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Deal Opportunities.co.uk

the UK marketplace for company sales

New & used plant sales and associated services

Reference
S7476
Turnover
£2m to £5m
Sector(s)
Business services, Distribution, freight & logistics, Engineering, Miscellaneous, Retail & wholesale
Region(s)
Wales
Added
09 February 2021

Business description

The group is an established supplier of plant to companies in a broad range of sectors, including construction, landscaping and local authority.

Having built up a strong and reputable business over the years, the owners are now offering it for sale as a part of their retirement plans. The current owners are willing to provide a handover period to ensure a smooth transition if required.

Offers invited

Highlights

  • The group specialise in machinery distribution, machinery servicing, parts sales and heavy haulage. 
  • Established for over 45 years and highly respected within its sector, with potential via digital/on-line parts sales and an increase in its product range. 
  • Represents global brands within its portfolio, offering its product range and services to a clients operating within a variety of sectors such as local Government, utilities, tool and plant hire and construction. 
  • Benefits from strong client retention rates with some relationships lasting for over 20 years. 
  • Highly experienced management team in place, possessing the skills and expertise required to operate the business on a day-to-day basis. 
  • Operates regionally from a property owned by the shareholders and rented to the company.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 1,410 19
2018 (Actual) 2,300 98
2019 (Actual) 2,188 98
2020 (Actual) 2,307 115
  • Consolidated YE20 turnover of £2.3m with an adjusted EBITDA of £115k.
  • Gross profit of £510k. 
  • Shareholder funds of £352k.

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