A premium grounds maintenance service provider, offering a comprehensive range of specialist services to a diverse commercial client base, including schools, holiday parks, local & district councils, football clubs, and property management companies, which generates c£30k per month in recurring and contracted revenue. Offering a comprehensive range of services supported by the company's unique in-house app to maximize the efficiency of projects, the company fulfils all of its clients demands resulting in excellent satisfaction.
Key Aspects
- Consistent stream of recurring and contracted revenue: c£30k per month is generated through recurring and contracted clients, with this figure growing YoY.
- Numerous client contracts in place: Currently, the company has 30 client contracts in place, with the potential for further to be added.
- High level of B2B business: c90% of sales are with commercial clients, with this number increasing as the company moves further away from serving domestic clients.
- Strong repeat business: c80% of business is generated through repeat customers.
- Minimal shareholder involvement: Over previous years the shareholders have reduced their responsibilities within the business, with the current management team being responsible for running the business day-to-day.
- Robust management team in place: A dynamic management team is currently in place, with 2 members who are responsible for managing day-to-day operations being prepared and capable of taking over both shareholders responsibilities.
- Highly professional and talented staff: The company's staff has developed a trusted reputation for their high-quality of work, as well as professionalism and support to clients whilst operating in the field.
- Unique technology focus improving efficiency: The company has developed an app for its staff and clients to track progress on and details on a site and a job.
Opportunities
- Opportunity for an acquirer to gain a foothold in the grounds maintenance sector in the Southeast England, with acquirers looking to gain a presence in the region being poised to gain a consistent level of recurring and contracted revenue with clients across the region.
- Potential to expand sales further with the introduction and expansion on the company's existing marketing efforts, with the majority of previous growth being through organic channels.
- Scope for grounds maintenance providers in the domestic sector, to expand their services into the commercial sector and gain and trusted name within the industry, with a dynamic team onboard and prepared to continue driving growth.
- Acquirers based in the facilities management sector, would be primed to diversify their existing services into grounds maintenance and integrate their offering with the company's , providing a complementary offering.
- Opportunity for acquirers with clients consisting of councils and sports clubs are well positioned to expand the company's existing client base within these sectors by capitalizing on its trusted reputation and premium service offering.
Turnover - £615k
Adj. EBITDA - £160k
