Timber Preservation Business for Domestic and Commercial Clients.
This relocatable company is based near to Cirencester in an area referred to as The Golden Triangle.
Location : Cirencester but fully relocatable
Asking Price : £99,950
Turnover : £151,000
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : £42,800
Net Asset : Undeclared
Premises : Relocatable
Confidentially offered for sale
Turnover of c : £151,000
Gross profit c 50%
Equipment, vehicles etc. £25,000
Adjusted EBITDA £42,800
40 years historic trading
Excellent reputation and massive customer data base
Loyal and long serving experienced contractors
All machinery and tools as well as 2 vehicles
This long established timber preservation business specialises in working on Cotswold buildings. They are a preferred contractor of the local authority and have accrued a truly enormous client base over many years.
1) Nissan Primastar Van 13 plate 6000 miles £8500
2) Citroen Despatch 52 Plate Solid , well maintained and reliable.
3) 4 Industrial grade 110v drill/breakers, Milwaulkee and Hilti
4) 2 transformers 110v selection of cables and extension leads
5) 2 timber treatment spray pumps with 4 lances and long hoses, lance extensions.
6) Computer fully loaded with sage instant accounts and sage payroll.
7) 2 Moisture meters.
8) PAT tester
9)2 Thomas ashworth speedy carbide meters
10 BRE kinetic screed tester.
11)Goppy oscillating cutter
12) Large selection of hand tools, Angle grinder, bench grinder, stick welder, circular saw plaster paddle, spot tables etc etc
13) Stock at time of sale , typically in region of £1500-2000
14) 9000+ files on properties.
Customer service is at the core of this company. Repeat business and lot`s of referrals stand as testament to this.
Exceptional levels of service
Repeat business and referrals
Significant investment in machinery and tools
Highly skilled staff
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 of c. £151,000
Gross profit c. 50%
Equipment, vehicles etc. c. £25,000
Adjusted EBITDA £42,800
The asking price of £99,950 is for 100% of the issued share capital of the company, assuming Net Assets of approximately £25,000 on completion ( calculated on a zero-cash zero-debt basis )
The company only spends a nominal amount on advertising and this is an area where an increase in spend could significantly increase incoming enquiries.
This company has maintained steady annual growth over many many years. The business does very little advertising and could certainly expand this activity. The company is well positioned to take maximum advantage of this new growth as it occurs.
The company currently operates through a storage unit on an industrial yard. The annual rent is £5,500 and is based on a month by month agreement leaving the business free to relocate if preferred.
The vendor works within the business with 2 very experienced self-employed contractors. One of the contractors has been working within the company for more than ten years.
The current owner would be happy to provide full training and support at handover. This should be a relatively simple process because of the very experienced sub-contractors working within the company.
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 email@example.comTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.
Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.
You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.
Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.
Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.
This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts