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the UK marketplace for company sales

Sweeper hire

Reference
S6378
Turnover
£2m to £5m
Sector(s)
Automotive, Miscellaneous, Service industries
Region(s)
North East England, North West England
Added
12 August 2019

Business description

With an expansive fleet of quality road sweepers andextensive experience in the industry, the business provides comprehensive hire services for a diverse client base across the north of England.

Core services offered by the business include the following:

  • Road sweeping
  • Drain jetting
  • Gully emptying
  • Jet washing
  • Airport sweeping
The shareholders are now offering the company forsale as part of their retirement plans and are willing tosupport the new owner for a handover period.

Financials

  • Achieved turnover of £2.6m in YE18, with adjusted EBITDA in excess of £900k.
  • YE19 turnover of £2.5m, with adjusted EBITDA of circa £750k.
  • As at 31st March 2019, the company’s balance sheet included net assets of £1.76m, with cash of circa £1m.

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