Summary
- Asking price:
-
£195,000
- Sales revenue:
- £500,000
- Net profit:
- Available on request
- Years established:
- 1991
- Employees:
- The company currently employs 12 full time and one part time staff including the owner.
Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never before been brought to the market for sale.
The business has been developed organically by the current owner over a 17year period, and has become well established in the local area for Plant hire and Building Contractor services. As an independent company with high service values, the company has earned an enviable reputation, and this opportunity would be of equal interest to either an individual entrepreneur perhaps currently working in this industry sector, or a larger operator looking to bolt on a valuable plant hire business to their core operation.
Property information
- Property:
- Leasehold
- Lease terms:
- . The owner of the business also owns the freehold, which he wishes to retain. This gives the new owner the benefit of negotiating a new 3 or 5 year lease on the storage building which has water and electricity connected. Rent will be approximately £8,000 for approximately 6000 square feet of storage space.
- Location:
- The business is located in a small industrial park type location amongst similar other warehouse type buildings. The owner of the business also owns the freehold, which he wishes to retain. This gives the new owner the benefit of negotiating a new 3 or 5 year lease on the storage building which has water and electricity connected. Rent will be approximately £8,000 for approximately 6000 square feet of storage space. The building also benefits from the fitment of an alarm.
Office facilities may also be rented by separate negotiation.
Other information
- Expansion potential:
- This business has grown organically over a long period and has developed a solid platform for a new owner to drive the company to a higher level.
- Competition / Market:
- As previously mentioned, advertising and marketing has never been felt to be important, apart from their regular entry in Yellow Pages. This will probably be seen as a key area for development by a new owner, as the business is located in a rural area with low footfall and passing traffic.
- Support & training:
- All support and training will be provided during handover, as part of a successful sale package.
- Reasons for selling:
- It is the owners wish to now enjoy a well earned retirement.
- Trading hours:
- Monday – Friday: 9.00am – 5.00pm Although due to the nature of the business a great deal of flexible hour working is involved.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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