Business for Sale

Customer Ref: 2000047

This Business is Under Offer

Business profile

This well established rental business enjoys a strong brand and reputation in the North West where it has been trading for over 27 years. The company has enjoyed consistent organic growth and now has 4 trading locations.

The owners have developed the business by overlaying the core tools activities with specialist stand-alone operations in light plant and powered access. The business is showing continued growth.

Customers

The company enjoys a loyal customer base of circa 800 companies predominantly small and medium sized building contractors, local industrial businesses and retail clients. The addition of the specialist activities has further cemented the relationships and trading revenues with this SME customer base. The company benefits from strong repeat business.

Assets

The management have implemented strict asset and purchasing controls. The equipment is well maintained, well presented and the products are predominantly of the leading hire industry brands including Skyjack, Niftylift, Kubota, Thwaites and Youngman.

IT systems

Our client operates the Syrinx rental IT package for control of assets, invoicing and intel.

Staff

Employing 28 local experienced and trained staff, understandably many are long serving. The business operates Monday to Friday 07:30-5:00 and Saturdays 08:00-12:00.

		Northwest/Multisite
		Tools, Equipment, Light Plant, Powered Access, Training, Consumable Sales.
		Turnover: £4.7M.
		Net Profit: 0.7M
		EBITDA: £1.25M / Undeclared
		Depots/Premises: 2 x Freehold, 2 x Leasehold

Key opportunities

This business is highly scalable with a strong regional presence. Whilst, it offers scale and immediate revenues for an existing rental operator seeking to expand its network, it also offers opportunities for an investor seeking growth via increased locations, investment in specialist equipment and increased sales activity.

Information Memorandum

An Information Memorandum (IM) has been prepared for this business. It gives significantly more details of the business than is available here. These details include the business name and address, three-year account summaries, customer information, hire equipment used and locations of the companies different sites.

If the sale should fall through, and you are interested in receiving a copy of the IM, please click on the button below. We will ask for your contact details and send you a Non-disclosure agreement to sign. Once returned we will contact you and discuss next actions.