Overview
Description
The company specialises in the hire of small-to-medium plant, construction equipment and welfare units. It provides excavators / earthmoving plant, compaction equipment, access equipment, general tools and welfare units, including portable toilets.
Operating across South West England, the company caters to clients in the construction, engineering and hospitality sectors, as well as private individuals.
The Managing Director is offering the business for sale as he wishes to explore other, unrelated opportunities.
Offers invited.
Key Highlights
– Caters to 300 clients, approximately 85% of whom provide repeat business.
– Long-standing client relationships, some of which span over eight years.
– Strong second-tier management team in place.
– Operates from three leasehold premises.
– Further growth could be achieved through the purchase of additional plant.
– Local market experiencing an increase in demand from the hospitality industry post-Covid.
Financial Highlights
– Turnover of £1.5m, with an adjusted EBITDA of £265k.
– Outturn of £1.8m.
Is this business relocatable:
Is stock included:
Listed By:
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