search

EB068-Grounds Maintenance Business

Product Code: EB068

Location: South West Turnover: £1.08m Gross Profit: £606,699 Profit: c£320,000 after all costs Net Assets: Circa. £382,000 Asking price includes:- Gross Turnover circa £1.08M. Gross Profit circa £607k Profits after management costs of £320,000 Net Assets circa £382,000 Secure contracts. Significant Goodwill.

Introduction: Turner Butler has been appointed to invite offers of purchase for 100% of the issued capital of this leading South West based grounds maintenance business which services predominantly commercial clients. Business Profile: Well-established business (35 years+) covering all aspects of grounds maintenance. The company currently offers services in: • Landscaping • Garden maintenance • Tree Pruning & Limb Removal • Tree Felling and Dangerous Tree Removal
• Hedge Maintenance • Stump Removal • Timber Extraction & Tree Clearance • Tree Surveys and Reports • Stump grinding • Hedge cutting • Plant Hire

Equipment: Large selection of modern vehicles and machinery. Carrying value £223k.

Key strengths:

Secure long-term contracts. Highly qualified/dedicated staff Exceptionally good reputation Excellent second tier management team capable of running the business Well-structured administration and Management Systems in place Scope for expansion

Key Opportunities: Opportunity for continued expansion in the following areas:

• Property maintenance • Firewood sales. • Woodchip sales. • Tree Planting. • Recycled timber products. • Expand domestic and commercial works. • Forestry

Financial performance: The 2019-20 Turnover was £1,086,769 producing a Gross Profit of £606,699 and a profit of £319,406 and after imputing a £15,000 rent on the freehold premises (which will be removed from the company prior to completion and leased back on normal commercial terms) and replacement salaries for the two directors. Advertising and Marketing: Due to workload there is currently no requirement to advertise. All business comes from word of mouth. Company website, social media

Premises: Enclosed compound in convenient to main roads network. Area of hardstanding for storage of by-products Admin building with reception, offices, meeting room, staff toilets + kitchen, garage and maintenance buildings. Alarm & CCTV The freehold will be removed from the company prior to completion, and leased back on normal commercial terms at a starting rent of £15,000 pa plus rates.

Employees:

3 x directors 2 Admin 13 Operational staff 2 seasonal labours.

Support and Training: The owners would be happy to stay and provide training for an agreed handover period.

Reason for Sale: To pursue other interests. Asking Price: The Asking Price of £1.45m is for 100% of the issued capital of the company, assuming Net Assets of £382,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £382,000 at completion.

Next steps: If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

Enquiry Form



More Products

Bespoke Franchise Business Selling Service In England

Bespoke Franchise Business Selling Service In England

Looking for more info on Bespoke Franchise Business Selling Service In England?For more than three decades the team at Turner Butler have been buying ...

Read More
Free Agricultural Business Valuation In Wales

Free Agricultural Business Valuation In Wales

Looking for more info on Free Agricultural Business Valuation In Wales?For more than three decades the team at Turner Butler have been buying and sell...

Read More
Free IT Business Valuation In England

Free IT Business Valuation In England

Looking for more info on Free IT Business Valuation In England?For more than three decades the team at Turner Butler have been buying and selling busi...

Read More

Read More

Read More

List your business

Would you like to register your company on one of the UK's largest and most effective Trade websites?

Are you looking for a reliable and consistent source of enquiries from your industry sector? Would you like to see why Find the Needle clients come back year after year to use our service? If so then feel free to register using the link 'here'.

Register
Office Address: