Plant Hire, Earthworks, Excavation Business
East Midlands
Advert ref: 3028TPBW
The business has a fabulous reputation within the sectors it operates, providing an experienced, knowledgeable and reliable workforce with a vast range of equipment. Contracts undertaken include Landfill Engineering – Quarry Work – Forest and Farm Tracks – Lakes and Reservoirs – Railway Bulk Loading/Unloading – Heavy Haulage.
The General Manager of the business oversees the day to day site operations and running of the fleet, working closely with the foreman looking after a team of 16.
The lease on the premises has 19 years left to run, with the rent and rates costing £6,400pa
A comprehensive list of the assets/plant/machinery can be provided
Financial figures can be forwarded on completion and submission of an NDA
Our Opinion:
This is a fantastic opportunity to acquire a well established business with a great foundation, reputation and ongoing contracts. They have just experienced their most successful 12 month trading and this is projected to continue throughout the rest of 2022 and beyond.
VIEWING HIGHLY RECOMMENDED
Strictly By Appointment Only. This is a strictly confidential sale and no attempt must be made to approach the vendor or staff directly. Please phone this office on 01775 761225 and we will be happy to arrange this for you. Let us know when you would like to visit, and we will make the necessary arrangements
Key features:
- In the same ownership for over 30 years
- Goodwill £700,000 plus Physical Assets Net Value £800,000
- Blue chip customer list with many being with the business for a number of years
- Highly experienced, long standing team in place
- 2nd tier management able to run the business on a day to day basis
- Leasehold premises, with offices, workshops and yard. Fully secure.
- Extremely long term relationships with all key customers in place
- Business throughout the Midlands, East Anglia and South East UK.
- Strong reputation within sectors, with admirable testimonials.
- Share sale acquisition
Property Details: Leasehold
Asking Price: £1,500,000 (Leasehold)
Financial Details
- Leasehold: £1,500,000
- Turnover: undisclosed