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Grounds Maintenance Company That Also Provides Garden Machinery

Undisclosed Manchester
Grounds Maintenance Company That Also Provides Garden Machinery, Plant & Tool Hire, Sales, Maintenance & Spares -Trade & Retail- Ref.AH102 Location Greater Manchester Asking Price £175,000+SAV
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 46448
ADVERT IMPRESSIONS : 21,357 TIME(S)

 
BUSINESS SECTOR: Services
TRADE TYPE: Home & Garden Services
SALE: Agent Sale

LEASEHOLD:

£175,000
 

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BUSINESS DETAILS:

Business Profile:

This very well established and highly respected business has been trading for some 30 years and in that time has developed into a multi faceted company that provides a range of complimentary products and services to the grounds maintenance and horticultural/gardening market place.

The core business area is that of grounds maintenance and this accounts for some two thirds of turnover. The business owns an impressive level of plant and equipment and this enables them to carry out a comprehensive service for their commercial clients be they large or small.

In addition to this the business hires plant and equipment,generally for small building, DIY, gardening and grounds maintenance works. It also sells equipment , garden machinery, bottled gas, hand tools and spares to both the trade and general public as well as having a fully stocked workshop that carries out servicing, repairs and maintenance.

The business has agency agreements with many leading manufacturers including Flymo, John Deere, Efco, Qualcast and Atco and holds good levels of spares.

The company has some thirty plus regular grounds maintenance customers and many many more customers who use the hire, sale and workshop facilities it offers. Because of its prime location it enjoys a good level of retail busines as well.


Equipment:

The company owns a very good level of plant and equipment having built it up over
30 years of successful trading. This includes plant, equipment and vehicles that it utilises to carry out commercial grounds maintenance as well as hire equipment. Plant includes several transit vans, tractors both large and small, a wagon, road sweepers and a whole host of specialist tools and equipment. Anticipated value of this equipment is circa £150,000. All this hire and working equipment is in excellent condition as you would expect and it is included within the sale price.

Customer Service:

The business provides customers with a very high level of customer service based on knowledge, experience and the fact it can provide pretty much a one stop solution to their requirements. This level of comprehensive service is highlighted by the fact the business has a strong and loyal customer base and enjoys good levels of repeat business. This level of service is backed up by the fact the company partners with top quality suppliers and has a dedicated workforce.

Key Strengths:

The business offers a complete yet flexible service to suit particular customer needs and delivers a professional and reliable service. The team are fully trained in the field of horticulture, groundworks and construction and all employees have gone through training to use all plant and machinery. It has real market presence and a very impressive customer base in both the public and private sector. The business also has several different revenues streams which ensures a consistent level of business month on month.

Growth and Expansion:

The business has enjoyed steady growth to date and this is expected to continue with the market for landscaping and ground maintenance still strong. The business has a large and varied customer base and there is no reason why a new owner with new initiatives, sales and marketing campaigns and energy cannot continue this growth as the business has all the infrastructure in place, not to mention market presence.


Key Opportunities:

There are many opportunities for a new owner to develop the business further. A more proactive approach to sales and marketing would certainly increase revenues further as the current operation tends to be reactive. This could include further development of the existing customer base as well as targeting the building trade. Retail sales could be further developed, both on site and via the internet (spares and complete items).The second hand market could also be developed further.


Employees:

The two owners work full time within the business, one within the workshop, the other taking care of financial responsibilities. The business also employs the following personnel.


1 –Full Time Manager( Based at satellite office)
6- Full Time Grounds Maintenance Operatives (2 teams of three, each with a foreman)
2-Full Time Workshop Fitters
1- Full Time Office Administrator

Staff are a real asset of this business.



Advertising and Marketing:

The business has traditionally advertised in the Yellow Pages and has in recent years developed an informative website. As part of this it has just recently opened an E-Bay shop that should increase future revenues. Further work could be done on the website together with more retail activity.


Premises:

The business operates from an ideal and rather unique leasehold site that is in the town centre yet has a large yard and car parking. The current lease is a 10 year one which expires in 2012. It is understood a new lease would be made available to a new owner. Current rent is circa £10,000 p.a. Rates are circa £3000 p.a. The premises are situated just off the main road and comprise shop front and trade counter, rear stores and workshop, toilets, kitchen and separate portacabin offices. It also has a large storage yard that has full perimeter fencing, crash barriers and pull up posts. There is also a customer car park and additional free parking close by.

In addition to this the company currently has a small satellite lock-up on one of its larger customer sites where it stores equipment. There is no charge for this unit.

Business Hours:

Monday – Friday: 0900-1730
Saturday: 0900-1200


Security:

The premises are highly secure and have CCTV as well as Redcare cover.


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.

Current turnover is circa £279,000 p.a. Gross Profits circa £236,000. Adjusted Net Profits circa £54,000 p.a. Current stock levels circa £60,000 (saleable items including spares)


Reason for Sale:

The vendors are at an age where they are planning their exit strategies.

Support and Training:


The current owners would be happy to provide full training and support at handover.
   
  FOR SALE
   

REFERENCE:

AH102 / RightBiz
   
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