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Agriculture machinery & plant dealership

Reference
S11971
Turnover
£5m to £10m
Sector(s)
Agriculture, forestry & fishing, Motor dealerships, Service industries
Region(s)
UK Wide
Added
27 September 2024

Business description

Project Maxima specialises in the supply and servicing of agricultural and plant equipment across the Midlands.

The company’s product offering includes telehandlers, tractors, excavators, and loaders, all of which are available to purchase via the business’s e-commerce platform.
Throughout its time in operation, the company has developed long-standing relationships with globally recognised suppliers and has formed an enviable reputation within its sector. This has led to an extensive customer base and numerous contracts.
The business utilises a fully-equipped workshop to deal with most repair and servicing requirements. Service engineers are able to complete all works on-site or farm.
Our clients are now offering the company for sale to pursue other, unrelated business interests.
Offers invited.

Highlights

  • Awarded Gold Dealer status with two high-profile brands. 
  • Primarily serves customers in the farming, construction, ground care, and retail sectors. 
  • Works with 934 active customers and benefits from an extensive amount of long-standing relationships, particularly in the farming sector. 
  • Experienced and highly skilled employees in place, supported by an experienced second-tier management team. 
  • Operates from leasehold premises featuring office space, a workshop, and a storage yard. 
  • Scope for growth via the incorporation of additional products, geographical expansion, and increased hire of products.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 4,735 166
2021 (Actual) 5,194 351
2022 (Actual) 5,795 168
2023 (Actual) 7,010 394
  • YE23 turnover in excess of £7m with an EBITDA of £394k. 
  • Currently has contracts in place with various customers, providing the business with circa £160k per month. 
  • In active discussions with a construction customer which could provide up to £2.6m per annum. 
  • Approved by six councils, and is actively progressing council tenders.

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