AO050 -Freehold Power Tool & Plant Hire Company
Business for sale
Asking Price:
£285,000
Turnover:
£300,000
Annual profit:
£36,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity now on the market for the first time.The business has been developed organically by the current owner over a 33 year period and in that time the business has established a first class reputation in the region for supplying good quality equipment time and time again. This consistency as well as its presence in the market has been a big factor in the company sustaining success for many years. The business is renowned for its excellent levels of service.
A wide range of plant & machinery are available for hire, most of which is from leading manufacturers such as Hilti and DeWalt. The majority of revenues are attributed to power tool hire(circa 80%). The remaining 20% comes via repairs, maintenance and sales. The company also has a large stock of scaffolding, which it also hires out on a regular basis. The knowledgeable management team are well placed to offer their experience to customers who need advice and assistance in sourcing the right equipment.
For many customers, this business is the first supplier they call. Relationships with customers go back many years and loyalty is another big factor in why this business has prospered for so long. The customer has some 50 regular trade customers including main contractors, builders and manufacturing companies as well as many more ad-hoc clients.
Employee details
Fulltime staff:
6
Parttime staff:
1
