Business Summary
This is a rare opportunity to acquire a significant player in the Elevated Work Platform Hire market that has a fleet of over 200 machines. Anyone in this Industry understands the current demand for EWP hire, the pipeline of upcoming projects and the shortage of new equipment caused by supply chain issues.
This business is a rock-solid performer that has been around for more than 25 years. They are an industry leader with an extensive range of equipment that includes several rare, tight access and very high access equipment. They also have a range of the latest fully electric and hybrid machines.
They have an extensive database of nearly 3000 customers and have developed long standing relationships with their clients. As a result, the fleet has a utilization rate of between 70-90% and the very high yielding, specialized machines, are on constant hire.
Sales Revenue
* 2020 - 2021 $3,629,481
* 2021- 2022 $3,937,855
EBITDA
* 2020 2021 $1,193,033
* 2021- 2022 $1,619,659
Average EBITDA over 5 Financial Years $1,636,399
Plant and Equipment Valued at $4,255,780
Expressions of Interest
For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/huZDPGER4ykS4Eyf8
Property Details