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Pallet, Power & Forklift Truck Specialists, Hull
Price:
Offers invited
Turnover:
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Seller Ref:
1041
Location:
East Yorkshire, Hull
Business Type:
Corporate Businesses, Motor & Transport Businesses for Sale, Retail businesses, Service Businesses
See Other:
Other retail businesses for sale in East Yorkshire
Tool hire/sales for sale in East Yorkshire
Other service businesses for sale in East Yorkshire
Miscellaneous businesses for sale in East Yorkshire
Other motor & transport businesses for sale for sale in East Yorkshire
Retail businesses for sale in East Yorkshire
Service businesses for sale in East Yorkshire
Corporate businesses for sale in East Yorkshire
Motor & transport businesses for sale for sale in East Yorkshire
Description:
THE BUSINESS:
The Business is an established Pallet, Power and Forklift Truck Company specialising in Hire, Service/Maintenance, Refurbishment and New & Used Truck Sales.
Operated currently from business premises in Hull the Company successfully trades with an established base of active clients, the vast majority of which are located within Inner Hull areas.
Established in 1985, the Business is a recognised Company in Hull within this specialist area, and generates approximately 60-70% of turnover from repeat Power and Pallet Truck Hire Services. The remainder of turnover is generated from a mix of maintenance services, refurbishment of used trucks for sale, and a small portion of new sales.
Presenting a strong financial history and current profile, the Business generates good gross and net profit margins and offers scope in various areas for future growth. The Company can easily be re-located from its current workshop, store and office base, but is alternatively offered for sale with a variety of freehold/leasehold property options that can include the addition of a four bedroom detached bungalow if required.
Our Client has a genuine reason for sale and is happy to negotiate a period of handover/ongoing consultancy and involvement.
KEY FINANCIALS: T/O £137k pa GP 67% Adj. Net £77k pa
ASKING PRICE: £OFFERS INVITED
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