Successful Tool Hire Company Long Profitable Trading History For Sale

Business description

This well run and successful tool & equipment hire business has been operating for the past 10 years after being established by the present owners. The business operates from an industrial unit that has been specially adapted for the business.

The majority of business comes from a large regular customer base that uses all of the services. This has been achieved by the company ethos of providing a professional high quality service to its customers that is not always found in this type of business. This is backed up by an efficient, reliable and organised administration system.

The core of the business is small plant and tool hire, repair and sales covering an area of approximately 100 sq miles from the unit.

As well as equipment hire the company are also distributers for the popular Makita and Festool brands.

Currently the business operates two transporters and a Transit van. One of the transporters is equipped to demonstrate the full range of Festools & Makita tools.

This excellent business was established 10 years ago and has been built up from nothing to become a very profitable and professional run business with little competition.

The owners have other business interests and feel now is the time to give these businesses more of their attention.

This business represents an ideal investment opportunity to acquire the freehold to a modern industrial unit fitted out to a high standard along with a very successful and profitable business that could very easily be expanded giving potentially a good return on investment.

However, it also offers to the more ambitious or experienced buyer the chance to develop the brand and expand into new areas as well as developing the existing customer base.

For someone with a similar operation it would be easily incorporated into an existing business and provide extra revenue.

Property information

Property:

Leasehold

Lease terms:

The present owners would be prepared to issue a new lease (terms to be agreed)

Leasehold rent:

£20,000 per annum

Location:

As part of a Popular and established trading estate the property is set in a secure gated estate comprising of 5 other occupiers.

Premises details:

Total 268.39m² (2,889 FT²) (Including mezzanine floor)

The unit is a modern end terrace industrial warehouse built in 2004. It is a steel clad industrial unit but the owners have had the unit adapted for extra security by having a concrete block internal wall built up to the second level.

On the front elevation there is a wide roller shutter door to the left which allows access to the main area used for the storage of hire equipment. To the right is a glass fronted shop area with the access door set in the middle and full length glass windows above in the first floor office area.
In front of the building there is an area of hard standing which is used to park the larger machines and company vehicles. The unit has allocated parking spaces for 2 vehicles.

Size in square feet:

2,889

Other information

Expansion potential:

There is potential to expand the business naturally, covering a wider area along with an increase in marketing to exploit the local potential for hire and sales.
Alternatively there is scope to expand laterally by utilising the company’s excellent reputation to possibly start to franchise the business model.

Competition / Market:

Little local competition

Support & training:

The owners will give full support to ensure a seamless transfer of the business.

Reasons for selling:

The owners have other business interests and feel now is the time to give these businesses more of their attention.

Trading hours:

Mon – Fri: 7:30am – 5:00pm
Sat: 8:30am – 12:00

Related documents:

• 
• TH610A Confidentiality Agreement