Business for Sale in West Midlands Forklift Sales, Hire & Service Business - Midlands

Key Information

Reference

M36316V

Tenure

Freehold, Leasehold

Status

For Sale

Region

West Midlands

Sector

Plant Hire Businesses

Annual Sales

£1,280,000.00 Exc. VAT

Rent Payable

£29,950 pa

Business Rates

Est £10,345 pa

Accommodation

No

Business Information

This materials handling business, established for around 50 years, focuses on forklift trucks, offering sales, hire, servicing, and repair of new and used models. Turnover sits at over £1.2 million with a gross profit margin of around 30%. The business operates with a team of 10 full-time staff plus vendors, and the current managing director is prepared to assist with the transition to new ownership, providing a smooth handover process.

Situated in The Midlands, the premises provide ample workspace, including office areas, a warehouse, and storage sections. The location offers excellent road access and visibility, supporting operations in the industrial, warehousing, and logistics sectors. The business is currently leasehold with an annual rent of £29,950, and there are renewal rights under the Landlord and Tenant Act. There is also an option to purchase the freehold separately.

Trading hours are Monday to Friday, 08:00 to 17:00, with potential for growth through extended hours and online sales. This profitable business benefits from strong supplier relationships and a diverse client base. Interested parties should consider the financial stability and established market presence when evaluating this opportunity.

• Established materials handling specialist since 1976
• Strong supplier relationships across leading forklift brands
• Diverse client base across industrial and logistics sectors
• Prominent location with excellent road access
• Profitable business with a 30% gross profit margin
• Leasehold with renewal rights; option to purchase freehold
• Skilled team of 10 full-time staff
• Growth potential in online sales and extended trading hours

Full share purchase offers c.£140,000 + Net Current Assets (+Freehold optional) | Business Ref: M36316V

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