The company is a highly regarded specialist provider of a comprehensive range of forklift trucks and other machinery to suit various applications and industries, benefitting from partnerships and dealership arrangements with a variety of industry-leading manufacturers.
Operating for over five decades, the company has established itself as a key player in the market and prides itself on delivering the highest quality products worldwide with a strong focus on excellent customer service.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Wide-ranging and diverse international customer base of 150 active customers.
- Has many prestigious customers, with relationships spanning a decade or more.
- Has developed strong, long-standing relationships with a number of industry-leading manufacturers.
- Experienced Shareholder remaining with the company who is capable of undertaking a management role and driving business development.
- Experienced staff team in place with in-depth industry knowledge and experience.
- Operates from leasehold premises.
- Introducing e-commerce sales of forklifts, machinery, and parts could enable the company to expand its reach.
Financial Highlights
- Turnover in excess of £5.1m with an adjusted EBITDA of £750k.
- Premises have been valued at circa £1.1m.