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Frozen And Chilled Haulage Business Based In Glasgow

Glasgow, Glasgow City, ScotlandIdentity protected

Available

Frozen and chilled haulage business based in Glasgow

About this business

This Glasgow business has moved chilled and frozen goods for food producers, fishmongers and wholesalers since 1996, operating refrigerated vehicles from leased industrial estate premises. It has a small team of 5. Turnover has grown every year from £1.02m to £1.45m, and EBITDA from £169k to £187k, though the margin has slipped to about 13% as the work grew. Net assets are £667k against an £825k asking price. A buyer gets a long-running operation that could take on more routes with extra drivers.

Key investment highlights

  • Turnover up 42% since 2021
  • 30 years trading
  • Team of 5
  • Net assets of £667k

Reason for sale

The owner is retiring after 30 years behind the wheel and in the office.

Nothing flagged on the two questions buyers ask first

No flag

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

  • Revenue directionNo flag

    Turnover rose +5.6% in 2026.

    • 2021: baseline
    • 2022 (+6.5%)
    • 2023 (+7.4%)
    • 2024 (+7.7%)
    • 2025 (+9.0%)
    • 2026 (+5.6%)

    6 years of turnover, 2021 to 2026, as supplied by the seller.

  • Client concentrationNot stated

    The seller has not declared what share of revenue the largest clients represent.

    No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin narrowed from 16.5% in 2021 to 12.9% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.