Relocatable Contract Cleaning Business with Solid Client Portfolio and Low Overheads for Sale
Relocatable
- Status
FOR SALE
- Date Submitted:
20/10/23
- Advert ID
601424
- Asking Price: £150,000 (Stock at valuation)
- Turnover: £1,350,000 (£25,962 Per week)
- Net Profit: £100,000 (8% Profit margin)
Key Features
- Established Business
- High Turnover
- Price Reduced
- Home Based
- Unique Business
- Large Business for Sale
Business Details
Contract Cleaning Business for Sale 🧽🫧 £100k profit per annum
Very rare opportunity to purchase an exceptional Commercial Contract Cleaning Business:
Turnkey profitable business from day one.
A long standing, very well established contract cleaning business is now for sale.
Based in the Midlands and established in 2013 by the director the company has gone from strength to strength. The business continues to grow even in the current economic climate and will secure new contracts in the coming months.
Now 2023 the company employs over 150 staff and turns over in excess of:
- £1,350,000 (Million)
with net profits of around:
- £100,000 (this will easily be circa £160000 with management restructure and add backs)
Accounts available for year end December 2022. P&L available from Dec 2022 to now.
The client portfolio of the company is very solid and includes some very well known named clients. All clients are working on a contracted basis at very agreeable charge rates. Most are on rolling 12 month contracts that automatically renew.
The current business is structured so that all staff work remotely and that there is no need for expensive premises or warehouses.
Keeping the overheads low and the rates high allows for a successful and profitable business. No expensive energy bills either!
The company does not store or hold large amounts of stock as this is shipped out on a next day delivery from national suppliers who they have worked with for many years.
The director works from home and advises that the business HQ is completely relocatable or as part of the sale the PO Box office address could be kept for continuity.
Financials are available to the right party and the director is happy to discuss the internal workings of the business. There is also a possibility he can carry on working with the buyer for a number of weeks/ months to ensure a smooth handover.
The business is now for sale due to other business interests.
This is a very profitable and sound business ready to be snapped up by a competitor in the industry or someone looking for a simple business with high profit margin.
- Proof of funds and ID will be required.
- NDA must be signed before any financials will be released.
- No seller finance or deferred payments
Listing Statistics
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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