Leasehold Crane Hire Business For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this established crane hire business, which was founded by our client in the 1990s and trading in its current form since May 2001. The company is only now being sold as our clients wish to pursue an alternative career path. The
company runs a fleet of four cranes and works within a reasonable local radius of the base city, which will vary on the state of the order book. The main customers are large construction firms and steel erectors and the business currently shows a healthy turnover of £287,000 per annum, with a high gross margin and excellent levels of net profit. The business is currently run with the assistance of 3 full-time and 1 part-time drivers. The sale of this profitable concern would suit an existing player in the market looking to expand their fleet of cranes to acquire additional work and contracts. There is a definite shortage of cranes within the country. Early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Rented yard
Rent: £450 per month.

Living accommodation:

Equipment A fleet of four mobile cranes is included within the sale and are Japanese Kato and Tadanos and as follows: 1 x 20T 2 x 25T 1 x 70T All are realatively modern and included within the inventory is an additional 25T crane which is used for spares.

Location:

This business is located in a large Midlands city, and is run partly from our clients' home address and partly from a yard that is rented close by. The business could be fully relocatable, but it would also be possible to continue from the fully secure rental yard. The business occupies a very central position within the country, with excellent road links and access to large geographical market. Birmingham is just 40 miles away and there is good access to the M1 motorway. East Midlands and Birmingham International Airports are both within easy driving distance, and there are also excellent rail links through the region. The Midlands region in general, combines traditional and modern industries with a tremendous volume of new build of residential housing and commercial development. This represents a lucrative market for crane and plant hire.

Other information

Trading hours:

As contracts dictate.