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Deal Opportunities.co.uk

the UK marketplace for company sales

Lifting & crane hire

Reference
S8953
Turnover
£0.5m to £1m
Sector(s)
Automotive, Service industries
Region(s)
South East England, South West England
Added
21 June 2022

Business description

The company specialises in the hire and provision of mobile and self-erecting tower crane’s (SETC’s) and fully managed contract lifts.

Operating regionally, the company currently caters to an active client base consisting of 140 active clients, circa 60% of whom provide reliable, repeat business on an ongoing basis.

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

Offers invited.

Highlights

  • A multi-accredited company with an excellent industry reputation.
  • Client base includes several well-known blue-chip organisations. 
  • Experienced team of employees led by a Managing Director who is willing to provide a handover period, subject to negotiations. 
  • Boasts a full a fleet of cranes, up to 220-tonne capacity. 
  • Many opportunities for expansion, including the exploration of new sectors and the implementation of additional marketing strategies.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 728 154
2019 (Actual) 1,002 180
2020 (Actual) 775 83
2021 (Actual) 585 60
  • YE21 turnover of £585k.
  • Gross profit of £211k achieved in the same year. 
  • YE22 outturn turnover of £686k.

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