The company specialises in the supply, maintenance, and repair of industrial lifting and height safety equipment, alongside providing statutory examinations.
A prominent operator within the sector, covering both a full range of lifting services, as well as offering certified used lifting equipment.
Operating regionally, the company benefits from 76 active customers, 70% of whom provide ongoing repeat business.
The business is being offered for sale due to health issues and to facilitate the growth of the company under the impetus of new ownership.
Our client is open to all types of structured offers, subject to negotiation.
Offers invited.
YE23 turnover in excess of £557k.
71% increase in EBITDA from YE20–YE23.
Operating within a sustained market, currently valued at £4.1 billion nationally and is expected to grow at a CAGR of 3.1% until 2028.
Has built and maintained relationships with a high number of blue-chip customers, which span up to 25 years.
Operates from freehold premises, with a market value of circa £300k. Our Client advises that the property can be included in the sale on either a freehold or leasehold basis.
Recruitment of strong leadership positions and additional skilled workers would allow for an increased workload and a drive in sales, as the company is currently operating at full capacity.