- Price: Expressions of Interest
- Categories: Industrial/Manufacturing
A highly profitable forklift sales, hire, service and spare parts company with sales exceeding $11M p.a. for sale.
Revenue $11,862,625 with an EBITDA of $1,544,301 in FY2023
Operating from multiple interstate locations for over 20 years, this company has built up a fleet of approx. 250 forklifts and a loyal team of over 25 staff.
Asking Price: Expressions of Interest
About the Opportunity
- Operating for over 20 years, with multiple locations in key markets across the eastern seaboard of Australia.
- Specialising in forklift sales, forklift hire, servicing and providing spare parts
- Current fleet of approx. 250 forklifts with a formal 3 rd party valuation of fleet at $6.5M
- Strong recurring revenue via their Hire division
- Consistent annual growth in revenues, gross profit, profits, and margins
- Well-established relationships with reputable suppliers.
- This business has a strong tangible asset value which is ideal for financing purposes.
- The opportunity includes the fleet, motor vehicles, inventory, fittings and a goodwill component.
- The owners are seeking expressions of interest above the value of the tangible assets.
