Leasehold Removal & Storage Business Located in Durham For Sale

Bag a Business is delighted to offer for sale this extremely long established removal and storage company, which was established by the current owner's father in 1947. The business is only now being placed onto the market due to our client's wish to retire. Our client's business name and reputation in the industry has ensured that this business was, and remains, extremely profitable. The business, at present, enjoys an annual turnover of £80,000 with a gross profit of 100%. However, as the business is now run at a pace to suit our client, turnover can easily be increased. At present Fred Elliot & Sons only operate from Monday to Friday and is able to pick and choose the work it undertakes. The business boasts much repeat custom and word of mouth referrals. We feel this is an excellent opportunity for a new owner to build upon, perhaps through proactive marketing and by extending the workforce and the number of days the business trades. This is a unique opportunity to purchase a thriving business that offers infinite scope to develop turnover further. Early viewing is recommended.

Leasehold

Leasehold Rolling lease Rent: £300 per month

Lock-up retail unit on an industrial estate GROUND FLOOR Large open-plan storage unit (approx 20' wide and 50' long) Office Toilet EXTERNAL Parking for the 3 removal vans (2 large) 2 other sites for storage

Fred Elliot & Sons operates from premises situated on an industrial estate in the city of Durham. Durham is situated 13 miles to the south west of Sunderland. The estate is easily reached by the A691, A690 or A181. The business, founded in 1947 by the father of the present owner, benefits from its long established presence in the city of Durham.