Tree Surgery Business

Ref No: EL019 Asking Price: £1.6M Location: Ireland. Turnover: £1.505m (2020) Gross Profit: £590k (2020)) Adj EBITDA: £401k before drawings (2020) Net Assets: Circa. £406K. Asking price includes:- Gross Turnover circa £1.505M. Gross Profit circa £590,105. Adjusted EBITDA before owners’ drawings of £401,232 Net Assets circa £406,039. Secure contracts. Significant Goodwill. Introduction Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of this leading Irish tree surgery business. Business Profile Well-established business (20 years) covering all aspects of tree surgery work. The company currently offers services in: • Tree Pruning & Limb Removal • Tree Felling and Dangerous Tree Removal • Hedge Maintenance • Stump Removal • Timber Extraction & Tree Clearance • Tree Surveys and Reports • Stump grinding • Hedge cutting • Plant Hire Equipment: Large selection of modern vehicles and machinery. Carrying value £261k. Key strengths: Secure long-term contracts. Highly qualified/dedicated staff Exceptionally good reputation Excellent second tier management team capable of running the business Well-structured administration and Management Systems in place Scope for expansion Key Opportunities: Opportunity for continued expansion in the following areas: • Firewood sales. • Woodchip sales. • Tree Planting. • Recycled timber products. • Expand domestic and commercial works. • Forestry Financial performance: The 2019-2020 Turnover was £1, 504,858 producing a Gross Profit of £590,105 and an EBITDA before owners’ drawings of £401,232. Advertising and Marketing: Due to workload, currently no requirement to advertise. Company website, social media Premises Enclosed compound convenient to main roads network. Area of hardstanding for storage of by-products Admin building with reception, offices, meeting room, staff toilets + kitchen, garage and maintenance buildings. Alarm & CCTV Employees: 6 x Management/admin 17 x Operational staff 2-3 x seasonal labour. Support and Training: The Managing Director would be happy to stay and provide training for an agreed handover period. Reason for Sale: Retirement Asking Price: The Asking Price of £1.6M is for 100% of the issued capital of the company, assuming Net Assets of £406,039 on completion (calculated on a zero cash-zero debt basis). The final selling price will have a £1 for £1 adjustment for any rise or fall in this benchmark Net Asset figure of £406,039 at completion. Next steps: If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

For more information on Tree Surgery Business talk to Turner Butler Limited (Business Broker)