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Businesses For Sale > Business For Sale in Essex, UNITED KINGDOM - UK (UK)

Rapidly Growing Contract Cleaning Business for sale in Essex, UK

Essex, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
$ 350,000 Undisclosed Undisclosed

Business Summary:
Ref No: GC125Location: Essex and LondonAsking Price: £350,000 plus Net AssetsBusiness 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 £80,000Excellent client base with repeat businessSuperb profit margins Loyal experienced and trained staffContracted Commercial workFull range of accredited servicesBusiness 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 AreasAdditional Cleaning Services• Disinfectant Fogging Service• Window Cleaning• Pressure & Jet Wash Cleaning• Builders CleanSpecialist Cleaning Services• Deep Cleaning Services• Kitchen/Food Processing Deep Cleans• Floor & Carpet Cleaning• Jet Washing & Graffiti removalPest Control Services• Bird Control• Pigeon ControlRodent Control• Insect ControlThe 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 CheckedGreat reputation with excellent reviewsLarge range of servicesFully insured and accredited Safe Contract ApprovedFederation of Window CleanersSafe Contractor ApprovedIRATA MemberPASMA MemberConstruction Skills Certification SchemeIPAFGrowth 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 Director12 Contract Cleaners3 Mobile Cleaners Business Hours:Monday to Friday: 8:00am – 8:00pmSaturday & Sunday: ClosedPremises: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.

 

   
Year Business was Established: 2018
   
Number of Employees: 16  
   
Owner willing to train: The existing director and shareholder will provide full support and training to any purchaser and has considerable experience in establishing and running businesses.  
   
Reason for selling: The owner of the business has other business interests that he would like to pursue  
   
Seller Reference Number: GC125
BusinessMart.com Listing Number: 284380
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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