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Domestic Cleaning Services In East Yorkshire For Sale

(Ref: HO9382)

Beverley, East Riding of Yorkshire, United Kingdom

Financials

Asking price: £55,000

Sales revenue: £50,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Thriving opportunity which would suit working couple. Currently operating from an office in East Yorkshire this business could easily be based at home and be located anywhere in the East Yorkshire area. Profits available to a working couple of circa £30k per anum.

Property: Freehold


Location
LOCATION
This business currently operates from some small premises in Beverley, E. Yorkshire. However, the nature of the business means it could easily be operated from home, ideally in the current vicinity.

THE BUSINESS
This thriving business provides domestic cleaning services for a number of residential premises in the E. Yorkshire area. They provide a combination of weekly, monthly and one-off cleans for a variety of clients. Many customers have been using the services for a long period of time and new business is generated from both personal recommendation and advertising. The current owners do a certain amount of cleaning themselves and in addition employ a varying number of part-time staff to assist them. This is an ideal starter business for a working couple with the added benefits of daytime hours and a certain degree of flexibility.

TRADE
The business was established by the current owners in 2005 and since then they have built up a reliable client base which generates them a good level of income. The latest financial figures available for the year ending March 2008 show a turnover of £63,701 and we are advised that trade for the following 12 months will be in line. The profit available to the two working owners is in the region of £30,000. Accounts will be made available to interested parties following a formal meeting with the vendors.

BUSINESS PREMISES
The business currently operates from a small office, within a unit on an industrial estate. This is furnished with desks and computers and has a storage area for cleaning materials. The current lease is held on an informal basis and the premises can be vacated on a months notice. From the accounts available, the rent payable for y/ending March 2008 was £3,540. In our opinion, this is a cost that could be saved by housing the administration and storage side of the business at home.

GUIDE PRICE:
The vendors are seeking £55,000 plus stock at valuation, for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory.


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