Well Established Skate Park Manufacturer/Designer for sale
Blandford forum, Dorset
- Asking Price: £79,995 +SAV
We are advised as per the 2020 accounts, the business generated a turnover in the region of £250,000, with an adjusted net profit in the region of £48,000. Full financials can be made available upon further request.
Please quote reference B06450
- Tenure: Business Only
Please quote reference B06450
Hilton Smythe welcomes to the market, Evolution Skate Parks.
The business was founded back in 2003 by the current owner who was a keen BMXer and spotted a great opportunity for taking the family steel manufacturing company into something more exciting. The business has been a real labour of love for him and his wife completing many impressive jobs over the years and accruing a fantastic reputation.
The business is now being sold, albeit reluctantly and with a heavy heart only due to poor health, the vendor is keen to see his beloved Skate Park company pass to an ambitious and entrepreneurial new owner(s) who can take it to the next level.
Evolution has built more than 100 cutting-edge skateparks across the UK with happy clients including Pontins, Newperran Holiday Park, numerous Parish Councils from St.Helier to Bury, Basingstoke to the Isle Of White and beyond and HM Forces.
The business offers a full and complimentary skatepark design service for their customers and offers user consultation from concept right through to completed installation. The business manufactures and installs a range of products including modular skate ramps , mobile and portable skate ramps and custom built items and associated products.
Evolution manufacture in metal and timber meaning their products are modular, fully unique and adaptable and can easily change with time. The company has secured the smaller village orders that the larger manufacturers left in the market tend to shy away from and this niche area is likely to be particularly lucrative going forwards. Evolution is on the approved contractors list of most councils and local authorities across the UK.
The business also manufactures a range of skatepark furniture including youth shelters, seating benches, metal signage and waste bins along with bespoke items such as access or barrier gates.
Evolution also offers what they believe to be one of the most comprehensive and specialist ranges of skate ramp maintenance and repair services in the UK and this currently represents approximately 50% of the company turnover and will prove especially beneficial in the future.
The sale will include the company website and Facebook page and the business enjoys great visibility on the internet.
Scope to improve -
- Advertising and marketing campaign
- Employ a sales manager to canvass for additional work
- Introduce concrete products alongside the current range
- Update the existing website and improve SEO.
- A well established business with an enviable reputation and many existing customers
- Current owner happy to offer a handover to ensure the continued success
- Ideal bolt on to an existing leisure type business
- All fixtures, fittings and equipment included making this a real Turnkey business
We are advised that the business is owner run and managed, with the help of 1 other full-time manager. The business also has 2 self-employed contractors.
The business trades 24/7.
Evolution Skate Parks is being sold as a relocatable business opportunity and could feasibly be run from anywhere in the country. The business is currently based in Dorset.
The business is being sold as relocatable opportunity and a new owner would need to provide a workshop or small industrial unit.
We are advised that the business is being sold on a Business Only basis.