Contract Cleaning Services for sale in Midlands of England

View the "Commercial Window Cleaning Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Leasehold Price: Offers Invited Under Offer Annual Turnover: £807,000 Annual Gross Profit: £400,000 Annual Net Profit: £172,000
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Business Description
Business Summary

- An outstanding opportunity to acquire a well-established, profitable commercial window cleaning business with a robust reputation.

- Based in the Midlands with clients predominantly in this region (46%), London (26%), the South East (16%) and the North-West (12%).

- Established 10 years ago, the company has grown year on year.

- The company offers bespoke window cleaning services using traditional and specialist methods such as mobile-elevated work platforms and specially fitted cradle systems.

- Clients include corporate facilities management companies, property and asset management firms, and organisations from both the public and private sectors.

- 50% of their revenue comes from their top 6 multi-site facilities/property management companies, 30% from direct-to-client contracts, 15% public sector and 5% from partnerships (as sub-contractors).

- In 2013 the company spent time defining and improving their businesses processes. As a result, the main day-to-day running of the business transferred from the directors to the long-serving Office Manager.

- Staff are continually trained and assessed. They work flexible hours and share the company ethos: to provide transparent, consistent quality services and continually exceed client’s expectations.

- The company use innovative, in-house scheduling and reporting software to maximise task management efficiency.

- Their active quality management system includes ISO 9001 and ISO 14001 accreditation.

- They are Safe Contractor Approved and boast efficient Safety Management Systems.

- They are also Contractor Plus Approved (for health and safety standards).

- The sale of this company would be of interest to an existing cleaning or window cleaning company with a large portfolio, and offers the potential for national expansion.

Services

Following the assessment of a customer site, the company provide a bespoke window cleaning service which can include:

- Traditional Window Cleaning
- The use of extendable (to 65ft), water-fed poles
- Mobile Elevated Platforms
- Cradle Systems
- Other non-window cleaning services such as canopy and roof cleans and high-level dusting are also available.

Employees

- The two Directors (one full-time, one part-time) head up a team of 15 employees.
- There are 13 window cleaners, the Office Manager who runs the business day to day, and a part time Telesales Assistant.

Premises

- A 2000 sq.ft. ground-floor office, storage and maintenance space with secure car parking.

- Based in the Midlands, the rent is £8,000 p.a. and there is room to expand within the same premises.

Reason for sale

- The two vendors wish to exit the business, following a handover, for personal reasons, including family commitments.

Financial overview

Year ending 31st March 2016 (Forecast):-

Sales revenue £806,968
Gross profit £399,358 (49%)
Adjusted EBITDA £171,508 (21%)

UNDER OFFER
Tenure: Leasehold

Is this business relocatable: Yes

Downloadable Documents

Listed by: Hornblower Business Brokers Ltd
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