Domestic & Commercial Garden and Landscaping Services

Location: Wiltshire

Asking price: £300,000 plus Net Assets

Business highlights include:

Turnover c. £350,000 per annum (2022 Forecast)

Adjusted EBITDA c. £150,000

Net Asset Value c. £60,000

Reliable return customers

Established over 10 years

Responsible environmental practises

Demand exceeds capacity

New business lead generation

Long serving knowledgeable workforce

Superb reputation

Website

Business Profile:

The business is an established, professionally managed company, which has been in business for over 10 years and has worked very hard at establishing itself as a well known and trusted provider of all matters relating to gardens, maintenance, design and landscaping.

The company is particularly associated with providing high levels of workmanship at a price considered appropriate to its high added-value and often high net worth clients, and a particular reputation for reliability and responsiveness to all garden and landscaping requirements.

From modest beginnings, the company’s activities extend across South Gloucestershire, Wiltshire and North East Somerset.

The business is kept very busy, running its operation from a home based office with separate storage. A full turn-key solution is offered to the large database of both commercial and institutional clients.

With a heritage in the sector and an understanding what can and can’t be done, the right solution is provided for every client – whether large or small, domestic or commercial. Projects are undertaken by a qualified and highly experienced team which continually helps to consolidate the company’s reputation and the repeat business that it generates.

The business is owned by by the vendor and is a single shareholder, the vendor manages day to day activities, taking enquiries, surveys, quotations, apportioning key responsibilities, managing the diary and also managing financial oversight but has great confidence in his people and is able to leave the business for extended periods, in the professional hands of its trusted & reliable team of gardeners and landscapers.

Equipment:

The company has invested in a good level of plant and equipment in order to satisfy its very high standards of service and quality.  

The business utilises leading QuickBooks accounting software to run the administrative functions of the business together with Excel databases for all customer and client details.

The business uses the Invoice2Go software for project management, workflow, timesheets and productivity management.

Customer Service:

The company's most important asset are their clients, who appreciate the prompt, friendly service, reliability, convenient hours, and reasonable prices. Providing a quality product, service and expertise the business represents excellent value, based on sound advice, honesty and integrity.

The shareholder relies greatly upon the experienced and trusted team of landscapers and gardeners to maintain its outstanding reputation for service quality to all stakeholders in any project or maintenance contract.

Key Strengths:

·         Honesty and Integrity

·         Maintainable profitability

·         Strong commercial/institutional client relationships

·         Professional staff

·         Problem solving

·         Reputation and detail

·         Commercial and domestic customer base

• Top quality products supplied and installed to the highest level
• Accreditations
• Impeccable Health & Safety record
• Complete turnkey operation
• Good level of plant and equipment

Key Opportunities:

There is a lot of work to be gained. The business would benefit from a new owner with more energy to explore currently unexploited opportunities. A more proactive approach to investment in premises, people and simply agreeing to the demand for services could further increase revenues in the future.

The shareholder consider himself to be fundamental to the current management operations of the company and in the management of certain long term clients but is willing to ensure that all relationships are handed over successfully to the new owner of the company.

Advertising and Marketing:

The business engages in little or no advertising or marketing since a vast majority of the business’ turnover is by referral and recurring business from satisfied commercial clients & domestic customers.

While most current trading is developed in the way of referral, the business has an excellent company website that attractively presents the high quality services on offer and is responsible for as much as 90% of all new leads.

Employees:

The owners run the business ably supported by a 7 x garden & landscaping staff and it should be noted that some have been working with the company for many years. All staff understand the company’s quality approach and work to the very stringent standards this business expects and delivers on a consistent basis.

A complete list of all employees is available to interested parties.

Premises:

The business is managed from a home based administrative office with off-site storage for vehicles and equipment.

Business Hours:

Monday – Friday:        9.00am – 5.00 pm

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 c. £350,000 per annum (2022 Forecast)

Adjusted EBITDA c. £150,000

Net Asset Value c. £60,000

Reason for Sale:

This is a genuine retirement sale.

Support and Training:

The owner is happy to provide support and training for a negotiated period of time. 

Asking Price:

The Asking Price of £300,000 plus net assets, is for 100% of the issued capital of the company, assuming Net Assets of circa £60,000 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark circa Net Asset figure of £60,000 at completion.