The company has been in operation for over 80 years and has established strong business relationships with clients and suppliers through its reputation of being a reliable and flexible contractor.
The business offers a wide variety of machinery, including diggers and telehandlers, and also undertakes a small amount of groundwork for trusted clients.
The company holds a number of accreditations and is a member of the UK’s biggest associations, such as CPA, an organisation whose members provide 85% of all hired plant to the UK construction industry.
The shareholder is selling the business in order to facilitate his retirement plans.
Offers invited.
Key Highlights
- Extensive asset register to be included in the sale, totalling £1.6m.
- Clients include the construction industry, house builders and civil engineers.
- Sales remit includes all areas of Yorkshire, Lancashire and Cheshire, as well as travelling to other areas of the UK when required.
- Strong client relationships ensure repeat business on a regular basis.
- Current employees, who are fully qualified and experienced, to retain their positions.
- Operates from 1.25-acre freehold premises. The shareholder is willing to discuss including the premises in the sale.
Financial Highlights
- YE23 turnover of circa £1.9m with an adjusted EBITDA of £527k.
- Turnover has been in excess of £1m for the previous four financial years.
