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Sat, May 15 2021 04:17:35 PM  |  /

Commercial Landscaping

Business Id:000473     |    Reference: EB065
Price:
£1,900,000.00
Business Description

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
 
Business Information
Turnover:£4,800,000.00 Annually
Is this business relocatable: No
Business Sector: Landscape Gardening Businesses
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Business Profile
Equipment: 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.
Key strengths: 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: 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.
Financial performance: 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
Asking Price: Asking price: £1,900,000 plus Net Assets
Advertising and Marketing: 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.
Growth and Expansion: na
Premises: 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.
Business Hours: Business Hours: Monday – Friday: 9.00am – 5.00 pm
Employees: 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 wi
Support and Training: Support and Training: The owners are happy to provide support and training for a negotiated period of time.

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