Based in South West England, the company provides parts for all types of machinery across the agricultural, construction, leisure, and motor industries, specialising in vintage tractor parts.
The company also offers a wide range of tools and oils from several leading brands, with which the business has developed long-standing relationships.
Priding itself on its wealth of industry expertise, the company is able to source genuine and non-genuine parts and has developed a reputation for being able to fulfil requests for parts that competitors cannot.
The business is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Provides a one-stop shop for all of its customers’ machinery parts and tools requirements and holds a significant proportion of the local market.
- Large, loyal customer base in place with some customer relationships spanning two decades or more.
- Operates from two separate leasehold premises.
- Investing in the expansion of the company’s current range of tools would facilitate ongoing growth, as sales of these have recently increased.
- Relocating to larger premises would enable the company to offer other agricultural supplies, such as gates, water troughs, or electric fencing, to its current customer base.
Financial Highlights
- Turnover of £1m in YE23 with an adjusted EBITDA of £103k.
- Holds circa £300k worth of stock.
