Tool & Plant Hire Business With Two Large Outlet Businesses For Sale in United Kingdom at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Tool & Plant Hire Business With Two Large Outlet

Location  United Kingdom
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1492000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1987
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  The vendor is agreeable to a period of handover and training for the transition of operations to new ownership.
Reason for Sale  After 23 years building the business, the vendor is looking to take his retirement and pursue other interests including spending more time with his children.
Description  Established Tool and Plant Hire Business For Sale with Two Large Outlets Ref.JH016 Location West London Asking price: œ895,000 + stock at valuation This now well established and profitable tool and plant hire company originally began trading from a newly fitted site in South London in 1987. With limited competition the business rapidly grew to become a successful and sizable operation, and in 2007 the opportunity was taken to acquire another similarly developed tool hire operation operating from a large site in West London. The operations at the new location continue to build on already long established tool hire business. With recent investment in the property, streamlining of operations and the placement of key staff, the new branch has shown steady growth, and puts the company in a strong position for future expansion and further investment. The business hires heavy plant, tools and equipment to a huge range of customers, from local builders, contractors and tradesmen stopping by the one-stop shop on a daily or weekly basis, to larger blue-chip accounts and local authorities, whose teams use the plant and services when working in the area. There is a large database of trade accounts, with the majority of customers being smaller builders / developers employing up-to 10 people. This large and diverse range of customers gives the business a great deal of stability without the reliance on any one major trade account.
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