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Manufacturer of Equestrian & Agricultural Equipment
For use in Arenas and Menages
Private Customers & Commercial Clients

Ref. GE096

Location : N E Somerset Relocatable

Asking Price : £70,000 plus SAV

Turnover : £145,000

Net Profit : £48,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Relocatable

Confidentially offered for sale


  • Turner Butler

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Business highlights include:

Turnover for 2017 circa £145,000 (Forecast)
Net Profit circa £48,000 before Owner’s drawings

Successful trading history
Strong order book
Database of high profile clients
Sole Trader
Quality products
Outstanding reputation
Excellent supplier relationships
Website

Business Profile

This well known and respected business was founded by the vendor in 1961 initially as a motor mechanic and general engineering company and over the last 15 years, has come to specialise in the design and manufacture of equipment for the grooming and management of menages and arenas for equestrian sports and training.

The business has developed a range of arena levellers for all surface types and is very price competitive. All are simple and practical to use, with no awkward adjustments or settings to use. A small range of pasture management equipment is also manufactured, for assisting with the maintenance of horse pasture and small holder’s land.

The business’ current state is one where the vendor is suffering from ill health and is limited in the ability to manage the business in the longer term. There is a strong order book and the operations of the business are easily relocated.

Clients:

Customers include high net worth individuals and market leading commercial customers in the Equestrian Arena sector, both in the UK and occasionally, internationally.

Customer Service:

The business offers customers the highest quality of manufacture & finish and great customer service. Clients can be assured of the quality of product through a satisfaction guarantee.

This is all currently accomplished through only 20-25 hours of full time commitment per week.

Key Strengths:

The business has many strengths including:

• Enviable reputation in the UK
• Competitively priced products
• Product design & ease of use
• Repeat business levels and referrals

Key Opportunities:

The business has enjoyed steady trading over its lifetime but areas for growth include development of marketing to drive new sales in other parts of Europe, increased marketing and promotions and the employment of full time fabricators to replace the vendor.

Extending trading hours and meeting the current high levels of demand is also a substantial growth opportunity since ill health limits the time available for the vendor work in the business.

The market outlook for the business is excellent. With a strong demand for this business’s services a new owner who is capable of instilling additional ideas will have every advantage of building on an excellent platform.

This is a unique opportunity to purchase a very well established business. It is a well-structured business generating excellent profit margins with excellent growth potential.

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 for 2017 circa £145,000 (Forecast)
Net Profit circa £48,000 before Director’s drawings

Asking Price:

The Asking Price of £70,000 plus SAV is for 100% of the ownership of the business.

Advertising and Marketing:

The business has an excellent website providing details on the range of and applications; it also highlight some of the major names in the Equestrian sector that have relied upon this company’s products.

A high proportion of the business revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of high net worth individuals, whilst continuing to attract new referrals and recommendations.

Premises:

The business is currently operated from the vendor’s home farm and is easily relocatable.

Business Hours:

Usual office hours are Monday – Thursday: 8.30am – 5pm

Employees:

The business along with the vendor employs two part time fabricators who also mange deliveries.

Support and Training:

The vendor is happy to provide support and training for a negotiated period.

Reason for Sale:

The vendor wishes to retire.

Looking for finance ?

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 finance@turnerbutler.co.uk

Turner 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

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk