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Grounds maintenance

Reference
S8278
Turnover
£0.5m to £1m
Sector(s)
Agriculture, forestry & fishing, Miscellaneous, Service industries
Region(s)
West Midlands
Added
26 November 2021

Business description

The business is very well placed to exploit and leverage the goodwill that franchisor has built up over the last 35 years and grow substantially. The owner works full time within the business with 15 full time and part time staff.

The Opportunity

The company is renowned locally, as well as nationally. It is highly saleable, with the new owner able to develop and exploit the business by increasing the current marketing and sales activity. The new owner is not only able to grow the business through new customer acquisition and increase the services with existing customers, but also capitalise on the national network and supporting infrastructure by locally servicing national clients.

Key Strengths

· Substantial goodwill through 35 years of successful trading as a franchise

· A solid client base of repeatable business

· A strong health and safety record backed up by industry recognised    accreditations

· Well located facilities – two depots with green waste facility

· The business has continued to invest in the latest equipment 

· Equipment and vehicle assets are included within the sale (value c.£250,925) 

· There is an even distribution of income across the customer base

· The business is highly scalable

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 717,328 100,456
2020 (Actual) 914,835 190,730
2021 (Actual) 889,161 188,565

Reason for sale

The owner of the business is planning to retire, however, they will be pleased to work with the new owner(s) for a reasonable hand-over period post sale.

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