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Advert Details
Cleaning Services Company For Sale
(Ref: 9173B)
West Midlands, United Kingdom
Financials
Asking price: £184,995
Sales revenue: £220,000
Net profit: £37,700
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Advent Business Sales are pleased to offer to the market this established cleaning services company, which although only established 4 years ago, has seen a steady increase of trade year on year.
The current vendors have been in constant ownership and are reluctantly selling due their plans to re-locate to New Zealand.
The company provides commercial and domestic cleaning, as well as specialist duties, for example Odour relief.
There are regular contracts in place which include
• Work for the city council to clean prior to and after refurbishment - these can be between 200/300 per year.
• Communal area cleaning
• Build cleans,
• Office cleaning (which includes 6 offices in a local prestigious complex),
• Daily cleaning of a 5 star AA rated city centre hotel,
• Domestic cleans.
Added to this is work carried out for local Estate & letting agents and solicitors, to prepare houses for letting or sale.
The company has its own website and advertises in Yellow Pages, on Yell.com and many free search listings.
The business is run from an office in a serviced block. Staffing is on variable contracts and at present stands at 10 people, one of which runs the office.
REF: 9173B
Trading hours: Flexible
Property: Leasehold
Lease terms
TENURE: Rented office
Original lease: 12 month continual
Remaining lease:
Review every: 12 months
Rent: £303 inc heat and light per month
We are advised that the annual business rates are currently: £312.65
Location
Our client’s cleaning company is conveniently located away from the city of Birmingham in the West Midlands. Its customer base is north to south to east Birmingham and its main office is in a serviced office block. It is close to all major routes required to service its customers.
The thriving multi cultural city of Birmingham and the West Midlands is served by a network of motorways, including the M6, M5, M40 and M42. Backing this up is an abundance of dual carriageways. Rail links to the capital and the rest of the UK are excellent. The large important International Airport and Exhibition centre only reinforce the standing of the area.
Expansion potential
There is potential to increase trade by:
1. A full time owner – the vendor currently works only 3 days a week due to study commitments.
2. Further advertising and marketing
3. Promoting domestic cleaning as there is opportunity to grow this side of the business
4. Developing further the business with the construction companies
They have also just started house/ factory/office clearance which, in a very short time is proving to be a highly lucrative side of the business and has huge growth potential.
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