Project Avant

Ref: David Fletcher

Midlands based freight forwarding and retail distribution company.

• Established in 2003
• £6.4m sales increasing to £20m + in current year
• Turnover has the potential to increase to £50m in 3 years
• Est EBITDA -£2.4m in current year
• Largest customer has awarded the company full distribution rights to the UK
  premium retail
• Investment (or existing capacity) is required to handle the new volumes and the owners believe the business may be better served within a larger organisation
• Currently 30k sq ft warehouse
• Est 100k sq ft required for new business volumes
• Current Fleet of 11 trucks
• Est 20 to 30 required
• Bond facility would be ideal
• Established and experienced management team
• Owner/managers willing to support the transition