Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
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Business For Sale. Substantial Lifestyle Domestic & Commercial Cleaning Business

LISTING DETAILS
Firms For Sale ID:
34733
Vendor reference:
SMSB/CLEANLEICS
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
£145,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
£150,000
Net profit / cashflow:
£35,000

OTHER DETAILS
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Started by the current owner over 10 years ago, the business provides professional cleaning services to domestic and commercial clients in North Leicestershire. The business is currently run from a home office and is easily relocatable locally.

Around 75% of revenue is generated by domestic clients and the remainder, light commercial office cleaning. There is a base of over 400 clients with 110 clients currently using the services each month. Customer retention is excellent, generating an ongoing recurring revenue stream and through recommendations generating new customers, avoiding significant marketing spend.

The clients are serviced by 16 part time mobile cleaners, on zero hours contracts and who use their own cars to get to and from assignments. Cleaning products and equipment are provided by the company and replenished weekly. The majority of clients pay by BACS.

The business has a small website but the current size of the business suits the lifestyle of the vendor and hence little is spent in attracting traffic to the site.

The current owner works around 12 hours per week in the business, planning the shifts and dealing with ad hoc changes and handling new customer enquiries. In addition the vendor’s partner works around 4 hours per week handling payroll and book keeping.

There are opportunities to grow the business either through an advertising campaign to generate new enquiries or by offering complementary services to the existing customer base, such as ironing, carpet cleaning, oven cleaning etc.

In the year to April 2017 the business generated sales in excess of £150k, and owner earnings approaching £35k. The guide price for assets and goodwill is £145k to include all client and employee records, website, domain name, telephone numbers and cleaning equipment and materials. The owner will facilitate a smooth handover.

The business is being marketed by www.SellMySmallBusiness.co.uk and enquiries should be directed to them. Please do not try to contact the vendor directly.