Business DISPOSAL

Specialist Material Handling Equipment Supplier

Price : Offers Invited
Our Ref : DSM0036​

Progressive | Strategy | Value

Offer Being Considered

Ravens Wood Corporate are delighted to bring to the market a
Specialist Material Handling Equipment Supplier

Price : Make an Offer

Financials

Year GP Ebitda
2016 £1,261,400 £659,900
2017 Forecast £1,212,000 £650,000

Key Features​

Turnover: £5.1m Forecast October 2017
Reason for Selling:Our client wishes to sell as part of there retirement planning
Established :Established 1950 and acquired by the current shareholder in 2000

Scope

Contract and Service exclusivity

The business enjoys exclusivity in the North of England and the Central Belt of Scotland

Expansion Opportunity

The business has excellent scope for expansion into the Midlands and southern England

Core activity

Sale, hire, service and repairs of material handling equipment including forklifts, warehouse equipment and access equipment

Customers

The business has a broad range of customers and enjoys long standing relationships with its customer base including blue chip customers, PLCs and multi-national groups

Management

Strong and experienced operational management support with a proven team of qualified on-site and field engineers

Location

The business is strategically located on two sites within Northern England to take maximum advantage of geographical coverage and future growth

Supplier Relationships

The company enjoys long standing relationships with key suppliers and formal dealership agreements with major international manufacturers

Post Sale

The owners will provide suitable support during an agreed handover period

rwprogressive.co.uk

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