport, Bike Storage, Bike Asset Management, Exhibition Logistics & Services and Repairs & Maintenance.

Based in the Midlands the company has developed a market leading brand with an excellent reputation within the motorbike industry and this provides a rare opportunity for the acquirer to enter/expand into this high margin specialist area.

FY18 Financial Highlights

Turnover: £2.4m

Adj. EBITDA: £0.68m

Key Selling Points

  • Leading brand with an excellent reputation
  • Key relationships with motorbike manufacturers
  • Pristine facilities and equipment:
  • 32,000sqft warehouse
  • Well invested and modern fleet of vehicles
  • Proprietary bike cradle system
  • High margin value-added services
  • Asset management
  • Specialist Workshop
  • Press Fleet and Exhibition Services
  • Significant levels of repeat business
  • Well organised facility and an experienced and loyal workforce with a well established 2nd tier management team
  • High gross margins c.44% and strong profitability
  • Further growth opportunities including:
  • Growth of existing services with robust pipeline;
  • Roll out of value-added services; and
  • Expansion of event and exhibition services

Reasons for Sale

Having established a successful business the shareholders are approaching retirement age and are now seeking to realise the value they have created.

Next Steps

For further information please complete the online NDA below, or contact:

Tom Eastwood

Corporate Finance Senior Manager

+44 (0)7855 413 350

tom.eastwood@baldwinandco.co.uk

For us to be able to provide you with further information, we will require you to complete the form below and agree to our non-disclosure terms, our non-disclosure agreement can be found here here


Rationale For Interest:* Management Buy-InTrade buyerVenture Capital

Anticipated source of funding:* Acquirer’s existing cash or debt facilitiesAcquirer’s new facilitiesTarget secured debt

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