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Deal Opportunities.co.uk

the UK marketplace for company sales

Plant hire - construction, demolition & waste management

Reference
S6430
Turnover
£1m to £2m
Sector(s)
Business services, Miscellaneous, Service industries
Region(s)
UK Wide
Added
04 September 2019

Business description

An independent plant hire company supplying excavators, dozers and rollers, along with qualified operators, to clients in a variety of industries, including construction, demolition, waste management and landfill.

Having built the business up over the years, the shareholders are now offering the Company for sale to facilitate the owner’s retirement.

Offers invited.

Highlights

  • 30 active clients in the UK, approximately 95% of whom provide reliable, repeat business on an ongoing basis.
  • Provides a 24/7 emergency breakdown service on both short-and long-term hires.
  • The Director has indicated that he would be willing to provide a short handover period, subject to negotiation.
  • Operates from freehold premises situated on an industrial estate with good transport links to major motorway networks.
  • Excellent potential for involvement in upcoming infrastructure work.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 1,213 480
2018 (Actual) 1,001 429
2019 (Actual) 1,268 570

  • Turnover of £1.2 million in FY19.
  • Adjusted EBITDA OF £570k in in FY19.
  • Adjusted EBITDA margin of 45%.

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