Overview
Description
The company offers a comprehensive range of services, including contract cleaning, construction cleaning, security, grounds maintenance, industrial cleaning and window cleaning. The business also offers a range of own-brand janitorial supplies, which includes cleaning products, paper consumables and equipment.
The business benefits from a diverse, largely recession proof client list that includes long term agreements with Local Authority, NHS, and private corporate clients with no reliance on income from the domestic cleaning sector.
For the right purchaser there is unlimited room for expansion with various income streams yet to be truly exploited.
The business has been expanded and developed with a view to achieving an attractive proposition for any potential purchaser.
Having built up the business, our clients are now offering the company for sale to facilitate early retirement plans. Offers invited.
Key Highlights
– Works with a multitude of clients across an array of sectors, such as food production, construction, and industrial manufacturing.
– Currently serves 45 active clients, 75% of whom provide the business with ongoing streams of reliable revenue.
– Works closely with biologists and industrial chemists to ensure it is up-to-date on the latest hygiene developments.
– Strong and efficient second-tier management team in place, supported by numerous experienced cleaners.
– Operates from leasehold office, warehouse, and residential premises.
– A key area of expansion for the business would be to open additional cleaning agencies across the UK, with the potential to develop the company into a franchise.
Financial Highlights
– Turnover of circa £1.1m for YE22.
– Adjusted EBITDA of £152k achieved within the same year.
– Projected turnover of £1.4m with an adjusted EBITDA of £352k.
– Gross profit margin of 93%.
– 60% of turnover is derived from contracted and dependable income streams.
– The majority of clients are contracted on three-year agreements, whilst construction cleaning is agreed via purchase orders.
Is this business relocatable:
Is stock included:
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