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Based in the west midlands
FY19 turnover of £3.55m, with an adjusted EBITDA of circa £430k. FY18 turnover of £2.56m, with an adjusted EBITDA of circa £470k. Net asset book valued at circa £5m. Provides a range of specialised temperature controlled vehicles for rental and sale, with highly experienced staff in place who can manage the conversion of vehicles for temperature controlled applications. Serves over 200 clients and gains repeat business from 80%. A number of clients have contracts in place with the company for maintenance and servicing of vehicles. Generates revenue on a national basis. Strong second-tier management team in place, able to run the business on a day-to-day basis. Operates from freehold premises which our client is flexible as to offering on either a freehold or leasehold basis. Our client is offering the business for sale to facilitate growth of the business under the impetus of new ownership. Offers invited.