| | | 91994OX GARDEN IRRIGATION BUSINESS L/H £230,000 INC £21,000 SHAREHOLDERS FUNDS OXFORDSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 20,491 TIME(S)
BUSINESS REFERENCE : 9194OX / RightBiz | | | | | | OXFORDSHIRE GARDEN IRRIGATION BUSINESS Fully re-locatable/ Own website & On Line Catelogue Design, installation service wuth maintenance contracts Design & Supply of Self Installation Systems A/T: £176,554 GP: £86,928 Scope to expand business by approaching golf courses/ sports grd, commercial businesses PRICE: £230,000 inc shareholders fund REF: 9194OX | | | BUSINESS LOCATION: | Undisclosed Oxfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Home & Garden Services | | SALE: | Agent Sale | LEASEHOLD: | £230000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is currently based in Oxfordshire and run from our client’s home and is fully re-locatable.
The business requires storage space, which is approximately the size of a double garage and an office with internet access.
THE BUSINESS:
Advent Business Sales are pleased to offer to the market this extremely well established and niche garden irrigation business.
The business, which was founded in 1991 has been in the hands of our client’s since 1997 and is now being reluctantly offered for sale as they wish to retire.
The business specialises in the design, installation and services for both manual and fully automatic garden irrigation systems for the DIY enthusiast and supply all spares parts required. They have a vast number of DIY customers who come back year after year for spares and recommend new customers.
A good base load of turnover of circa £70,000 per annum is from servicing for maintenance of existing systems. A further circa £70,000 is achieved from supplying spares and parts for DIY installations and approximately £70,000 is also received from installing new systems.
The business has an excellent reputation with over 50% of new installation work coming from personal recommendations and word of mouth, with the balance finding their services from advertising in gardening magazines, Yellow pages or Yell.com.
Most work obtained is within an approximate 2 hour maximum drive from their office, which is in Oxfordshire.
We are advised that stock and work in progress at any one time is approximately £20,000.
The business also has its own website set up.
REF: 9194OX
STAFF DETAILS
The 2 vendors of the business both work within it full time and in addition employ 2 others full time and employ students part time during the summer months.
TRADING HOURS:
Mon-Fri: 8.30am – 6pm
EXPANSION POTENTIAL:
Whilst already a very successful business, it still offers huge scope to increase both sales and profits by:
1. Further develop their own web site
2. Approach developers and landscapers of large upmarket houses and gardens to install systems alongside the new build.
3. contact other commercial businesses such as sports grounds or councils to service their equipment
4. open a satellite office in other parts of the country
5. sub contract the digging of bore holes and advertise the availability, especially in dry summers
6. Approaching golf courses to supply spare parts for their sprinkler systems
7. contact golf course designers to offer their irrigation systems
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £176,554
Gross Profit: £86,928
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
Re-locatable | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9194OX / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
