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Fri, Feb 28 2020 09:11:50 AM  |  /

Tree Surgery Business

Business Id:000382     |    Reference: EL019
Leasehold Price:
Business Description

Tree Surgery Business
Ref. EL019
Location : Ireland
Asking Price : £1,600,000
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of this leading Irish tree surgery business.
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

Business Information
Turnover:£1,410,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Tree Surgeons
Statistic Information
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Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: Large selection of modern vehicles and machinery. Carrying value £261k.
Key strengths: 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
Key Opportunities: Opportunity for continued expansion in the following areas: • Firewood sales. • Woodchip sales. • Tree Planting. • Recycled timber products. • Expand domestic and commercial works. • Forestry
Financial performance: 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.
Asking Price: 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 be
Advertising and Marketing: Due to workload, currently no requirement to advertise. Company website, social media
Growth and Expansion:
Business Hours:
Employees: 6 x Management/admin 17 x Operational staff 2-3 x seasonal labour
Support and Training: The Managing Director would be happy to stay and provide training for an agreed handover period.

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