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Deal Opportunities.co.uk

the UK marketplace for company sales

Repair services, vehicle & tool hire

Reference
S11201
Turnover
£1m to £2m
Sector(s)
Automotive, Miscellaneous, Service industries
Region(s)
UK Wide
Added
05 December 2023

Business description

The business specialises in offering a comprehensive selection of utility-focused vehicles, machinery, and tools. Its fleet encompasses various van sizes.

Alongside a range of machinery such as excavators and dumpers, complemented by specialised equipment including compressors and pipe trailers.
The company distinguishes itself through its commitment to providing a convenient one-stop solution that covers equipment, supplies, and efficient repair services, solidifying its position as an industry leader renowned for quality and reliability.
Offers invited.

Highlights

  • Benefits from 30 active clients, all of which provide reliable, repeat business.
  • Experienced and dedicated team in place, all of whom are willing to remain, post-sale. 
  • The company has cornered two strong markets by offering both vehicle hire and tool hire, providing a one-stop shop for clients. 
  • 80% of the company’s sales are derived from existing clients. This is secure and reliable revenue that the business benefits from annually. 
  • Operates from leasehold premises, which are shareholder owned and can be included in the sale.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,138 251
2021 (Actual) 1,521 881
2022 (Actual) 1,522 854
2023 (Actual) 1,526 904
  • YE23 nine months management turnover of £1.5m, with an adjusted EBITDA
    of £904k. 
  • YE22 turnover in excess of £1.5m with an adjusted EBITDA of £855k. 
  • The company’s turnover has increased by 33% between YE20 and YE22. 
  • Holds a total asset value of £3.6m.

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