Tree Surgery Business
Location : Ireland
Asking Price : £1,600,000
Turnover : £1,410,000
Net Profit : Undeclared
Gross Profit : £939,209
EBITDA : £457,000
Net Asset : £406,000
Premises : Leasehold
Confidentially offered for sale
Gross Turnover circa £1.41M
Gross Profit circa £939,209
Adjusted EBITDA before owners’ drawings of £457,312
Net Assets circa £406,039
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of this leading Irish tree surgery business.Business Profile
Well-established business (20 years) covering all aspects of tree surgery work. The company currently offers services in:
• 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
Large selection of modern vehicles and machinery. Carrying value £261k.
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
Opportunity for continued expansion in the following areas:
• Firewood sales.
• Woodchip sales.
• Tree Planting.
• Recycled timber products.
• Expand domestic and commercial works.
The 2018-19 Turnover was £1,407,05 producing a Gross Profit of £939,209 and an EBITDA before shareholders drawings of £457,312 and after imputing a £20,000 rent on the freehold premises.
We are advised that the current financial year is on target to turnover £1.7 million in 2019-20.
The Asking Price of £1.6M is for 100% of the issued capital of the company, assuming Net Assets of £406,039 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 £406,039 at completion.
Due to workload, currently no requirement to advertise.
Company website, social media
Enclosed compound in convenient to main roads network.
Area of hardstanding for storage of byproducts
Admin building with reception, offices, meeting room, staff toilets + kitchen, garage and maintenance buildings.
Alarm & CCTV
6 x Management/admin
17 x Operational staff
2-3 x seasonal labour
The Managing Director would be happy to stay and provide training for an agreed handover period.
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.
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 firstname.lastname@example.orgTurner 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.
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