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Family-owned haulage company specialising in plant, grab, & crane hire, as well as providing haulage services to main contractors, subcontractors, & agents located throughout the Central Belt & north of Scotland.
* Gross Profit: £1,430,000
* Adj. EBITDA: £605,000
* Key Aspects: Provides clients with an assortment of services including site clearance, mud-shifting, plant hire, as well as screened & crushed aggregates.. Services provided to a profusion of blue-chip clients such as local authorities, government-backed organisations, & leading specialists, with the company holding contracts ranging from 1-6 yrs.. Contract in place with major blue-chip water company - currently 1 yr into a 6 yr contract with an option of another 6 yr extension in 2021.. Holds short-term contracts with a legion of blue-chip clients for the supply of plant hire.. Excellent client relationships having worked alongside c95% of its client base for the past 10 yrs.. Clients operate across diverse sectors including construction, plant hire, water, utilities, energy, & roadworks.. Member of the Scottish Plant Owners Association (SPOA), holding environmental certifications.. c95% repeat custom.
* Opportunities: Potential opportunity exists for the company to develop its plant list, which could increase revenue derived from rental income as the company would have a larger plant portfolio to supply to clients.. Having recently updated the website, the shareholder advises a stronger sales drive could increase awareness of the company's services with potential clients throughout Scotland.. Potential opportunity for an organisation with an existing sales & marketing infrastructure to rapidly increase the company's presence throughout Scotland, & potentially England.. Excellent opportunity for a variety of organisations operating in the construction, civil engineering, or excavation industries to inherit a substantial 6 yr contract, as well as smaller contracts with a host of blue-chip clients.
* Potential Purchasers: Providers of construction plant or crane hire services including construction/civils companies with in-house plant & haulage divisions.. Plant & materials hauliers within the construction industry.. Site equipment hirers, such as toilets, skips, tools, & access equipment.
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