This is the planned retirement sale of a well-established, successful specialist business, with a long history in a niche market, very profitable and cash generative, and easily run with a good management and support staff.
There are two core divisions within the business, firstly the organisation of all aspects of Traffic Management at events and exhibitions, and secondly a Highways division started some six years ago, which has grown most successfully to approaching 50% of current turnover.
The Traffic Management division covers pre-show planning, liaison with authorities, site management and marshalling co-ordination, and the business also offers related specialist services including consultancy, technical administration and health & safety projects, porter & distribution services.
The business has a prestigious nationwide client base, across both sectors, a renowned brand and respected reputation in its core niche markets. The customer base is growing year on year.
The Events business is located in London, which is advantageous, although operations are national and location is not a key issue. The Highways division is strategically located in Kent, as much of their work is in the South East. The business has good management and support teams in both divisions who are expected to remain post sale.
There are significant known growth opportunities in both operations which have not yet been maximised. The business offers the ability to enter niche markets with a growing varied client base, and as a vehicle to enter known new related markets.
The following financial summary has been extracted from the business records. Full details will be available to serious interested parties at the appropriate time.
The owner has semi-retired and is not directly involved in the daily running of the business and is now willing to consider offers for an outright sale of the business. The strong Board and Management team are expected to remain with the business under new ownership, but the outgoing owner will continue for a suitable handover period.