Installer of High Quality Artificial Grass
Location : South Coast
Asking Price : £55,000
Turnover : £180,000
Net Profit : £35,000
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Relocatable
Confidentially offered for sale
Current Turnover c. £180,000 pa.
Very Low overheads
Turnover circa £180,000 per annum
Adjusted Net Profit circa £35,000
Well established business
High percentage of customer satisfaction and referrals
Industry knowledge and know how
Option to retain founder for period of time
Huge growth potential
This well-established business has been successfully trading since 2012 (incorporated in 2014) and was started by the current owner. The vendor identified an opportunity to establish a service driven Artificial Grass Installation Business whilst working at his chosen profession as a stonemason. His attention to detail underpinned with exceptional customer service supported by his wife has enabled him to grow his business at a sensible rate and he can proudly boast of an excellent review profile through CheckaTrade. Only using quality manufacturers, the company is confident they can be judged solely on the excellence of the install and pride themselves on their aftersales service. The company is now very well positioned as a well-respected installer of quality, well installed artificial grass.
The business is well established and easy to run with no bad debts and a good cash flow. There are regular requests to quote for new installs which represents an excellent opportunity for new owners to take over the existing business and obtain their database of clients and enquiries.
The business would benefit from a new injection of energy and business acumen to maximise the many opportunities at its disposal. The vendor has been selective about the volume of work he has taken on over the last year, choosing not to grow the workforce but to ensure everyone is kept busy.
The business currently trades from a small office at the vendors private residence but is not location dependent. There is a sign written vehicle currently used by the company. The business can easily be run with a telephone and internet connection from anywhere in the UK, though all the trade to date has been in and around the Dorset area. The company benefits from a well designed and informative website.
High quality service, with flexibility, honesty, reliability and good value, every install is important and customers always come first. The result is self evident in the business’s sustained level of referrals. The business prides itself on attention to detail for installs of all sizes. The vendor is always available to answer any queries and solve any problems the client may experience.
The business is now established as one of the local market leaders on the south coast for quality Artificial Grass installs and has earned a reputation for the quality of its install, aftersales and attention to detail in respect of service excellence.
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 in 2017 was c£180,000 with an adjusted net profit before drawings of c£35,000.
The Asking Price of £55,000 is for 100% of the issued capital of the company.
The business has maintained a constant presence in the marketplace and has benefitted from many referrals from existing clients. The customer database is comprehensive and would allow for both traditional mail, and e-mail shots to existing clients and registered enquiries.
The business is primed for expansion. The volume of enquiries, the existing client data base and the increasing demand for quality installations means this business can only go one way in the right hands.
An existing landscaping business that currently doesn’t offer Artificial Grass installs could easily slot this company into its operation, leaving many of the operating costs behind and reaping the rewards for an economies of scale acquisition. It may also suit a hands-on tradesman looking for his first business.
The business currently operates from the vendors home so no premises are included in the sale.
The business employs the 2 shareholders as Directors in the company. They are supported by a small team of sub-contract installers who work as and when required.
The owner would be happy to help with a smooth transfer of company ownership and to stay on for an agreed period, subject to negotiation, to help the new owners, if so required.
The vendor has decided that having laid the foundations for this growing business, (and a new member of this young family due this year), it is time to pass the business over to a new owner who can dedicate the time and resources the business deserves to realise its potential.
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