Business for Sale Overview:
Established in the mid 1980’s, this business has grown to become one of the leading independent fork-lift truck services companies in the South East of England. Operating from low cost premises, this business specialises in the hire, lease, sale, service and repair of fork lift trucks - any make, any model – serving a wide range of customers throughout the UK but predominantly located within the southern home counties.
Although this business sells trucks – working with all of the major dealerships, the vast majority of its turnover is in hire, service and maintenance. It can boast a very loyal, longstanding customer base of approximately fifty companies, for many of which it operates in a preferred supplier capacity. As well as working on customers’ own trucks following breakdown or for servicing, the hire packages this business offers are all inclusive of service and maintenance. Having originally acquired new models as part of its ‘fleet’, the focus more recently has been towards good used models that haven’t worked too hard which represent excellent value in the current market.
Competitive pricing combined with very high levels of customer service – this business is on call twenty four hours a day, seven days per week - have been major factors in the growth of this business. All trucks supplied have the backing of experienced mobile engineers who carry out planned maintenance and repairs to all makes of truck.
With the wealth of experience this business has of the range of trucks available on the market, together with its enviable relationships with the major manufacturers this business is well equipped to advise and supply the best machines available to meet Client needs, with any make or model configured to meet a precise specification of reach, height and capacity. This business has trucks in some of the most demanding applications possible but by listening to its customers requirements, it ensures that whatever machine is supplied it can cope with whatever is put in front of it.
With projected turnover of approximately £470,000 for the financial year ending December 2009 generating pre-tax net operating profits of almost £315,000, this represents an excellent opportunity for an existing operator within the fork lift truck services sector to extend their market share by acquiring a very well established, highly profitable business with an excellent reputation for customer service.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business operates from a Home office environment and as such will need to be re-located.
Market Competition and Expansion:
This business has a constant presence in the editions of Yellow Pages that cover its main areas of operation as well as featuring on yell.com. It has a simple, well designed, easy to navigate web-site which performs well in all the major search engines for all the appropriate search topics.
There is no doubt however that a high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation generating high levels of first time inquiries and significant repeat custom.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.