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Installer of High Quality Artificial Grass

Ref. AH152

Location : South Coast

Asking Price : £55,000

Turnover : £180,000

Net Profit : £35,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Relocatable

Confidentially offered for sale


  • Turner Butler

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Relocatable

Asking price includes:

Current Turnover c. £180,000 pa.
Very Low overheads
Turnover circa £180,000 per annum
Adjusted Net Profit circa £35,000
Well established business
Forward bookings
High percentage of customer satisfaction and referrals
Industry knowledge and know how
Option to retain founder for period of time
Huge growth potential
Goodwill
Website

Business Profile

This well-established business has been successfully trading since 2012 (incorporated in 2014) and was started by the current owner. The vendor identified an opportunity to establish a service driven Artificial Grass Installation Business whilst working at his chosen profession as a stonemason. His attention to detail underpinned with exceptional customer service supported by his wife has enabled him to grow his business at a sensible rate and he can proudly boast of an excellent review profile through CheckaTrade. Only using quality manufacturers, the company is confident they can be judged solely on the excellence of the install and pride themselves on their aftersales service. The company is now very well positioned as a well-respected installer of quality, well installed artificial grass.

The business is well established and easy to run with no bad debts and a good cash flow. There are regular requests to quote for new installs which represents an excellent opportunity for new owners to take over the existing business and obtain their database of clients and enquiries.

The business would benefit from a new injection of energy and business acumen to maximise the many opportunities at its disposal. The vendor has been selective about the volume of work he has taken on over the last year, choosing not to grow the workforce but to ensure everyone is kept busy.

Equipment:

The business currently trades from a small office at the vendors private residence but is not location dependent. There is a sign written vehicle currently used by the company. The business can easily be run with a telephone and internet connection from anywhere in the UK, though all the trade to date has been in and around the Dorset area. The company benefits from a well designed and informative website.

Customer Service:

High quality service, with flexibility, honesty, reliability and good value, every install is important and customers always come first. The result is self evident in the business’s sustained level of referrals. The business prides itself on attention to detail for installs of all sizes. The vendor is always available to answer any queries and solve any problems the client may experience.

Key Strengths:

The business is now established as one of the local market leaders on the south coast for quality Artificial Grass installs and has earned a reputation for the quality of its install, aftersales and attention to detail in respect of service excellence.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover in 2017 was c£180,000 with an adjusted net profit before drawings of c£35,000.

Asking Price:

The Asking Price of £55,000 is for 100% of the issued capital of the company.

Advertising and Marketing:

The business has maintained a constant presence in the marketplace and has benefitted from many referrals from existing clients. The customer database is comprehensive and would allow for both traditional mail, and e-mail shots to existing clients and registered enquiries.

Growth and Expansion

The business is primed for expansion. The volume of enquiries, the existing client data base and the increasing demand for quality installations means this business can only go one way in the right hands.

An existing landscaping business that currently doesn’t offer Artificial Grass installs could easily slot this company into its operation, leaving many of the operating costs behind and reaping the rewards for an economies of scale acquisition. It may also suit a hands-on tradesman looking for his first business.

Premises:

The business currently operates from the vendors home so no premises are included in the sale.

Employees:

The business employs the 2 shareholders as Directors in the company. They are supported by a small team of sub-contract installers who work as and when required.

Support and Training:

The owner would be happy to help with a smooth transfer of company ownership and to stay on for an agreed period, subject to negotiation, to help the new owners, if so required.

Reason for Sale:

The vendor has decided that having laid the foundations for this growing business, (and a new member of this young family due this year), it is time to pass the business over to a new owner who can dedicate the time and resources the business deserves to realise its potential.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk