Business To Buy

Well Established Profitable Commercial Cleaning Business

South East England, ---Europe
Ref No: GC128

Location: South East England

Asking Price: £170,000 Inc. Net Assets

Business highlights include:

Turnover 2022/23 over £430,000 p.a.

Gross profit over £200,000 p.a.

EBITDA £70,000 p.a.

Net assets circa £20,000

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 2006 to provide commercial contract cleaning and specialist cleaning services in London and the South East of England.

The company prides itself on being a professional, reliable, and competent commercial cleaning company covering London and the South East specialising in post build and sparkle cleaning in new builds and refurbishments including residential dwellings, schools, colleges, retail, and hospitality. They also carry out external cleaning to windows, frames, curtain walling, solar panels and brise soleil.


All company operatives and supervisors have a green CSCS card with several Senior Supervisors holding a SSSTS certificate. The company also have operators with IPAF and PASMA tickets.

The company has a comprehensive Health & Safety policy and holds the CHAS accreditation as well as being members of Construction Line and Builders profile. They always have a working supervisor on site.

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 and to add additional specialist services.

There are 16 members of staff employed by the business, including management, supervisors and mobile operatives.

Services

Post Build Clean

The company has built a formidable reputation for post build cleaning and this is their specialist area of focus. They provide internal and external post build cleaning services to commercial and residential projects.

Commercial Cleaning

Commercial Deep Cleaning

Hard Floor Deep Cleaning and Maintenance

Commercial Window Cleaning

Including Water fed pole system, Cherry Picker and Scissor Lift Cleaning for a range of clients from offices, retail units, leisure centres and schools.

End of Tenancy Cleans

Thorough cleaning services including internal and external windows, carpets and upholstery, deep clean and degreasing, descaling, oven cleaning, hard flooring, woodwork, sockets and cobweb removal.

Carpet and Upholstery Cleaning

Services provided to pubs and restaurants, offices, retail spaces, leisure centres, doctors and dental surgeries, vets surgeries, hotels and guest houses, care homes, sports and social clubs and housing associations.

Clients:

The business has a large and loyal client base ranging from office, retail, hospitality, health, schools, leisure centres 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:

Reputation for specialist post build cleaning

Experienced loyal and referenced staff

Great reputation with excellent reviews

Website with online quoting

Repeat Customers

Fully insured and accredited (CHAS, SMAS Worksafe)

Advertising:

The business engages in local press advertising and has profited from strong word of mouth referrals and recommendations as well as some targeted SEO campaigns specifically for end of tenancy cleaning and commercial window cleaning.

The business has an excellent relationship with their website provider and significant traffic and enquiries are generated through this.

The company website is content rich and they have a social media presence with positive reviews and client testimonials.

Employees:

The business is supported by 16 part and full time staff including:

2 Directors

1 Operational supervisor (3 days per week)

1 Office Clerk/finance/credit control (1 day per week)

3 Supervisors

6 Contract Cleaners

3 Sub Contract Cleaners

Premises:

The Directors operate the business from an office at their home address.

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 2023 £434,995

Gross profit circa £214,237

Net profit circa £67,496

The Asking Price of £170,000 is for 100% of the issued capital of the company. The Net Asset Value is included in the asking price and is currently calculated at circa £20,000 but will be confirmed in detail on completion. A £ for £ adjustment will be made to the asking price for any amendments to the net asset value at the date of completion.

A complete asset list is available.

Reason for Sale:

This is a retirement sale.

Support and Training:

The existing director’s and shareholder’s will provide full support during the transition period following sale.





Financials

Price: $170,000
Gross Income: $0
Cash Flow: $0
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #GC128
Year Established: 2006
Financing:
Training:
Facilities:
Competition:
Growth:
Business Listed By
Name: Andrew Hudson
Company: Turner Butler
Phone: 01895 25 6000

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