Highly Profitable Midlands Cleaning & Ground Maintenance Company For Sale

Business description

Summary

Asking price: £290,000, Turnover:£320,000 Net profit: Available on request

Years established: 1990

Employees: In addition to the (2) owners there is a further (6) full time cleaners one of which is our supervisor and a number of part time cleaners, as required. At present (6)

Relocatable:This business can be relocated.

Business description:

Founded in 1990 this business has grown steadily after attracting and obtaining many profitable contracts and is poised for significant growth in the near and longer term. In this period the business has established itself as a local force and became a highly profitable enterprise, profits that have continued to increase with the continual growth of this business.

The company has benefited from the length of time the owner has been in this industry and from the level of contacts and reputation which has established over the years, rapidly establishing a significant reputation among new customers for the quality of service, honesty and reliability.

The company provides contract cleaning & ground maintnenance working in the commercial market with several contracts on a 12 month rolling basis. with contracts being on a daily or weekly basis.

The owner has dealt with several of these clients for a number of years and through high recommendations from them has gained several new contracts.

The company also works with large house builders, an area they are progressively building their reputation in, thus ensuring not only that they maintain their high reputation overall but also ensures a continuity of work. This has also led to further work both through word of mouth referral and also resulting from the migration of staff that is a constant within the building industry.

With several new contracts constantly starting this offers a significant opportunity to an existing business to acquire several profitable contracts, or for a new owner to enjoy an entry into this lucrative market place, with huge scope to build on this established and profitable business platform.

Customer Service:

Furthermore the business considers simply that happy customers come back and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness. The results of this commitment are evident in the degree of return custom and the choice of this business by new customers over competitors, having steadily established themselves within the industry.

A client centred, welcoming and friendly service is offered with excellent professional advice. Every effort is made in order to satisfy client requirements. This business does everything possible to enhance its excellent reputation and to develop commitment to customers' needs providing thorough and high added value service; with a promise of trust earned over the many years where customer welfare is paramount.

Equipment:

There is a full equipment list available from the owner, on request.

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 Europrise Consultants.

Sales revenue is circa £320,000 per annum and the vendor feels that with a greater focus on sales and marketing combined with existing growth patterns the business could dramatically increase its revenues. In addition the company is constantly acquiring new contracts.

Property information

Property: LeaseholdLease terms: Lease if required, £5,000 per annum, inclusive of rates, services and utilities, thus ensuring overheads are kept to a minimum at all times.

Location: The business currently owns the premises freehold but if new owner requires the site then the lease will be as above on a monthly licence, requiring a months notice.

Other information

Expansion potential:

This business offers an excellent opportunity for the successful buyer who is seeking a well-established business with the capacity to increase turnover, possibly expanding into other satellite locations and developing new regional markets.

The Company maintains an extensive base of satisfied customers, contracts continue to grow, and with additional staffing and further promotion within the appropriate market sectors, would offer this financially attractive business even greater potential.

Since inception this Business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. With more of the same it is considered that a new owner with fresh impetus and enthusiasm can capitalise on the tremendous opportunities available.

Competition / Market: The business does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium. A professionally designed website could allow potential customers to view the extensive range of services on offer, and give excellent potential to increase the turnover in the future. Much of the business's revenue is a result of word of mouth recommendation, bearing strong testimony to the excellent reputation enjoyed by the business since its inception. As there is currently little, if any, advertising the owner is aware that a more active sales and marketing campaign would certainly improve sales and profitability and will increase its market exposure and revenues.

Support & training: The owner is happy to provide a handover period for the new owner and will offer support after the sale as well as introducing the new owner to suppliers and clients where appropriate.

Reasons for selling:The owner has several new and lucrative business opportunities to pursue after having spent several years in this industry.

Trading hours: Monday – Friday 7.00 – 3.00 for the office, plus cleaning times.