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Turner Butler Business Broker

1/1Turner Butler Business Broker




Manufacturers of Turf Care & Maintenance Equipment Top Dresser Specialists

This business specialises in turf maintenance equipment, manufacturing top dressing sand equipment for golf courses, horse tracks, football and bowling pitches, sports arenas and sports ground contractors, etc. Equipment manufactured by the company includes Top Dressers & Highlift Trailers, Drop Spreaders and Spinner Spreaders.

The business is well established with a blue chip client base and became a limited company in 2005; it is now recognized for manufacturing exactly what the customer requires in straight forward designs and improved machinery, which is highly price competitive.

Sales are currently broken down as follows

• 50% Republic of Ireland
• 1% Germany
• 5-10% Northern Ireland
• 35% United Kingdom
• 5% Sweden

The company has excellent knowledge on grass growing and also of how to protect it to keep a lustrous green lawn. This knowledge means knowing the value of effective top dressing, being the only way to maintain true healthy turf. With this in mind the business manufactures the very best machinery for applying top dressings and have designed, refined and thus perfected a wonderful range of top dressers.

Customer Service:

The company is committed to providing excellent after sales services and equipment of the highest quality, which keeps the business at the forefront of its field. The business has developed an excellent reputation for providing personal attention to detail and responding quickly to customer requirements.

Key Strengths:

Design, development and production of the entire machinery range is now concentrated at the company’s premises. The product range has been streamlined and represents the very best in design and engineering. The equipment is renowned for the robust build quality, uncomplicated design and ease of use, designed to produce a superb finish on all regularly-maintained grass surfaces from the finest golf and bowling greens to sports fields and stadiums, public parks and gardens, amenity areas and ornamental lawns.

Key Opportunities:

This is a well-structured company generating excellent profit margins with incredible growth potential and is a unique opportunity for an individual or a company with global coverage to purchase a growing business and to bring the sales to the next level. It is considered that a global company with the right coverage could do 10 times the current business undertaken.
This is an outstanding opportunity to build on the existing business levels and customer base of this company, backed by a leading brand name. With a strong demand for this business’s products a new owner could broaden the product range and increase turnover and have every advantage of building on an excellent platform.

This business maintains an extensive base of satisfied customers, who value the company’s products and service. Early viewing is recommended to appreciate this excellent opportunity. The current market for this business’s branded products is stable and is forecast in the near and longer term for significant growth. The business is ready to be taken to the next stage and is well positioned to take maximum advantage of this growth as it occurs.

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.

Annual Sales are circa £250,000 per annum with a gross profit of circa £105,000.



Property:
Leasehold
Location:
Premises are not included in the sale of this company, the owner is aiming at someone with manufacturing facilities, however to facilitate a smooth handover the vendor would consider a leasehold option for a reasonable period of time.

Competition / Market:
The business has advertised in related magazines.
Reasons for selling:
The vendor now wishes to concentrate on other business activities.
Employees:
The vendors are husband and wife and are directors of the company. The business employs seven production workers, one account /administration worker and one sales person.
Years established:
2005
Support & training:
The owner is willing to stay on for a mutually agreed period of time of up to one year to ensure a smooth transition of ownership.


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