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.
Financial Profile
Turover IRO - £474k in 2022.
100% share capital
Interested parties will be required to sign an NDA
