Sector |
Turnover |
Location |
|---|---|---|
| Plant Hire | £3.3m | Scotland, UK |
Business Opportunity:
An opportunity exists to purchase the entire trading businesses and assets of an independent provider of powered access equipment hire and material handling equipment hire, the Companies specialise in the short term hire of Access Equipment, Forklift Trucks, Telehandlers and Lifting Equipment, both businesses operate throughout Scotland within the same group of Companies. The businesses have a long established heritage and provide a range of working at height training, compliance/proof load testing and training, alongside equipment hire. Funding available (subject to status).
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.
Business Overview:
- Established Businesses
- Ongoing Hire & Training Projects
- Highly Cost Efficient Service
- Established Client base
- Leasehold Trading Premises
- Combined EBITDA c.£1.5m
Financial Information:
Access Equipment Hire Business:
12 Months to 31/7/22:
- Turnover £2,858,832
- Gross Profit £2,178,343
- Net Profit (before tax) £501,220
16 Months to 31/7/21:
- Turnover £3,119,000
- Gross Profit £2,462,207
- Net Profit (before tax) £493,774
12 Months to 31/3/20:
- Turnover £2,612,849
- Gross Profit £2,004,277
- Net Profit (before tax) £324,581
12 Months to 31/3/19:
- Turnover £2,659,852
- Gross Profit £1,944,240
- Net Profit (before tax) £387,030
Material Handling Hire Business:
12 Months to 31/7/22:
- Turnover £522,338
- Gross Profit £397,939
- Net Profit (before tax) £301,501
18 Months to 31/7/21
- Turnover £462,488
- Gross Profit £353,345
- Net Profit (before tax) £2,198
12 Months to 31/1/20
- Turnover £572,658
- Gross Profit £483,873
- Net Profit (before tax) £33,032
12 Months to 31/1/19
- Turnover £731,530
- Gross Profit £596,253
- Net Profit (before tax) £80,341
Assets Available for Sale:
- Fixed Assets (combined NBV circ. £5.4m—Includes encumbered assets)
- Trading Businesses
- Client Bases
- Goodwill
- Intellectual Property
- Debtors
Location:
Scotland, UK.
Deadline for Offers:
All interested parties are encouraged to register an interest in the business with MBV before 25th April 2023. All offers will ultimately be required to be supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact Tom McWilliam or Damian Short at the Glasgow office on 0141 478 0732.