Well Established Transport Business for Sale in Ahmedabad
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This Private limited company was initiated in the year 1995, since then it has been growing with a steady growth in both the business and the profit numbers. This well-established organization has a very sound reputation & goodwill in the market, they have multinational companies and huge national players in their clientele, which brings stable business regularly.
All the necessary systems viz., Operations, Human resources, and Vendor management are well-maintained and in-place. The company owns 17 trucks, an office building, own warehouse and open land. It also has offices in cities of Southern India, in total it has 7 branches. This logistic and transport company covers the whole of India with a strong presence in the South and the West.
Currently, it is running with the help of 17 employees plus drivers (on commission) nationally with 0% employee turnover. The company is an ideal avenue for companies into logistic and transport business for fast business expansion and also for companies looking for any forward- backward integration.
Last financial year's 2017-18 the turnover was 8.3Cr and PBT plus director benefits (salary and other benefits) etc up to 80 Lakhs were there
Asking Price for this profit-making business is 3.60Cr which is 4.5 times of adjusted profit. Asset purchase price which includes land/godown/office/shed etc is 6Cr.
Reason
Owner is 70 years old and the next generation is settled in UK, succession planning
Business Tags
₹10 to ₹200 Cr
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