Business for Sale

Customer Ref: 200060

Business profile

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.

Customers

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.

Assets

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.

IT systems

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.

Staff

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.

		Southern England/Multisite
		Tool, equipment and services
		Turnover: £4.6m
		EBITDA: £1.91m
		Depots/Premises: 6 x leasehold

Key opportunities

This opportunity will appeal to a number of different acquirers. For the entrepreneur, seeking to build or consolidate a regional position, it offers a combination of critical mass, growth through cross fertilisation, and considerable opportunity to expand its specialist service offering.

For the larger corporate, it offers immediate revenue and the opportunity to improve returns through operating synergies and efficiencies. For the investor community, it offers the opportunity to invest in, and build upon, a solid foundation of reputation, proven performance and good business practice.

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 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.