Status: Sold STC
Turnover: £178,000
Contract Cleaners Ideal Location HertfordshireContract Cleaners Ideal Location HertfordshireContract Cleaners Ideal Location Hertfordshire
Relocatable
£84,995 + SAV

Contract Cleaners Ideal Location Hertfordshire

Sold STC
  • Reference: 13831 J
  • Location: Hemel Hempstead, Hertfordshire
Hilton Smythe are delighted to present this commercial cleaning company which is run from our client's home in Hertfordshire and is therefore easily relocatable.

Established by our client in 2001, the business is now being offered to the market to allow our client to concentrate on other business activities.

The business has over 20 commercial cleaning contracts and several commercial window cleaning contracts in Hertfordshire and Bedfordshire. Virtually all of the cleaning contracts are for day time or evening office cleaning, Monday to Friday (no public holidays) and a large proportion of the contracts have been held for long periods, many in excess of 10 years. This is an excellent client retention rate which is the envy of their competitors. Additionally, there is an account in place with a well-known supplier of janitorial products (toilet rolls, hand towels, refuse sacks etc are delivered direct by the supplier to client sites).

Due to the demands of the other business interests, our client has re-modelled the business so that it requires little or no day to day management. Our client currently spends no more than 1 hour each day managing this business. An Area Supervisor takes care of all the day to day running and liaises with both clients and cleaners. Staff turnover is negligible and most of the part time cleaners have been employed for more than 5 years (a few have been employed for more than 10 years). There are comprehensive procedures in place relating to health and safety, staff training, risk assessments and method statements. Accounts, payroll and telephone answering are all outsourced to a third party and therefore if managed by a new buyer would easily add an extra £20,000 to current net profit.

We feel there is endless scope to double current turnover by simply adapting some advertising and marketing programmes including updating the website, establishing a Facebook page, email campaigns, leaflet drops etc.

A new buyer devoting more time to the business could successfully promote the excellent name and reputation of this cleaning business.

This business would either suit a buyer with no experience in the cleaning industry or would be attractive to an existing cleaning company looking to expand.

Our client would be happy to offer a handover period to the new owner.

TENURE

This is a business only sale.

HOURS

Monday to Friday, office cleaning only.

STAFF

Fully managed by the current team of Area Supervisor, Site Supervisors and cleaners. All employed on a part time basis to suit their own commitments.
Client spends a maximum of 1 hour per day overseeing the business.

FINANCIAL PROFILE

2017 accounts show a turnover of circa £178,000, with a gross of 87%.

EXTRA NOTES

Handover offered
Fully managed by team who have been with business over 8-10 years
No weekend work which is high in demand
This cleaning company is run from our client's home in Hertfordshire.

The business has long-established cleaning contracts in Hertfordshire and Bedfordshire covering sites in Hemel Hempstead, St Albans, Watford, Leighton Buzzard, Berkhamsted, Stevenage and Welwyn Garden City.

The business is relocatable however would be ideal to keep within the Hertfordshire/Bedfordshire areas to help manage the accounts and team as well as grow the business through new marketing within the territory.

The location is also popular with many blue-chip companies who run call centres and offices from the area.
Currently run from our client's home.

Contact us today for more information

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