Team Removals is located in Longdown, 2 miles outside Exeter, which is the administrative and commercial hub for Devon and is a thriving town with blue chip companies, University and a number of national and niche retailers.
The business is currently located within our client’s property, where the business has grown to provide both removals and storage and is being sold on the basis of a relocation.
Our clients operate within the UK, Ireland and Europe.
We are advised the business commenced trading in 2003, trades all year round with typical office hours of Monday to Friday 9am to 5pm. The business has an extremely wide following within the Exeter area and has a number of repeat clients, including Housing Associations, new home builders and regional estate agents, who recommend the services for moving of their clients. We are advised the business is one of the best in the South West and indeed currently holds the title ‘Elite Remover of the South West’ for 2019, as issued by the National Guild of Removers.
The business currently has 2 principal income streams, namely the removals, which for the year end June 2019 showed net sales of £361,173 which after deducting all expenses (including wages of £117,854 and £19,341), produced an adjusted net profit of £125,308. Our clients also have a storage turnover which operates from the site, which for the same year end was £84,086.
This part of the business will be retained by our clients, however, there is a natural correlation between those wishing to be moved and those requiring storage and our clients would be prepared to offer storage to the new owners of Team Removals and it is estimated that there will be a circa 20 to 25% profit income from using this on site provision.
Further accounting information will be made available subject to a viewing appointment in the normal manner.
For further information regarding our client’s business please see their website www.teamremovals.co.uk
Method Of Sale
Asset Sale of Trading Assets and Goodwill, Transfer of Going Concern.
Schedule Of Vehicles
Renault Master PCLL35 DCI 120 LWB
Renault Master LL35DCI 120
Renault Master LL35DCI 125
Renault Master DCI 120
Vauxhall Movano F3500 L3H1 CDT1
Renault Master LL35DCI125
Ford Fiesta Sport TDCI
The business currently hold a relevant Operator’s Licence valid until 31st July 2021.
Exeter City Council
Exeter EX1 1JN
Tel: 01392 277888
Planning: 01392 265283
Energy Performance Certificate
Not Applicable as the Business is not being sold alongside a property and it will need to be relocated
Value Added Tax
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.
For further information or an appointment to view please contact:-
Graham Timmins on 01872 247019 or via email firstname.lastname@example.org
or Paul Collins on 01872 247029 or via email email@example.com
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.
Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.