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Design, Construction and Installation of High Quality Play Areas
A small independent business

Ref. CO182

Location : Essex

Asking Price : £179,950 plus Stock and Equip

Turnover : £375,000

Net Profit : £82,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : £50,000

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Asking Price: £179,950 plus Stock and Equipment as Valued (c. £50,000)

Turnover: £375,000
Net Profit: £82,000 (before owners drawings)
Gross Profit: After direct labour costs c. 26%

Asking price includes:

Turnover of c. £375,000
Adjusted Net Profit £82,000 (before owners drawings)
25 years established
An extensive client data base consisting of local councils, schools and various other commercial organisations.
2 commercial vehicles
2 commercial 4 wheel trailers
Easily relocatable

Introduction:

Turner Butler has been appointed to invite offers of purchase of the issued share capital of this very well established business which delivers a unique and innovative bespoke play area experience.

Business Profile

A long established independent British company with a dedicated team of experienced professionals committed to the design, construction and installation of high quality play areas.

Customer Service:

This company`s mantra is very much about working closely with customers. Their designs achieve play areas that customers care about. Designs which exercise a child`s mind as well as a child`s body.

Key strengths:

A well established and tested business and a current member of The Association of Play Industries. The company enjoys long standing local authority connections and is managed on a day to day basis by a very experienced foreman.

Financial performance:

The issued share capital of the company 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 c. £375,000

Gross profit c. 26%

Vehicles and Trailers, Plant & Machinery c. £50,000

Adjusted net profit c. £82,000 (before owners drawings)

Asking Price:

The asking price of £179,950 plus stock and equipment as valued is for 100% of the issued share capital of the company. Assuming net assets of approximately £16,400 on completion (Calculated on zero cash-zero debt basis).

(We estimated the value of all stock, plant and machinery to be c. £50K).

Advertising and Marketing:

The company enjoys a very low advertising spend and benefits from its loyal customer base and excellent levels of word of mouth recommendations.

Growth and Expansion:

This business has very strong growth potential and would benefit greatly from an incoming owner with sales experience.

Premises:

The current premises are currently rented on a month by month basis making this business relocatable. In any case the rent payable is less than £6,000 per annum and a new lease is available if required.

Employees:

The business is managed on a day to day basis by the current owners and the company foreman.

Support and Training:

The current owners would be happy to provide full support and training at handover.

Reason for Sale:

Retirement

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.

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.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk