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Businesses For Sale > Business For Sale in South West, UNITED KINGDOM - UK (UK)

Woodland Business for sale in South West, UK

South West, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 1,450,000 £ 606,699 Undisclosed

Business Summary:
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.T.Business Profile:Well-established business (35 years+) covering all aspects of tree surgery work. 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 HireEquipment:Large selection of modern vehicles and machinery. Carrying value £223k.Key strengths:Secure long-term contracts.Highly qualified/dedicated staff Exceptionally good reputationExcellent second tier management team capable of running the businessWell-structured administration and Management Systems in placeScope for expansionKey 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.• ForestryFinancial 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-productsAdmin building with reception, offices, meeting room, staff toilets + kitchen, garage and maintenance buildings. Alarm & CCTVThe 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

 

   
Number of Employees: 20  
   
Owner willing to train: The owners would be happy to stay and provide training for an agreed handover period.  
   
Reason for selling: To pursue other interests.  
   
Seller Reference Number: EB068
BusinessMart.com Listing Number: 267739
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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