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1/1Turner Butler Business Broker
This company operates in the wide-ranging market of security fencing. It rents out, delivers, erects and dismantles security fencing and barriers that are designed to stop people getting in, out or over from the chosen venue. The range of applications for this sort of equipment is vast and it makes the available market place large and diversified.
The business provides three different types of fencing to a wide range of clients. Crowd control barriers are used for channeling large numbers of people into and out of venues in an orderly fashion. Anti climb fencing is usually implemented around the perimeters of sites and prevents access to those intent on not paying to get in and finally steel shield barriers which inhibit the free viewing of proceedings from outside the ground.
The business has a large database of clients with a core customer base of thirty regular users many of whom are committed to ongoing supply contracts for two or three years hence.
The business works for a range of venue operators including Music festivals, Forestry Commission, Racecourse owners, Country fairs and local authorities. With the impending massive demand for the 2012 Olympic Games the business could easily see its revenue streams double in size as demand in the market place intensifies. Margins remain stable and equipment has a long working life.
Equipment:
The business currently holds around two thousand crowd control barriers, three thousand seven hundred anti climb fences and eleven hundred steel shields. In order to move this stock from venue to venue the company has three lorry tractor units, three trailers, One seven and a half ton lorry, one pickup , two tri axle flat bed trailers and a forklift truck.
Customer Service:
This business has grown its market share due to attention to detail. All staff are trained to the sensitivities and demands of every client and pay specific attention to fulfilling their brief with the minimum amount of disruption to the proceedings and to the ground on which they are working.
Clients don’t want to see scruffy and poorly maintained fencing as it reflects on the visual impact of their event. All equipment is repaired and maintained to the highest standards and as such many customers have contractually committed to use this company for the next two or three years because they know that the level of service will be the best available.
Key Strengths:
Well established with an excellent reputation
Strong and committed client base
Well-maintained equipment
Increasing demand
Quality well trained staff
Key Opportunities:
2012 Olympic Games and subsequent demands.
Financial Information:
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. The business enjoys a turnover in the region of £500,000 with strong adjusted net profits before tax of circa £150,000.
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