Business description

Key Points:
Established in 2005
Continuous growth cycle
Located in a prime trading position
Loyal trade and domestic customer base
Extensive selection of plant and tools for hire
Excellent hire rates obtained due to little local competition
Turnover £1.1M Gross Profit £278K Net Profit £100K

Business Activities:
The company currently provides a wide range of tools and small plant for hire to the general public, building contractors and other trades. The business also sells tools, garden machinery, and consumables and has a small servicing operation. These areas could, if required, be further developed to increase turnover and profitability.

The company trades from modern leased premises which include a workshop, sales floor, and office and storage area. Larger machinery is kept at an additional yard nearby. A new lease will be granted to the purchaser. The company benefits from being situated in a semi-rural location and attracts a variety of clients from builders? merchants, manufacturing businesses, land owners and estate managers together with the general public.

The vendor feels potential exists to build on turnover as only minimal marketing has been undertaken and the majority of growth has been through achieved through recommendation and repeat custom. In addition, it is felt that an existing operator would capitalise on equipment that is currently rehired from other hire companies.

The vendor oversees the day to day operations and is supported by an experience team of eight staff.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Leasehold