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Fri, Jan 27 2023 05:38:54 AM  |  /

Rapidly Growing Contract Cleaning Business

Business Id:000799     |    Reference: GC125
Price:
£350,000.00
Business Description

                                                                                          REF: GC125

Location: Essex and London

Asking Price: £350,000 plus Net Assets

Business highlights include:

Turnover 2021/22 over £650,000 p.a.

Gross profit circa £220,000 p.a.

Net profit circa £150,000 p.a.

Net assets circa £80,000

Excellent client base with repeat business

Superb profit margins

Loyal experienced and trained staff

Contracted Commercial work

Full range of accredited services

 

Business Profile:

The company was originally founded in 2018 to provide commercial contract cleaning and specialist cleaning services in the Essex, London and surrounding area.

By providing an outstanding quality of service and a broad range of specialist services as well as routine cleans the business has experienced rapid and sustainable growth.

Daily Cleaning Services

The business specialises and has grown an enviable reputation in the following daily cleaning services:

  • Offices
  • Retail
  • Educational Facilities
  • Gym & Leisure Facilities
  • Residential Block and Communal Areas

Additional Cleaning Services

  • Disinfectant Fogging Service
  • Window Cleaning
  • Pressure & Jet Wash Cleaning
  • Builders Clean

Specialist Cleaning Services

  • Deep Cleaning Services
  • Kitchen/Food Processing Deep Cleans
  • Floor & Carpet Cleaning
  • Jet Washing & Graffiti removal

Pest Control Services

  • Bird Control
  • Pigeon Control
    Rodent Control
  • Insect Control

The business is well structured with an excellent and consistent trading history and repeat client base showing continuous profit. There is enormous potential to grow the business further.

There are 4 members of staff employed by the business, 11 self-employed staff and numerous subcontractors for work outside of Essex and London.

Clients:

The business has a large and loyal client base ranging from office, retail, schools and residential management companies.

Technology:

All necessary equipment is in place required to run a successful contract cleaning services business. A full inventory of equipment is available to all interested parties.

Key Strengths:

Staff with over 30 years of experience and DBS Checked

Great reputation with excellent reviews

Large range of services

Fully insured and accredited

Safe Contract Approved

Federation of Window Cleaners

Safe Contractor Approved

IRATA Member

PASMA Member

Construction Skills Certification Scheme

IPAF

Growth and Expansion:

The business would benefit from a more interactive website and greater online digital presence and there is also the ability to gain larger commercial contracts by targeting procurement contracts.

The business is currently in the process of closing a large national contract with 26 sites for external cleaning and 8 sites with pest control worth in excess of £100,000 as well as contract cleaning for a prestigious blue chip, London based multi national company.

There are multiple opportunities to upsell and cross sell to existing clients with such a broad range of services.

Advertising:

The business engages in local press advertising but has profited mainly from strong word of mouth referrals and recommendations.

Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.

Employees:

The business is supported by 4 full time staff including:

1 Director

12 Contract Cleaners

3 Mobile Cleaners

Business Hours:

Monday to Friday: 8:00am – 8:00pm

Saturday & Sunday: Closed

Premises:

The Director operates the business from his home address.

Full details available.

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.

The business has achieved a history of excellent turnover and profits consistently over 5 years.

Turnover to 31st March 2022 £655,293 p.a.

Gross profit circa £220,910 p.a.

Net profit circa £152,813 p.a.

The Asking Price of £350,000 is for 100% of the issued capital of the company. The Net Asset Value is in addition to the asking price and currently calculated at £81,941 but will be confirmed in detail on completion.

A complete asset list is available.

Reason for Sale:

The owner of the business has other business interests that he would like to pursue.

Support and Training:

The existing director and shareholder will provide full support and training to any purchaser and has considerable experience in establishing and running businesses.

 
Business Information
Turnover:£650,000.00 Annually
Profit:£150,000.00 Annually
Is this business relocatable: No
Business Sector: Cleaning Services, Contract Cleaning Services
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: na
Key strengths: Staff with over 30 years of experience and DBS Checked Great reputation with excellent reviews Large range of services Fully insured and accredited Safe Contract Approved Federation of Window Cleaners Safe Contractor Approved IRATA Member PASMA Member Construction Skills Certification Scheme IPAF
Key Opportunities: na
Financial performance: 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 has achieved a history of excellent turnover and profits consistently over 5 years. Turnover to 31st March 2022 £655,293 p.a. Gross profit circa £220,910 p.a. Net profit circa £152,813 p.a. The Asking Price of £350,000 is for 100% of the issued capital of the company. The Net Asset Value is in addition to the asking price and currently calculated at £81,941 but will be confirmed in detail on completion. A complete asset list is available.
Asking Price: 350000
Advertising and Marketing: The business engages in local press advertising but has profited mainly from strong word of mouth referrals and recommendations. Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.
Growth and Expansion: The business would benefit from a more interactive website and greater online digital presence and there is also the ability to gain larger commercial contracts by targeting procurement contracts.
Premises: The Director operates the business from his home address. Full details available.
Business Hours: Monday to Friday: 8:00am – 8:00pm Saturday & Sunday: Closed
Employees: The business is supported by 4 full time staff including: 1 Director 12 Contract Cleaners 3 Mobile Cleaners
Support and Training: The existing director and shareholder will provide full support and training to any purchaser and has considerable experience in establishing and running businesses.

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