The company offers a fast, efficient, and friendly tool and plant hire service across London and the surrounding areas.
Priding itself on its wealth of in-house knowledge and expertise, the company advises its clients on the correct equipment for their requirements, providing a comprehensive range of well-maintained tools and plant at competitive prices.
The business is being offering for sale to facilitate the Shareholders' retirement plans.
Key Highlights
- Benefits from a large, loyal client base with a high rate of return custom from clients across the public, construction and associated market sectors.
- Strong second-tier management team in place.
- Established for almost three decades.
- Operates from leasehold premises that are owned by the Shareholders and can be included in the sale.
- Introducing a range of proactive marketing activities could significantly expand the company's client base.
Financial Highlights
- Generated a YE23 turnover of circa £1.4m, with an adjusted EBITDA of £440k.
- Average adjusted EBITDA margin of 34% between YE21 and YE23.
- Shareholder funds have shown year-on-year growth, increasing by 44% from YE21 to YE23.
