Peter (left) and Adrian sealing the deal
Ed’s Garden Maintenance is the largest UK garden maintenance franchise, with a network of 44 Operators.
Ed’s is delighted to welcome Peter Dixon to our team of Business Operators. Peter has just signed up to buy Adrian Thomas’s established Ed’s business in Southampton.
At Ed’s we encourage Operators to create value from their investment for the whole of the lifecycle of their business and that includes at the end, when they decide to hang up their gardening gloves. With careful planning, Operators can sell their businesses on to new Operators and leave Ed’s with a significant cash sum. It’s a win-win situation for all parties:-
- the established Operator moves on to retire or do something different having realised a good cash sum for their efforts.
- the new Operator acquires a business where they do not have to start from scratch as they start with a bank of customers to service
- Ed’s gets a new Operator to replace the exiting Operator.
Adrian says ” I’ve really enjoyed my time with Ed’s and after five years, and reaching age 65, I have decided to retire and take the opportunity to realise some capital from the business. Indeed, the real potential of building a readily saleable business was a major consideration in my decision to join Ed’s in the first place. The way the business model works means that you can build value into your business by establishing a regular customer base and on top of that you have the intrinsic value of the Ed’s brand to sell on. Having decided that I wanted to achieve a good sale at some stage during my fifth year, I took advice from Ed’s on timing, valuation and marketing the business at an early stage and followed their guidelines about how to sell a business to the letter. The results have come through and I’m delighted to be handing my business over to Peter.”
Peter says “I am very excited to have bought an established garden maintenance business from Adrian. I look forward to developing the business further and enjoying the lifestyle. Adrian has been very supportive, teaching me the ropes of the business and making sure that the handover of customers goes well. I am confident that owning a franchise in the gardening business is the best way to go and taking over an existing franchise is an added bonus.”
We wish both Adrian and Peter all the very best with their future plans.