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SOLD: Soft Landscaping and Grounds Maintenance Business

The soft landscaping and grounds maintenance divisions of a Midlands-based landscaping, general earthworks and grounds maintenance business with some 40+ years’ experience, is for sale.

The types of work carried out by the divisions include:

  • High value private house gardens (projects range £ 25k to £ 0.5m).
  • Commercial landscaping schemes (projects range £ 25k to £ 1.0m).
  • Forestry and reclamation (projects range £ 10k to £ 0.5m).
  • Grounds maintenance (contracts are typically 3-7 years, each with an annual turnover of £ 5k to £ 100k).

Sales of the two divisions, in the last financial year, were £ XXXm in Soft Landscaping and £ XXXm in Grounds Maintenance. The two divisions generated an Operating Profit, after allocated central costs, of £XXXk during that year.  The forecast for the current year is for sales of £XXXM and an adjusted EBITDA of some £XXXk, rising to sales of £XXXM and adjusted EBITDA of £XXXk in FY 2020. 

The sale of these two divisions will comprise the relevant assets, the goodwill and know-how of the underlying businesses and the ‘trade’ name of the company concerned. The sale is part of the vendors’ plans for their eventual retirement, which is planned for the next 3-4 years. The vendors of the Company have no involvement in the day-to-day business operations.

Location: Midlands. The guide price for the two divisions is £XXXM plus SAV.

THIS BUSINESS IS NOW SOLD


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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