For Sale

Commercial Cleaning Company

Buckinghamshire

£795,000 +SAV

Ref: B04723

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe welcomes to the market one of the country’s most successful privately-owned commercial cleaning companies established by our clients over 15 years ago.

The unrivalled business model is now offered for sale due to our clients wish to concentrate on other business interests.

The business currently manages around 15 customers all within the new housing market with multiple contracts in place with renowned national home builders.

Many of our client’s customers have been in place for over 12 years which in this competitive industry is virtually unheard of.

The business model focuses on complete house cleaning from initial post-build clean through to final occupation clean. Show home maintenance and on-site office and welfare unit cleaning is also completed.

All business is taken from referrals and there is currently no advertising or marketing or company website in place.

On average 6500-8000 cleans are completed per year on a total of 1,600-1,800 houses.

Our client concentrates on detail cleaning of the new homes however they use sub-contractors to complete the final outside window cleaning and all carpet cleaning which could easily be included by any new owner of the business.

The reputation and standard of work carried out allows complete loyalty by its customers with current contracts in place worth over £750,000 with the recent addition of 2 x new contracts estimated at a further £140,000.

Our client identifies they now run the business to suit and outlines several ways the business could be further expanded -

1. Introduce Private customers within the area covered
2. Expand the current area - currently they turn down work in other areas which could easily increase turnover by 25%
3. Private End of Tenancy cleaning
4. Factory clean down contracts
5. Office cleaning contracts
6. Window, carpet, oven cleaning services

Due to the high profit and low running costs of this business, early viewing is strongly recommended.

Tenure

Business Only

Business Only

Hours

Monday to Friday

Staff

The business is managed and run by our clients with the help of 23 full and part-time cleaning staff, many of which have been with the company for many years.

Financial Profile

As of the 2018 accounts the business achieved an outstanding turnover of £638,501 which was 24% up on the previous year, adjusted net profit averaged at £270,000 for the year.

New contracts and natural growth is targeted to see a similar increase in the following year.

Location

Excellent Cleaning Company located in Buckinghamshire.

The business is currently run from our client’s home but could quite easily be relocated to any part of Buckinghamshire or surrounding counties.

The business services an area of approx. 30-40-mile radius.

Predominantly affluent new build projects with new housing developments of around 30-250 homes.

Buckinghamshire is a highly desirable area in the South east of England which borders Greater London.

Premises

No fixed premises however storage is required for the range of cleaning equipment to be included. This is currently stored in a standard-size single residential garage.

There are 7 Vans included.

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