Turnover in excess of £2.8M with an adjusted EBITDA of £316K.
Projected turnover of £3.1m in YE20.
Spent over £50k upgrading IT software in YE18.
Long-established company operating for over 37 years.
Offers new and used forklift batteries, off-grid batteries and rentals.
Serves clients in industries such as car manufacturing, distribution and storage, logistics, hospitals, airports, dairy production, food and beverages and standby and solar power.
Approximately 268 clients, of whom 90% provide repeat business.
Shareholders willing to remain with the company in an advisory role for a period of time post-sale.
Operates from leasehold premises in the Midlands, with clients flexible regarding their inclusion in the sale on a freehold or leasehold basis.
Offered for sale to facilitate retirement and relocation of Shareholders.