Opis:

Asking price includes:

Turnover circa £414,920 per annum
Gross Profit circa £176,960
Net profit circa £79,000
EBITDA £100,000
Net asset value c £63,000

Member of Relevant National Professional Organisation Sewage Association

All plant and equipment
On-going growth pattern
Contracted, repeat and referral customers
Websites

Business profile:

This high quality waste water company operates mainly in the South East of England combining drainage and sewage solutions, investigations, survey, maintenance and construction services.

This well established and highly reputable business was set up by the vendor approximately 10 years ago and in that time it has grown into the successful sewage and drainage business that it is today. The business specialises in providing quality and cost effective services in Drainage Maintenance, Drainage Surveys, Sewage Treatment Expertise, Flood Risk Assessment, Construction Services, Sewage Treatment Expertise and CCTV Surveys on a mainly commercial basis. A high percentage of work is undertaken for local authorities on a rolling 5 year contract, with more work gained through repeat business and referrals.

Due to the businesses service-led approach it has built up a very impressive and loyal customer base with ongoing maintenance, servicing and monitoring contracts in place.

Equipment:

This business is well-equipped and has a significant amount of plant and equipment, systems and vehicles that enables it to carry out all its duties effectively.

All plant and equipment are included within the sales price.

Key Strengths:

This established business prides itself on its responsiveness to clients' needs as well as providing independent, high quality independent professional services, maintenance and construction services.

Having been very active and prominent in the industry for several years this business is very well known and has built up a sterling reputation for the quality of work, high levels of client service, well trained staff, reliability and price. The business has excellent staff and a good internal structure required to operate in this legislation and environmental driven sector.

With such an excellent reputation this business is constantly in demand because it offers a full independent turn-key operation. It prides itself on its ability to respond quickly and effectively to customers' needs. Consequently this business can boast an impressive and very large range of clients.

The business has maintenance and servicing programmes and contracts, which guarantee on-going revenues.

Growth and Expansion

Many of the contracts for maintenance, servicing and remote monitoring will run for many years to come and there is huge scope to develop the account base and sell additional products and services should a new owner wish to do so. Further investment into the company could also be made to expand with new tankers etc. and with the employment of a new marketing man.

Premises:

The business is fully relocatable and as such there are no premises with this sale.

Business Hours:

Monday - Friday: 8am - 5pm

Advertising and Marketing:

The business has its own websites to showcase its services. Additional concentration on SEO could benefit this business and attract more enquiries. Word of mouth recommendation attracts many referrals which attract much of the new work the business undertakes.

Financial profile:
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 circa £414,920 per annum
Gross Profit circa £176,960
Net profit circa £78,720
EBITDA £100,042
Net asset value £63,000

Asking Price:

The Asking Price of £275,000 is for 100% of the issued capital of the company, assuming Net Assets of £63,000on completion (calculated on a zero cash-zero debt basis).

Employees:

The company has invested in staff over the years and all are suitably trained to carry out their duties to meet the strictest compliance requirements of clients and the industry.
The team of engineers and technicians are fully trained to operate safely and professionally.

There are 6 full time staff including the owner plus
1 x 2nd in charge
1 x engineer
2 x technicians
1 x driver/labourer

Sub contract workers are employed on a part time basis on an as and when required basis.

Support and Training:

Support and training is offered to assist with the smooth transition of ownership.

Reason for Sale:

The owner feels he has taken the business to the limit to which he feels comfortable and that a new owner with further investment could build on the existing infrastructure.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

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Turner Butler
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Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
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