Description
A mobile crane hire and contract lifting specialist based in the UK.
The company has a customer base throughout England and works on major projects on a national basis. The business has one of the most modern and diverse fleets to serve projects across the construction, utilities and power generation sectors.
EBITDA: FY'21 - £3.5m + growing in FY'22
Utilisation rate is very high for the industry
Assets: All cranes are owned - Circa £20m of asset value
Management: There is a strong management team to stay in the business post-sale
Growth: There is also opportunity to grow through acquiring other lifting assets as well as expanding geographically through acquisition.
Reason for sale: Retirement..
..
Listing Details
- Listing Number: 16188-666814
- Location: England
- Price: 0
- Down Payment: 0
- Sellers Discretionary Earnings: 3,500,000
- Category: Construction
- Inventory: 21,000,000
- FF&E: 0
- Employees: 85
- Years Owned: 33
- Reason for Selling: Retirement
