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Devon Based Powered Access Platform Hire Business on Sale, High Profit with £300K Sales

 Undisclosed, Devon

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    13/10/23

  • Advert ID

    601101

  • Reference

    M35888N / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £550,000
  • Turnover: £308,626 (£5,935 Per week)
  • Net Profit: Not Applicable

Business Details

POWERED ACCESS PLATFORM HIRE



Highly profitable POWERED ACCESS PLATFORM HIRE, operating throughout the SOUTHWEST through the use of a fleet of lorry mounted operated platforms. Can be based anywhere within the region, optional vehicle storage yard premises available if required, ideally positioned for quick and efficient motorway access, and at the same time enjoying low overheads.

Valuable vehicle/equipment inventory, not always easy to obtain, the fleet ranging from a 3½ tonne vehicle with 20 metre platform to a 18 tonne vehicle with 37 metre platform. Includes brand new vehicle and platform at cost of £130,000, the whole fleet commanding an estimated value in the region of £300,000, suitable for a huge range of work from tree cutting and cleaning to surveys and construction.

A highly regarded long established business which continues to grow, benefiting from changes in Health & Safety legislation, ensuring its services are always in demand. Enjoying a great deal of regular repeat business, holding a valuable client base to include large 'Blue Chip' companies and Local Authorities, there being an abundance of bookings in hand at any one time.

A top performing business, excellent accounting information maintained confirming consistent trading results and increasing sales over the years. Sales 2022 £308,626 ex Vat, adjusted Net Profits in excess of £160,000, continuing to increase and expected to be approaching £200,000 in respect of the 2023 trading year. Offers a rare business opportunity, with full handover available to ensure smooth transition to new owners.

Leasehold offers in the region of £550,000 to include vehicles/equipment, Ref: M35888N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'POWERED ACCESS PLATFORM HIRE - M35888N / 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.