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Turnkey Material Handling Equipment Business with Trusted Client Base for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/07/24

  • Advert ID

    614228

  • Reference

    156263 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £2,600,000 (Ā£50,000 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Provider of materials handling equipment sales and hire

The company provides the hire and sale of used materials handling equipment, ensuring that each vehicle operates to a high quality.

The sales and hire solutions ensure that clients can acquire and utilise the most suitable materials handling equipment. The businessā€™s stock includes counterbalance forklifts, reach trucks and Teletruks.

The company undertakes Thorough Examinations on each truck, carried out by in-house service engineers, which is facilitated by the businessā€™s CFTS accreditation.

Our clients are now offering the company for sale to facilitate their retirement plans. Offers invited.

Key Highlights

- Network of 350 active clients across the UK within sectors such as construction, warehousing, manufacturing, and logistics.

- Maintained long-standing relationships with key clients, some of which span over two decades.

- Management personnel effectively oversees daily business operations without the shareholdersā€™ input, presenting a turnkey opportunity.

- Operates from leasehold office and workshop premises.

- Centralised location facilitates access to clientsā€™ sites within the Midlands.

Financial Highlights

- Generated a consolidated YE24 turnover of Ā£2.6m, with an EBITDA of Ā£346k.

- Net assets of circa Ā£1.4m.

- Flexible hire options, comprising short-term, lease and contract agreements, generate recurring revenue.

- Reliable income secured through scalable maintenance programmes.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring Ā£1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Provider of materials handling equipment sales and hire - 156263 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.