Business for Sale
Customer Ref: 200060
We are delighted to bring to market an outstanding business that combines a very well-established tool and equipment hire service with a fast growing, specialist service offering.
The business generates a turnover of £4.6m and EBITDA of £1.91m. Based in the Southern half of the country, it operates from six locations with clear opportunities to grow and expand.
The business has been established for many years and has an excellent reputation and a broad and secure customer base. This is evidenced by high levels of repeat business, customer satisfaction and loyalty.
With a portfolio of 3,000 customers, there are ample opportunities to develop and build on this impressive customer base.
Part of the vendors’ success is the high quality and regularly maintained assets, the value and integrity of which, is supported by significant and regular cap-ex. The impressive range of equipment has attracted a broad spectrum of customers from serious DIYers, to trade customers across numerous sectors.
The company uses Syrinx and Xero accounting software and several other financial management tools that provide high quality management information and allows for efficient financial control and effective management control.
The owners of the business have built up an experienced, knowledgeable and loyal staff of some 30 employees over many years. This is reflected in the low level of staff turnover and employees who feel valued and are rewarded appropriately through various bonus and incentive schemes.