Elevated Work Platform Hire Business – Sydney Based

NSW
Construction
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
Asking Price: $6,000,000

About the opportunity

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 $1,636,39

Plant and Equipment Valued at $4,255,780

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