Intelligent Business are delighted to have been appointed sole agents for the sale of this rapidly growing cleaning company that offers a large client base with exiting potential.
The cleaning company was set up in the midlands in 2012 and has been dynamically grown by the current and founding owners to the robust state that it is at today. The business has been scaled to a competitive size in just over two years and has benefited from a wealth of investment from the successful owners.
The business specialises in a full range of both commercial and domestic cleaning. The dominant part of the business is the contract commercial cleaning in the likes of Pubs and Offices. They hold 2 national contracts with Pub Companys which both have organic growth with a potential increase of 10-15 accounts this year. To compliment this, there are also contracts in place with Hotels and other retail units to cumulate the 24 regular contracts with 3 pending that the business has. As well as this there are 27 staff who regularly clean both smaller contracts as well as sporadic cleaning and maintenance.
Further to the organised and regimented cleaning agreement with businesses, the company successfully carries out deep cleans, wood flooring restoration and carpet cleaning. These services are competitively priced but still provide profits for the business.
The business's turnover had visibly grown year on year and there is now a stable amount of profitability across all operations of the business. Current turnover is forecasted to be circa £260,000. The business is managed by a competent partnership who have energetically driven the business forward during less favourable economic climes.
The business is extremely well received in all areas and aspects with an excellent range of reviews that are apparent online. A recent review for the company's carpet cleaning is a credit to how the owners run the business and deal with customers: "I would defiantly recommend this service, I have cream carpets in my lounge and dining area that were starting to looks very brown. Then are now back to a clean cream and look brand new!"
The business would make an ideal acquisition for any existing firm looking for a bolt-on buy that would instantly add value to the business and strengthen their market share. Alternatively the business is in a position to be grown furthermore organically and would be ideal for owner operation along side a competent existing team of staff.
The business is inclusive of a fully functioning website with links in place with Groupon and other platforms that allow the business to reach its optimum in search engine. In regards to Groupon, they hold a regional rolling contract for carpet cleaning which has been ongoing for the past 18 months.
The current owners are still extremely active in the development and growth of the company and are wishing to sell in order to focus on other business ambitions.
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