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Fork Lift Truck Company For Sale
Location: United Kingdom -> North East
Industry: Auto Related > Auto Dealers

Business Summary

Fork Lift Truck Company for sale. Hire Fleet, Sales (New & Used), Service, Repair, Maintenance

Ref. IP016
Location : North East/Relocatable
Asking Price : Â90,000

This very highly regarded and competent organisation specialises in all aspects of fork truck/material handling requirements, including the hire and sales of fork trucks as well as servicing, maintenance and repairs.

This independent company has a very impressive track record spanning many years, plus experience of working with all the major materials handling manufacturers. The company caters for gas, electric and diesel fork trucks as well as other warehousing and handling equipment including reach and stacker trucks.
The business provides a fully maintained hire service and has its own fleet of some 26 fork trucks, 21 of which are currently out on long term hire with the remaining 5 on short term hire. This fleet hire generates guaranteed sales revenues of circa Â60,000 p.a.

The company also sells new, used and refurbished fork trucks from all the leading manufacturers as well as parts and spares. We are advised the fleet and sales stock and plant has a value circa Â130,000. It is all highly saleable and in excellent condition.

In addition to its core services the business also provides on-site bespoke forklift operator training, and can provide dedicated operator training for smaller unlicensed access equipment on client sites. The company offers best practice and best advice on a selection of appropriate health and safety training courses.
The client mix is varied and prestigious with the business boasting a good number of loyal customers most having been with the business for many years, under contract. The majority of customers are based within the North East region.

The business model is very streamlined, with low fixed costs and no staff employed. The vendor runs the business on a day to day basis.


Asking Price Range:  < $250K
Gross Revenues:   $202,048
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  The owner would be happy to provide a comprehensive handover to ensure a seamless transistion of ownership. This should be relatiely simple as the busienss model is very simple yet effective.
Reason For Selling:  The vendor is planning his exit strategy. He also has other interests he wishes to pursue.

Print Listing Id: 700280291
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