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Highly Profitable Road Sweeping Business – Established Contracts & £100K Assets For Sale

Rotherham, South Yorkshire, UK
Asking Price:
£279,995
Turnover:
Undisclosed
Net Profit:
Undisclosed

CoGoGo welcomes a fantastic opportunity to acquire an established and experienced road sweeping and cleaning business operating from South Yorkshire.

The business benefits from ongoing contracts, an established customer base and a comprehensive range of specialist road sweeping and cleaning services. It is offered for sale due to the owner’s retirement after 17 years of ownership and an impressive 44 years of experience within the industry.

The sale includes two specialist road sweeping vehicles and one pick-up together with associated stock and equipment, with the assets having an approximate value of £115,000.

This opportunity is an experienced road sweeping company providing a broad range of specialist cleaning services.

Services currently offered include:
Building site sweeps
High-pressure jetting
Road sweeping
Road cleaning
Street cleaning
Car park cleaning
Gully cleaning
Sewerage drain cleaning

The business benefits from ongoing contracts, providing an incoming purchaser with an established platform from which to continue trading and develop the operation further.

The owner has operated the business for approximately 17 years and has accumulated around 44 years of experience within the industry.

There is clear scope for a new owner to build upon the established operation by increasing working hours, pursuing additional contracts and expanding into new geographical areas across the UK.

The business is offered for sale solely due to the owner’s retirement.

Financial Profile

We are advised that the business achieves an annual turnover of £222,010.

We are advised that the net profit is £98,046.

We are advised that the specialist vehicles, stock and equipment included within the sale have an approximate combined value of £115,000.

The combination of established ongoing contracts, strong profitability and valuable specialist equipment makes this an attractive opportunity for an existing operator seeking expansion or an individual looking to acquire an established business within the road sweeping and cleaning sector.

Property Information

Property:

Leasehold

Location:

The business is currently based in South Yorkshire and provides its specialist services to customers from this location.

Importantly, the nature of the operation means that the business is not necessarily tied to its current base. There is excellent potential for a new owner to relocate the business and expand its geographical coverage throughout the UK.

Premises Details:

The business is operational in nature and includes a valuable selection of specialist vehicles and equipment.

The sale includes two road-sweeping vehicles and one pick-up:
Johnston VT652
Bucher BT652
Ford Ranger Pick-Up

Also included is the basic road-sweeping stock and equipment required for the ongoing operation of the business.

The total equipment and asset value is approximately £115,000.

Business Operation

Trading hours:

The business is currently operated approximately 5½ days per week, with the working pattern arranged to suit the current owner.

This provides potential scope for an incoming purchaser to increase operating hours and capacity should they wish to grow the business further.

Employees:
The business currently operates with one member of staff.