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.