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41 Year Trading History
Annual Turnover £250,000
EBITDA Approx £90,000
A Broad And Secure Database
New Lease Available
EPC - E
Blacks Brokers are pleased to bring to the market this exceptionally long established and highly profitable Industrial Lifting Equipment business based in North of England
This well Established Business was set up by our client in 1973 and has become a well known & trusted business in this sector with a broad and secure customer database and a reputation second to none. The business offers an array of services including sales, hire and repair of industrial lifting equipment. Offered for sale now due to our clients other business commitments, this opportunity becomes available on the open market.
Situated on a small industrial estate the business is housed within an industrial unit with parking for around ten cars. The property is a single storey building, purpose built industrial unit with rent of only £337 per week. The location is perfect for this type of business as it lies approximately close to Motorway Networks . Inside, the business is well presented with a professional, branded reception frontage which leads to a stock area and warehouse. The warehouse area includes a mezzanine floor. Supporting all of this, is a staff area and administration office as well as a separate office for the Managing Director.
The business is currently running with four pivotal members of staff in place, of which all are reliable and knowledgeable with specific skill sets for their roles. Two staff are part time and two are full time. The business generates an annual turnover of £250,000 with over 2,300 companies on their database, which range from other tool hire companies to circus organisations and many other businesses where lifting equipment is required including stage productions, rock concerts and the building industry.
As a successful, long established business with a vast customer base, reputation and excellent profit margins in place, this is an exceptional opportunity for a new owner. The business has staff in place and a new owner could potentially have minimal input or a more active role as desired. This could also be a wonderful extension of another similar business looking to expand its database and locations. Viewings are requested outside of business opening hours – after 17:00 during the week or at the weekend – and come highly recommended, early interest and completion are highly anticipated.
MON - THU: 08:00 - 17:00
FRI: 08:00 - 16:00
SAT & SUN: CLOSED
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