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Complete Playground Solution Providers Operating Globally Up for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    01/02/24

  • Advert ID

    606063

  • Reference

    155329 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,130,000 (£21,731 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Providers of complete playground solutions

The companies offer an all-encompassing solution for playgrounds and adventure golf courses, working collaboratively with clients throughout the design, installation and ongoing maintenance of each structure.

The utmost care is taken to ensure that each playground’s materials are suitable for the end users; the group primarily uses timber in its structures, promoting year-round use. Landscaping within playgrounds enhances the sensory stimulation of each area, with child-friendly, seasonally changing plants selected to boost aesthetic appeal.

The companies’ installations adhere to the BS EN 1176 and 1177 standards. Furthermore, the businesses are members of the Royal Society for the Prevention of Accidents (RoSPA) and accredited by SafeContractor.

Our client is now offering the group for sale to realise the assured value of the existing businesses, while facilitating further growth under the impetus of new ownership. Offers invited.

Key Highlights

- Operate within South East England, with projects also undertaken across the wider UK, the USA and Poland.

- Have retained strong relationships with nurseries, schools, public park operators and farms.

- The companies are expected to generate £560k from playground design and maintenance works for two key clients during 2024.

- Operate from leasehold office, workshop and warehouse premises, though could be relocated.

Financial Highlights

- YE24 10 month management turnover of £575k.

- Consolidated YE23 turnover of £1.13m.

- Approximately 90% of the combined revenue is attributed to existing clients.

- Maintenance agreements and the installation of playground equipment across multiple sites facilitate recurring income; circa 90% of the active clients utilise the group’s services on an ongoing basis.

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Stay Safe

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.

Stay Safe

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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