Other Service Businesses for sale in Swadlincote

View the "Forklift Hire and Maintenance Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: £629,500 Price Reduced Annual Turnover: £194,000
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Business Description


Intelligent Business Transfer are excited to offer to the market this very rare opportunity to purchase a very profitable Forklift Hire and maintenance company in Chesterfield. Phillips Forklift Services has been trading for twenty years, and within this time has gained a superb reputation in the industry whilst growing on a month-by-month basis.

The business offers its customers with a diverse range of Forklift’s to choose from in order to accommodate for their different needs. The business has commercial clients throughout the UK and has many Forklift trucks currently rented out on long term leases. The business current has seventy forklift vehicles and all of them are included within the asking price.
Despite the business having great foundations for future success, there are several ways in which the financial figure could be improved significantly. One way in which this could be done, could be to improve the vehicle servicing part of the business and to introduce a sales element to the business. This could be done as there is enough space to accommodate more vehicles and the equipment to carry out repairs and servicing. This would significantly increase the Sales revenue and increase their customer base. The business does not advertise its services currently and if this were to be done plus expanding the area in which they offer their services, this would also increase the sales revenue significantly.

The turnover of this business has generally inflated year upon year up to its current state which is consistently turning over £190,000 plus. The business is predicting a significant increase on this figure in 2014 and has forecasts to show the businesses predicted turnover is in the region of £320,000. This has been achieved with minimal advertising and could be further increased if this were to be improved.

The current owner is looking to sell the business as he is now looking to retire. This business would suit an entrepreneur with the drive and energy to manage this busy company and implement the potential changes mentioned above. There are several ways in which this business could further increase its Annual Turnover and because of this, we strongly advise an early viewing to avoid the disappointment of missing out.
Number of Employees: 3

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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