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Fork Lift Truck Hire, Sales And Service Company
Location United Kingdom
Asking Price Range $1.0M - $2.5M
Gross Revenues $2581456
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1982
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Full support and training will be provided for a negotiated period of time
Reason for Sale Retirement Sale
Description Fork Lift Truck Hire, Sales and Service company
Prime Location
Ref.IP011
Location North Wales/Cheshire area
Asking Price œ 1,300,000
This fork lift truck hire, sales and service company is based in a prime trading location within the North Wales/Cheshire area. The business occupies a particularly spacious site with ease of access to the motorway network and the M65 Motorway for North Wales. Turnover for 10 months to January 2012 is currently in excess of œ1,340,000, with an EBITDA of cœ207k. The company has a fleet of some 250 forklifts of which over 150 are wholly owned with the remainder on finance agreements with customers.
The company has been established for over 30 years and has developed an enviable reputation within the industry.
The business has an extensive casual hire fleet, which includes pallet trucks, pedestrian, reach trucks, side loaders, rough terrain and 1.5 ton to 30 ton gas, diesel and electric counter balance fork-lifts. It has a fully equipped workshop, and is able to offer a full service and maintenance programme on either a casual or contract basis.
In addition, the company has a substantial fleet on long-term contract hire to customers, or on a lease purchase with service agreements in place to guarantee future income. The company is also an agent for all major manufacturers for the sale of new fork-lift trucks.
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