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Fencing & Landscaping Contractors in Lincolnshire for Sale - £131K EBITDA, Growth Potential

Undisclosed, Lincolnshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/04/23

  • Advert ID

    511329

  • Reference

    B07240 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Fencing landscaping and grounds maintenance contractors

Business
Please quote reference B07240

Established in the early 2010s, offered for sale is a family-run company specialising in commercial & domestic landscaping, and grounds & property maintenance. Based in the East of England, the company provides coverage across Lincolnshire and Yorkshire. Available services include ground maintenance and grass cutting, fencing, landscaping, groundworks, and handyman works. 

The company has expanded considerably since its inception, scaling up from a modest revenue business to a business with a turnover of circa £0.5 million. The business has won ongoing and lucrative contracts with town and parish councils, as well as with large construction companies, ensuring regular income. Moreover, the future looks bright, with healthy demand in both the construction and the public sectors, as organisations increasingly look to outsource to specialist agricultural companies for services such as grounds maintenance and fencing.

The company has a number of gains to offers the prospective purchaser, including:

  • A strong financial profile, with a turnover of £474,423 and an adjusted EBITDA of £131,267 in 2022;
  • Ongoing contracts and relationships with councils and construction companies;
  • Significant assets, including a new tractor, vans and tools;
  • An experienced team of grounds maintenance operatives, labourers/mechanics and a handyman;
  • Ample scope for growth, e.g. by diversifying into other services (e.g. arboriculture), expanding the groundworks side of the business, and expanding capacity by recruiting new talent.
Highlights -

  • A well-established and growing ground maintenance, landscaping and groundwork business;
  • A strong financial profile;
  • An experienced team of grounds maintenance operatives, labourers/mechanics and a handyman;
  • Contracted revenue;
  • Ample scope for growth.
Opportunities -

  • Scope to diversify, e.g. expanding into arboriculture.
  • Opportunity to expand the groundworks division of the business.
  • Opportunity to improve efficiency, e.g. with more effective management and HR systems.
One shareholder would like to semi-retire, whilst the other would like to focus on his other business interests in collaboration with his partner. They are both amenable to a handover period, subject to discussions.



Location
Based in the East of England



Premises
Rented business premises on a rolling lease



Tenure
Business Only basis. 



Hours
Due to the nature of the business, it operates all year round. 



Staff
Further information can be made available. 



Financial Profile
Turover IRO - £474k in 2022.

  • 100% share capital
  • Interested parties will be required to sign an NDA


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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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