Well-established and popular provider of tools and plant equipment available for hire.

  • £180,000
Enfield, London, England
Well-established and popular provider of tools and plant equipment available for hire.
Enfield, London, England
  • £180,000

Overview

  • Business, Service Businesses, Tool Hire/Sale Businesses,Equipment Hire Businesses, Plant Hire Businesses, Tool Hire/Sale Businesses
  • Property Type

Description

****PRICE NOW REDUCED****
This is a rare opportunity to acquire a successful business located in a prime location in North London.
Operating for over 25 years, the business has become a vital part of the community and as a result has earned an enviable reputation in the area. This reputation has allowed the company to build a strong relationship with their customers, the majority of which are regular clients.
Over the past three financial years, the business has posted impressive numbers. Gross profit has always remained over £200,000 during this period, whilst in the most recent financial year between 2022 and 2023, Adjusted Net Profit increased by 38%.
Further Unique Selling Points relating to the business include:
• Large storage area and yard also included with the property.
• Huge further growth potential.
• Turnover of £250,000 for the most recent financial year.
This unique opportunity to acquire such a long-established and much-loved business is now only available due to our client’s wish to retire. As a result, viewings are highly recommended in order to avoid disappointment.
This project represents an ideal acquisition opportunity for those looking to expand their current portfolio in the sector or for an ambitious new market entrant who believes they can take the company to the next level.

Details

Updated on January 8, 2025 at 3:00 am
  • Price: £180,000
  • Property Type: Business, Service Businesses, Tool Hire/Sale Businesses,Equipment Hire Businesses, Plant Hire Businesses, Tool Hire/Sale Businesses
  • Tagline: Equipment Hire Businesses, Plant Hire Businesses, Tool Hire/Sale Businesses
  • Annual Net Profit : £100,000
  • Annual Turnover: £251,000

Find out more about this business opportunity:

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