Asking price: £44,950

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: £10,000

Stock value: £1,000

Business description
Affluent West Surrey & North Hampshire Areas
Easily Run From Home
Fully Equipped Sign Written Van
Massive Potential to Increase Turnover
Loyal Repeat Customer Base

Business
This business has been established for around 16 years and consists of 2 Chem-Dry franchises and covers the affluent area of West Surrey and North Hampshire. The business operates from the owner’s home using a sign written fully equipped van and offers carpet and upholstery (including leather upholstery & curtains) cleaning to both commercial and residential clients as well as flood & fire restoration work, which comes directly through insurance companies. Much of the cleaning work comes from repeat customers and both the owner and Chem-Dry have a good reputation which leads to a good deal of word of mouth recommendations.

Accounts
Accounts for the 20 months to the 28th February 2009 show a turnover of £131,000 with a basic operating net profit in the region of £70,000. The year to 30th April 2007 showed a turnover of £94,000 with a basic operating profit of £48,000. Full accounting information will be made available to potential purchasers after a formal meeting with the vendor.

Franchise
Chem-Dry is the UK’s leading Carpet and Upholstery Cleaning and Flood & Fire Restoration Company and is a nationally recognised brand with over 30 years experience in fabric care research and development. Full details are available at the Chem-Dry website www.chemdry.co.uk

Training
Full training to cover carpet & upholstery cleaning and insurance work at Chem-Dry’s Head office is included in the asking price. Further training is available to allow the franchisee to tap into the Leather repair, Hard Floor cleaning and Carpet re dying, repair and refitting market etc.

Note
The current owner took over this franchise in a caretaker role in August 2009 after the sad death of the previous franchisee and is now offering it for sale due to a conflict with other business interests.

Staff
The business is currently owner operated without additional staff, however the previous owner occasionally employed a number of subcontractors.

Potential
One area that has shown consistent growth over the years is that of “end of tenancy” cleaning for landlords & property agents as well as obtaining contract to carry out commercial cleaning (offices, hotels, theatres, schools, etc). This is an area that could be massively expanded by networking and marketing.
This business is fully scalable and the franchisee can deploy as many vans and staff within the area as they wish.

Hours
The hours that you choose to work are entirely up to you. The business currently operates during normal office hours with occasional emergency callouts (charged at a higher rate). The business model is ideal for “out of hours” office cleaning.

Legal Fees
Vendor and purchaser are to meet their own contractual costs. The vendor will pay the costs of the purchaser’s basic training after exchange of a legally binding contract.

Viewing
Strictly by appointment.

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Expansion potential
One area that has shown consistent growth over the years is that of “end of tenancy” cleaning for landlords & property agents as well as obtaining contract to carry out commercial cleaning (offices, hotels, theatres, schools, etc). This is an area that could be massively expanded by networking and marketing. This business is fully scalable and the franchisee can deploy as many vans and staff within the area as they wish.

Support & training
Full training to cover carpet & upholstery cleaning and insurance work at Chem-Dry’s Head office is included in the asking price. Further training is available to allow the franchisee to tap into the Leather repair, Hard Floor cleaning and Carpet re dying, repair and refitting market etc.