Drain and Sewer Inspection, Clearance and Repair Services for Local Authorities,
Water Utilities, Commercial Companies and the General Public
Ref.GC020 Location South West England Asking Price £800,000Confidential offered for sale
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | |
Asking price includes
Solid established, Blue-chip diverse Blue-chip client/customer base
Comprehensive range of equipment machinery and tools
Fleet of Sign-written vans fitted with vehicle tracking
Substantial number of annual maintenance contracts
Large inventory of tools, materials and machinery
Extensive Advertising and Marketing Database
Qualified and highly skilled technicians
Extensive investment in technology
Sales of circa £1,000,000 per annum
Prime, highly visible location
Complete Turnkey Operation
Extremely lucrative margins
On-going growth pattern
Training and handover
Excellent reputation
Goodwill | Business profile: | This established business provides a professional cleaning, inspection and refurbishment service of drain, sewer and pipe-work systems. The business maintains a solid, loyal, diverse and expanding customer base and excellent customer retention has been achieved based on customer satisfaction and loyalty.
The business operates on a 24-hour emergency basis, serving residential, industrial and municipal markets.
The workforce is highly trained and motivated and uses the latest technical equipment available. All technicians wear company uniforms, emphasizing a professional approach.
Damaged and blocked drains are bad news for most businesses, causing work to be stopped and raising health and safety issues. This drainage specialist has a wide range of solutions and specialized tools to assess the situation, and to clear, refurbish and maintain the drainage systems.
The liveried sign written vans are equipped with modern, hi-tech high-pressure water jetting equipment, specialist machines and tools and health and safety equipment. The fleet of specialised vehicles can clean drains from 100 mm to 1.2 metres in diameter and are available for both routine maintenance and emergency work.
The foundation of the business is dealing with blocked drains, however in recent years the services have evolved and expanded to include a complete cleaning, maintenance and repair service for all types of drain and pipe work systems, using methods that have saved many customers from costly hit-and-miss searching and structural damage.
The surveying of drains for structural analysis is available, using a slim line camera close circuit television (CCTV), surveying and inspecting drains from 150 mm to 2 m in diameter for pre-adoption of drainage systems. Written reports and colour videotapes of drains permit accurate recognition and diagnosis of potential problems.
To avoid the need to excavate drains the business uses a drain lining repair technique that places a one piece fibre-glass pipe, which is impervious to root ingress, within the existing pipe, this technique can also be used to rehabilitate Pitch-Fibre pipe that has been laminated. The benefits of this in-situ lining include lack of disturbance to gardens, patios, driveways and extensions built over existing drain runs. This technique also avoids the cost of a road dig if householder’s drains join sewers that are situated in the road.
The business has on going maintenance contracts with many of the clients, preventing any inconvenience and disruption and costly repairs. This has been developed for commercial and industrial clients, a pre-planned service this cost effective method ensures the maintenance of drains, sewers, foul drainage, process pipe work and associated pipe work, helping to avoid blockages that can result in damage to property and stock, and the potential health risks and inconvenience.
The business is a recognized market leader in every aspect of pipes, drains and sewer maintenance.
Customer Service:
A fast and efficient standard of response to callouts is a priority; the specialist technicians provide 24/7 support to an ever-growing list of customers. Working closely with clients is the main company focus delivering service of the highest quality on time every time.
This business has expertise, highly skilled personnel and reliability, doing everything possible to enhance their excellent reputation, including providing a personal, thorough, efficient and friendly service with every effort is made in order to satisfy the customer’s requirements.
Strong client satisfaction is a testament to the strength of the special relationships the business maintains with clients; customer service is the cornerstone of this businesses success.
Key Strengths:
Operating since 1996, this business has earned a tremendous reputation and presence in the City and surrounding areas, benefiting from continued growth and success due to its professionalism and commitment to its clients.
The business has traded successfully through the effects of the foot and mouth crisis, the SARS crisis, the stock market crash, the war on terrorism and the economic fallout since the tragic events of September 11th.
This company’s continued strength and profitability is founded on its consistence of retaining a high level of repeat business, its excellent reputation and high profile central location and its delivery of a flexible, first class service.
Quality Assurance:
The business is a responsible, professional service with guaranteed workmanship. All working procedures comply with the environmental requirements laid down by the Health and Safety regulations.
Staff and technicians also follow a code of conduct that ensures customers receive a punctual service and prior notification of any delays. All technicians are courteous, work to ISO9002 standards, carry identification and are dressed in full company uniform.
| | <>Advertising and Marketing:
The distinctive sign written vans act as a mobile visual means of advertising. Additionally, a key part of company business is regularly obtained from recommendation from existing satisfied clients.
Yellow pages, local press, trade awareness, tradeshows, leaflets and brochures and the finest form of marketing, word of mouth recommendation are used to advertise and market this business. The Company generates sales from direct marketing and recommendations. The company maintains strong connections with national and regional drainage companies.
Consistent growth will be achieved by building on this success.
The business for sale benefits from strong, successful Internet marketing, and also uses prominently displayed high visibility banners well positioned in main road locations that benefit from a high volume of passing vehicular traffic. | Clients:
The business offers a high quality, reliable service for all types of domestic and commercial customers including, local authorities, housing associations, airports, schools, colleges, factories and retail outlets.
Growth and Expansion:
This business has achieved an excellent reputation for quality and service with recognised business name. Consistent growth will be achieved by building on this success. | | 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.
The business is financially stable with no borrowings, low overheads, positive cash flow, no debtors, high gross and high net profit and has shown consistent strong growth in profits and turnover (circa 30% per annum)
Sales are circa £1,000,000 per annum | Management and Staff:
The owners are a husband and wife team who are responsible for the day-to-day management of the business.
The team comprises of fifteen full time staff. All of the technicians are fully trained, many hold qualifications and certifications for confined space working, gas testing and for using breathing apparatus. | Reason for Sale:
Having spent the last eight years developing the business, the owner and his wife are now retiring abroad to indulge personal interests and passions.
Support & Training:
The owners will fully assist the successful purchaser with the hand over and training. | | | 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. Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision. Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information. This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006 |
|
