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Forklift hire and maintenance business for sale in [Location] with strong client base

Undisclosed

CONFIDENTIAL

  • Freehold: Price on Application
  • Turnover: £1,100,000 (£21,154 per week)
  • Profit: £187,000 (17% Profit margin)

Business Details

Provider of forklift hire, sales and maintenance

The company’s services encompass the sale of new and used forklifts; flexible short- and long-term hire agreements; the supply of spare parts for all makes and models of forklifts; and maintenance, servicing and time-sensitive repairs.

The business is an agent for a market-leading manufacturer and has a fleet of over 50 hire vehicles, ensuring strong stock availability.

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

Key Highlights

- Boasts loyal clients across the food production, engineering, logistics and retail sectors, many of which have been in place for 20 years.

- Team has a wealth of technical expertise and can effectively operate in the director’s absence.

- Operates from c.8,000 sq ft premises within a 0.9-acre site, which are owned by the business and will be included in the sale; the freehold is valued at approximately €400k–€450k.

- Ideally located site is close to numerous key transport links in the north of Ireland and can accommodate new activities, presenting scope to diversify the business’s services.

- Various assets included in the sale, including sign-written recovery trucks and vans.

- New clients accounted for 17% of the YE26 turnover, highlighting the company’s steadily expanding sales network.

Financial Highlights

- Generated a YE26 turnover of €1.2m, with an adjusted EBITDA of €187k.

- 80% of clients provide repeat business, ensuring reliable income streams.

- Low concentration; no client accounts for more than 7% of the turnover.

- Stock valued in the region of €600k.

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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 £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 forklift hire, sales and maintenance - 510607 / 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.