Key Features:
- Trading around 50 years
- Strong dealership relationships
- Diverse and repeat client base
- Prime location with excellent road access
- Growth opportunities in online sales
This materials handling business, established for around 50 years, focuses on forklift trucks, offering sales, hire, servicing, and repair of new and used models. Turnover sits at over £1.2 million with a gross profit margin of around 30%. The business operates with a team of 10 full-time staff plus vendors, and the current managing director is prepared to assist with the transition to new ownership, providing a smooth handover process.
Situated in The Midlands, the premises provide ample workspace, including office areas, a warehouse, and storage sections. The location offers excellent road access and visibility, supporting operations in the industrial, warehousing, and logistics sectors. The business is currently leasehold with an annual rent of £29,950, and there are renewal rights under the Landlord and Tenant Act. There is also an option to purchase the freehold separately.
Trading hours are Monday to Friday, 08:00 to 17:00, with potential for growth through extended hours and online sales. This profitable business benefits from strong supplier relationships and a diverse client base. Interested parties should consider the financial stability and established market presence when evaluating this opportunity.
Established materials handling specialist since 1976Strong supplier relationships across leading forklift brandsDiverse client base across industrial and logistics sectorsProminent location with excellent road accessProfitable business with a 30% gross profit marginLeasehold with renewal rights; option to purchase freeholdSkilled team of 10 full-time staffGrowth potential in online sales and extended trading hours
Full share purchase offers c.£140,000 + Net Current Assets (+Freehold optional) | Business Ref: M36316V
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