turner-butler

Businesses are featured on

Businesses for Sale

Commercial Landscaping

Ref. EB065

Location : Buckinghamshire

Asking Price : £1,900,000 + Net Assets

Turnover : £4,800,000

Net Profit : Undeclared

Gross Profit : £2,700,000

EBITDA : £457,000

Net Asset : £890,000

Premises : Freehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

Submit NDA Online
Submit NDA Offline
Print this page

Hard & Soft Construction, Highways, Tree Surgery, Ground Maintenance & Rail

Location: Buckinghamshire

1x Freehold premises

2x Leasehold premises

 

Asking price: £1,900,000 plus Net Assets

 

Business highlights include:

Turnover c. £4,800,000 per annum (2019 accounts)

Gross Profit c. £2,700,000

Adjusted EBITDA c. £457,000

Net Asset Value c. £890,000

Freehold value c. £1,500,000

 

CHAS registered contractor

Constructionline registered

RISQS Registered

ISO9001 accredited

BALI Registered

NHSS Registered

Established over 35 years

Responsible environmental practises

Management team in place

Long serving knowledgeable workforce

Superb reputation

Website

 

 

Business Profile

The business is an established, professionally managed company, which has been in business for over 35 years and has worked very hard at establishing itself as a well known service partner to its industries throughout the UK but with its main contract activities in the South East of England and particularly, Greater London. It is particularly associated with providing high levels of workmanship at a competitive price, but above all, for its reliability and responsiveness to the requirements of its clients.

 

From modest beginnings, as a timber business established by the current vendors’ Father the company has gained a reputation for large and small scale, hard & soft commercial landscaping projects and Tree Surgery services at competitive prices but critically, not at loss to acceptable margins. This ethos has carried forward into the range of sectors throughout the construction industry including highways, grounds maintenance and railways.

 

The company’s activities now extend across the South East of England for large infrastructure projects, ongoing maintenance and is a vital component in the supply chain for tier 1 Construction Companies and for institutional clients such as Housing Associations, Hospital Trusts, Schools, Local Authorities and has framework agreements for many high profile clients.

 

A key factor in the ongoing success of this company is its strong relationships with these government/institutional clients which have mandated requirements for improvements to the many properties under their control or responsibility.

 

During the more than 35 years of trading, the company has provided its comprehensive portfolio of services across the region and consequently gained an enviable reputation for quality, service and reliability.

 

The business is kept very busy, running its operation from large freehold premises that include storage facilities, yard and offices. A full turn-key solution is offered to the large database of both commercial and institutional clients.

 

With a heritage in the sector and an understanding what can and can’t be done, the right solution is provided for every client – whether large or small. The strengths of this company include its expansive commercial, environmental knowledge and its technical expertise. Services are provided to the client’s specification with an assurance of getting exactly what is needed. Projects are undertaken by  qualified and highly experienced teams which has also helped to create a strong reputational base.

 

The business is fully accredited and complies with all the current British Safety Standards, CHAS & Constructionline registered and ISO 9001 accredited. The company’s success has led to very high levels of repeat business.

 

The business is owned by three shareholders, where all three play a part in the business’ day to day activities, apportioning key responsibilities to three explicit areas of the business. The shareholders attend to management duties each day, which are largely concerned with financial oversight but are confident and able to leave the business for extended periods, in the professional hands of its trusted & reliable management team.

 

 

Equipment:

The company has invested in a good level of plant and equipment in order to satisfy its very high standards of service and quality.  

 

The business utilises leading Sage accounting software to run the administrative functions of the business together with  Excel databases  for all customer and client details.

 

The business uses the ABAX worker software for project management, workflow, timesheets and productivity management along with vehicle tracking.

 

Customer Service:

The company s most important asset are their clients, who appreciate the prompt, friendly service, reliability, convenient hours, and reasonable and competitive prices. Providing a quality product, service and expertise the business represents excellent value, based on sound advice, honesty and integrity.

 

The shareholders rely greatly upon project management, general management staff and the company’s foreman to maintain its outstanding reputation for service quality to all stakeholders in any project.

 

Key Strengths:

  • Honesty and Integrity
  • Maintainable profitability
  • Strong commercial/institutional client relationships
  • Professional Management team and staff
  • Problem solving
  • Reputation and detail
  • Commercial and domestic customer base
  • Top quality products supplied and installed to the highest level
  • Accreditations
  • Impeccable Health & Safety record
  • Complete turnkey operation
  • Good level of plant and equipment

 

Key Opportunities:

There is a lot of work to be gained. The business would benefit from a new owner with more energy to explore currently unexploited opportunities. A more proactive approach to sales and marketing could further increase revenues in the future.

 

Another avenue would be to diverse into facilities management and other complimentary services and possibly employing road sales representatives to travel and gain business from further afield.

 

The shareholders consider themselves to largely expendable in terms of daily requirement and so a saving of their costs could be immediately attributable to the bottom line EBITDA.

 

Advertising and Marketing:

The business engages in little or no advertising or marketing since a vast majority of the business’ turnover is by referral and recurring business from satisfied commercial clients & domestic customers.

 

The business has an excellent company website that attractively presents the high quality services on offer.

 

Business Hours:

Monday – Friday:         9.00am – 5.00 pm

 

Asking Price:

The Asking Price of £1,900,000 plus net assets, is for 100% of the issued capital of the company, assuming Net Assets of circa £890,000 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 circa Net Asset figure of £890,000 at completion.

 

 

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 c. £4,800,000 per annum (2019 accounts)

Gross Profit c. £2,700,000

Adjusted EBITDA c. £457,000

Net Asset Value c. £890,000

Freehold value c. £1,500,000

 

 

Premises:

The company is run from three premises situated around the Home Counties.

 

The first is the company’s main office, it is freehold and is of nearly an acre with a large yard, industrial units and offices.

 

The second is a leased premises of circa 2 acres with a large single industrial unit and hard stand area.

 

The third premises is a large unit with parking area.

 

 

Employees:

The owners run the business ably supported by a 56x full time staff including an experienced sales manager, contracts manager accountant, quantity surveyor, marketing manager and receptionist. It should be noted that staff have been working with the company for many years. They understand the company’s quality approach and work to the very stringent standards this business expects and delivers on a consistent basis.

 

A complete list of all employees is available to interested parties.

 

 

Support and Training:

The owners are happy to provide support and training for a negotiated period of time. 

 

 

Reason for Sale:

This is a genuine retirement sale.

 

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