The business specialises in offering commercial contract cleaning services, primarily within educational, office, and medical environments. The company operates on a regional B2B basis within the West Midlands. The business is ideally placed to facilitate additional growth due to its plethora of lucrative contracted client relationships.
The business is now being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited.
YE24 turnover expected to exceed £2.4m. Turnover in excess of £2.29m in YE23, with an adjusted EBITDA of circa £260k.
Shareholder funds of approximately £1.2m in YE22. Operating within a stable global market, currently expected to expand at a CAGR of 6.3% through to 2028. Benefits from a second-tier management team with vast industry experience, who are all set to remain post-sale. All business carried out on a contractual basis, ensuring reliable streams of revenue.
Relationships with clients span three decades. Operates from leasehold premises, owned by the shareholders. Currently cleans over 20 schools in the region, with most contracts being re-awarded when the period expires.
