Business For Sale : Very Profitable Tool, Plant and Equipment Hire Company
Location : North East, UK
Leasehold | Asking Price: £850,000
A fantastic opportunity to aquire a young and dynamic tool plant and equipment hire business. The business has been built using a highly efficient and scaleable business model that is generating very impressive sales and profitability figures in a growing marketplace. This reputable and now established independent business specialises in the hire of market leading professional tools, mini-plant and ancillary equipment from instantly recognisable manufacturers. It also sells a wide variety of consumable items.
The business stocks and supplies a unique and desirable mix of quality professional tools, plant and equipment as well as consumables and complementary products to a large and growing customer base via its 2 depots. These depots are ideally located. With limited local competition, so as to effectively service its client base. The business has established itself as a one stop shop for its customers with a large range of hire and sale items avaiable ex-stock. These products include:
• Power tools
• Construction site equipment
• Hand tools
• Safety equipment
• Building equipment
In a relatively short period of time this company has positioned itself as a trusted and respected supplier, offering a high quality in demand range of products for hire. It offers competitive pricing and superb service levels with same day despatch in most cases.
The company enjoys good levels of repeat business from both trade and retail clients. The company can boast some 1000 trade account customers in total, approximately 300 of these are regular clients. It also has a large number of cash paying customers( circa 200 regulars)
The company’s customer base has grown year on year and it enjoys very impressive levels of profitability and client retention. The business is simple to run.
The business model has been put in place and is ripe for a new owner to utilise the superb and highly valuable positioning this company has developed in the North East region, to either bolt on to an existing/complementary operation or for a new owner to scale up the business to maximise the many opportunities already at its disposal.Contact: Turner Butler
[Advert Ref: BFS:IP017]