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 Full Financial Year $3,629,481
* 2021- 2022 Forecast $3,937,855
 
EBITDA
* 2020 2021 Full Year $1,193,033
* 2021- 2022 Forecast  $1,256,275
Average EBITDA over 5 Financial Years $1,186,899
 
Plant and Equipment Valued at $6,205,768
 
Sale Price - Offers over $9,000,000
 
If you would like to express your interest in this outstanding opportunity, please complete the attached confidentiality agreement found here. Once received you will be contacted to confirm your Bonafede interest before issuing you a detailed information memorandum.