Industry Overview
The most recent UK cleaning industry statistics show continuous year-on-year growth since 2010. Then, just under 46,000 companies were in operation. In 2023, the total number of cleaning businesses in the UK is around 69,005.
As a result, industry turnover has increased by 22% since 2015, in line with all economic growth.
Location
The business is based in the Southwest.
Business Description
Commercial cleaning business that provides the following services -Office cleaning, Builder cleaning, Commercial deep clean. The business has a good mix of day contracts and evening work. They have high profile blue chip clients. There are 60 staff with supervisors and a Contract Manager in place. The business has grown through word of mouth referrals. There is the infrastructure in place for future growth.
Financial Summary
The business has an annual turnover of £1.6M with £650k operating profit.
Investment Rationale
The business has a strong reputation in the Southwest and would be an excellent bolt on acquisition for a national commercial cleaning company or an facilities management company.
Customer Overview
High profile blue chip clients - more information available once an NDA has been signed.
Transaction Information
The sale price is £1.5M excluding assets
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.
