* Included in Asking Price
Professional/Accredited Commercial Contract Cleaning Company
Location South Yorkshire
Asking price: O.I.R.O. £250,000
Asking price includes:
Turnover for current financial year circa £700,000 per annum
Turnover for last financial year circa £572,000 per annum
Gross Profits for last financial year circa £223,000 per annum
Fleet of Sign-written vehicles
Impressive levels of plant and equipment (circa £60,000)
“Own brand” consumable stock
Growing year on year
Impressive staff team
Excellent back office systems
Superb large commercial customer base
Ongoing future revenues with contracted customers
Multiple revenue streams
Handover and training
This very successful commercial contract cleaning company has enjoyed impressive growth over the last couple of years. This trend is expected to continue as the company’s reputation goes from strength to strength. The growth has been organic and driven by the company’s belief that customer service is key, which has enabled the company to rapidly develop its customer base, to include some of the largest organisations in the surrounding areas and beyond that provide growing volumes of business, with excellent profit margins being achieved.
The business specialises in providing all cleaning (including commercial window cleaning) and hygiene requirements for supermarkets, offices, hotels, factories, retail units and company premises within a 50 mile radius of its base, but has be known to go further a-field, if so required, such is its reputation. The company boasts a large number of customers, many of whom are blue chip and already has contracts in place.
Attention to detail and a full understanding of clients' requirements have proved the foundation of the considerable success achieved by this business. The ethos of the business is to provide a friendly professional and efficient service to the client. The quality of work is very high and the staff are reliable and flexible in their approach. The vendor has some 30 years experience in the industry and this is evident in the infrastructure the business has put in place.
The company is very proud of the excellent working relationships that have been developed with clients. Many clients are long standing and provide regular repeat business opportunities. Approximately 60% of customers have been with the business since its formation.
The company operates a 24-hour call out service to its clients, as required.
|Facilities:||The business operates from ideal leasehold premises on an industrial estate with excellent storage and good access. The premises are leasehold. Current lease is a 3 year one. Current rent is circa £168/week. Rates are circa £2,000 p.a. Premises comprise offices, stores and own yard. Total area is circa 2,500 square feet. There is parking in the yard and plenty of parking on the surrounding roads.|
|Competition:||The business has never felt the need to advertise previously. There are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and is expected to continue. The sign-written vans keep a high company profile.
The business has recently developed a well designed informative website and it does carry some internet based marketing in the way of pay per click/Google adwords.|
|Growth Potential:||The business currently operates within the South Yorkshire region. There are many opportunities that exist within this region should the business wish to proactively target growth. To date the company has never felt the need to actively market the company with external sales personnel as most of its work comes via referrals, repeat business and word of mouth recommendations.
With a more proactive sales and marketing function a new owner could significantly increase revenues and turnover within the business, both with existing and new clients. The commercial window cleaning could certainly be increased as this currently accounts for just 10% of turnover. More janitorial and consumable sales could also grow the business as the company does not really promote this part of the business.|
|Training/Support:||The vendor is happy to provide a comprehensive handover to ensure a smooth seamless takeover and is prepared to stay on for further period as a consultant if so required by a new owner.|
|Sale Reason:||The vendor is approaching retirement age and is planning his exit strategy. He also wishes to spend|
Seller Reference #GC097
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