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Sat, Apr 04 2020 04:47:29 AM  |  /

Design, Construction and Installation of High Quality Play Areas

Business Id:000179     |    Reference: CO182
Leasehold Price:
£179,950.00
Business Description

Design, Construction and Installation of High Quality Play Areas
A small independent business
Ref. CO182
Location : Essex
Asking Price: £179,950 plus Stock and Equipment as Valued (c. £50,000)

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.

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.

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.

The issued share capital of the company is being offered for sale on a going concern basis.
parties under the auspices of Turner Butler.

Gross profit c. 26%

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

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).

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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

 
Business Information
Turnover:£375,000.00 Annually
Profit:£82,000.00 Annually
Property Status:   Leasehold
Leasehold Term: the rent payable is less than £6,000 per annum
Is this business relocatable: No
Business Sector: Amusement businesses, Childrens Activity & Play Businesses, Recreation centres
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