A well established, reputable Cleaning, Janitorial and Hygiene Supplies business. An ideal Bolt On to an existing business covering Northants, Beds, Cambs and Bucks.
This well run, well established business is now available due to the owner having another business interest that he wants to pursue.
This business is an outstanding opportunity to acquire a well known and highly respected Industrial Cleaning and Janitorial Supplies business that has huge potential for growth. It also sub-contracts contract cleaning and has a number of sub-contracted hygiene and sanitary bin contracts in place.
The business would be an ideal acquisition for an owner operator or as a bolt on to an existing opportunity. There are no long term lease commitments so the business is easily relocatable. The business is currently operated by the owner, his wife and one agency driver so there are no TUPE issues.
Leasehold business with a rent of £12,600 per Annum and zero business rates. The premises is around 3,000sq ft. The business stocks around 400 different product lines.
Annual Turnover: £286,000
Gross Profit: £106,000
Net Profit: £ 27,448.
70% of customers are schools and colleges, meaning excellent cash flow and an exceptionally low number of bad debtors.
Centred around a diverse range of specialised professional and industrial cleaning products, the company provides a comprehensive service including formulation and product development, manufacturing, branding, packaging and re-sale/distribution.
Serving an enviable client base across a range of industrial and professional sectors including education, healthcare, local authority, wholesale, catering, industrial cleaning, leisure and agricultural, the company has an extensive database of existing and previous customers.
Benefits from many long-standing client relationships of approximately 20 years, gaining impressive repeat, regular and reliable business.
The business is located in Cambridgeshire.