Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Fork Lift Truck Hire, Sales And Service Company
LISTING DETAILS
Firms For Sale ID:
29252
Vendor reference:
IP011
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,300,000
Turnover / revenue:
£1,600,000
Net profit / cashflow:
Undisclosed
Years established:
1982
OTHER DETAILS
Reason for selling:
Retirement Sale
Support and training:
Full support and training will be provided for a negotiated period of time
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Fork Lift Truck Hire, Sales and Service company
Prime Location
Ref.IP011
Location North Wales/Cheshire area
Asking Price £ 1,300,000
This fork lift truck hire, sales and service company is based in a prime trading location within the North Wales/Cheshire area. The business occupies a particularly spacious site with ease of access to the motorway network and the M65 Motorway for North Wales. Turnover for 10 months to January 2012 is currently in excess of £1,340,000, with an EBITDA of c£207k. The company has a fleet of some 250 forklifts of which over 150 are wholly owned with the remainder on finance agreements with customers.
The company has been established for over 30 years and has developed an enviable reputation within the industry.
The business has an extensive casual hire fleet, which includes pallet trucks, pedestrian, reach trucks, side loaders, rough terrain and 1.5 ton to 30 ton gas, diesel and electric counter balance fork-lifts. It has a fully equipped workshop, and is able to offer a full service and maintenance programme on either a casual or contract basis.
In addition, the company has a substantial fleet on long-term contract hire to customers, or on a lease purchase with service agreements in place to guarantee future income. The company is also an agent for all major manufacturers for the sale of new fork-lift trucks.