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Started by the current owner over 25 years ago (with a desire now to retire), the business provides professional cleaning services to commercial clients in Middlesex. The business is currently run from a home office and is easily relocatable locally.
The business services around 20 clients on a fixed contract basis, with additional ad hoc jobs as required. Clients include doctor’s surgeries, solicitors, accountants etc, many of whom have been with the business for many years. Customer retention is therefore excellent, generating an ongoing recurring revenue stream.
The clients are serviced by 10 employed part time mobile cleaners, who use their own cars to get to and from assignments. Cleaning products and equipment are provided by the company.
The business has been operated as a lifestyle business, with the current level of trading suiting the needs of the current owner, who works around 10 hours per week, on administration and customer care issues. While it has a brochure style website, the business does not market or engage in social media activities, which provides significant opportunity to the buyer.
Annual turnover exceeds £85k per annum, generating owner earnings of more than £30k. The guide price for assets and goodwill is £65k to include all client and employee records & contracts, website and domain, telephone numbers and cleaning equipment and materials. The owner is flexible with regard to handover, and will provide appropriate support to ensure a smooth transition.
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