Contract lifting and crane hire company

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..

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Listing Details

• Listing Number: 16188-376357
• 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