Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/05/23
512642
154009 / Rightbiz
Overview
The company owns, leases and sells a variety of specialist plant and machinery in a wide range of categories. This includes engineering, compressors, powered access, lifting, pipework equipment, torque, welding, floor preparation and generators.
Our clients are now offering the company for sale to facilitate retirement plans and to pursue other, unrelated business interests.
Offers invited.
Key Highlights
- Serves clients in numerous sectors, such as engineering, crane servicing and cross hire.
- All active clients provide ongoing streams of reliable revenue.
Experienced and knowledgeable personnel in place, including a second-tier management team that has the skills to move the business forwards.
- Operates from freehold trade and warehouse premises.
- Presents an ideal opportunity for similar organisations to integrate its range of products into their existing portfolio whilst expanding their market share and building relationships.
- Scope to encourage business growth by opening additional depots to cater for its national clients.
Financial Highlights
- Consolidated turnover in excess of £2m for YE23.
- Adjusted EBITDA of circa £827k.
- Gross profit margins averaging 46%.
- Consistent year-on-year growth.
- Regional equipment hire accounts for 65% of sales, whilst national clients generate the remaining 35% of income.
- 60% of the company’s income is generated via its hire fleet; 40% is derived through sales of machinery.
- Freehold premises with a market value of circa £440k included in the sale.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'Specialist Equipment and Tool Hire Business Operating Nationally - 154009 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.