Provides Fork Truck Tyre Fitting and Replacement

  • Leasehold Price: £2,100,000
Seller Ref:153931
For Sale

Provides Fork Truck Tyre Fitting and Replacement

Seller Ref:153931
  • Leasehold Price: £2,100,000

Description

Utilising a wealth of in-house expertise and specialist industry capabilities, the company offers professional on-site fork truck tyre replacement and fitting services, utilising high-grade pneumatic tyres and polyurethane wheels.

The company has developed an excellent reputation and a large, loyal client base, meaning that it is ideally placed for a new owner to benefit from ongoing development.

Our clients are offering a 50%+ share sale to facilitate investment in the assured growth of the business.
Asking price £2.1 million.

Key Highlights

– Operates nationally, working with clients across the industrial, manufacturing, distribution, recycling, and groundworks industries.

– Benefits from a high rate of return custom.

– Strong management team in place, with Shareholders intending to remain with the company post-sale.

– Operates from four separate leasehold premises.

– Establishing premises in other locations across the UK will assist with geographical expansion.

Financial Highlights

– Turnover in excess of 1.1m in YE22, with an EBITDA of £180k.

– Anticipated accounts from two large, national companies worth £2.3m, with discussions currently in progress.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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