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Commercial Cleaning Management Franchise Resale In Nottingham For Sale

Nottinghamshire, UK
Asking Price:
£165,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£750,000
Net Profit:
£79,000

Minster Cleaning is a management franchise operating within the business to business cleaning sector. With over 40 branches operating throughout the UK, Minster Cleaning's annual turnover is now in excess of £50million. Top branches are achieving sales of more than £2million per year, with many turning over in excess of £1million.

Operating since 1994, this franchise in Nottinghamshire was purchased by the current owner in October 2011, following the retirement of the previous owner. This is now an efficient and profitable business, with around 125 contracts and a turnover of around £750,000. The current franchisee is now looking to retire, providing a fantastic opportunity for a new franchisee to acquire an established business with potential for significant growth in a large territory.

The business employs approximately 83 staff, and provides commercial cleaning services to clients in a range of business sectors. The territory covers the NG postcode, including Nottingham, Beeston, Long Eaton, Hucknall, Sutton in Ashfield, Newark on Trent, Grantham and surrounding areas.

Property Information

Location:

Arnold, Nottingham

Premises Details:

The property has a reception area and two offices, with additional storage space. There are a further 3 rooms that could be used as offices.

Business Operation

Expansion Potential:

All NG postcodes are available within this territory, providing scope for expansion.

Competition / Market:

Competitors vary from large international companies to small self-employed businesses.

Reasons for selling:

Retirement of the current owner.

Trading hours:

Various Mon-Sat

Employees:
83
Years established:
29 yrs,12 under current ownership

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Each franchise term is 5 years, with an automatic right of renewal for an unlimited duration.

Other Information

Support & training:

The network support team based in Birmingham has departments covering all key business functions. Initial training is provided over the course of a week in the Birmingham office. Ongoing support is provided in marketing, operations, administration, bookkeeping, IT and professional advice in the complex fields of employment law, health and safety and environmental legislation. The team members at the Network Support Centre are always available to help with any queries and are in regular contact with franchisees and branch staff.

Financing available:

Finance support is available from leading banks subject to status.

Furniture / Fixtures value:
£5,000 - included in the asking price
Inventory / Stock value:
£1,500 - included in the asking price
Website:
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Relocatable:
This business can be relocated.