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Premium Housekeeping Business In Bromley And Lee For Sale

Bromley and Lee, Kent, UK
Asking Price:
£40,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
£50K - £100K

This franchise resale is as an exciting opportunity to acquire an established business with existing clients and revenue, supported by a reputable national brand.

The business has grown a loyal and profitable customer base over the past 7 years. The Bromley and Lee area boasts an affluent population that values convenience and well-maintained homes. With consistent residential growth, busy professionals, and a diverse range of housing types, there's a growing demand for domestic cleaning services. The area's time-poor demographics, close-knit community, and new housing developments further contribute to this demand. Additionally, the presence of AirBnB properties, commercial spaces, and high-value homes offers additional avenues for further expansion.

Bright & Beautiful's Bromley territory was launched in 2017 and has seen steady growth over the past seven years under the current owners. With a large number of regular clients and additional one off and spring cleans the business has generated a gross annual revenue of £192,000 as of February 2024. There's significant potential for revenue growth through green cleaning options, targeted marketing, recruitment, and partnerships with estate agents and property management companies.

The decision to invest in Bright & Beautiful was driven by the brand's established reputation, proven business model, comprehensive training and support, and marketing assistance. Leveraging the brand's credibility and support, the current owners, with backgrounds in education and retail, have successfully established and grown the business. Joining this franchise offers a great opportunity for anyone looking to capitalize on Bromley's thriving domestic cleaning market.

Property Information

Location:

Lee
Business territory covers: Bromley, Chislehurst, Bickley, Shortlands, Beckenham, Downham Hayes, Lee, Mottingham, Grove Park, Blackheath, Kidbrooke

Premises Details:

The business operates from an independent lock up unit, with all the necessary amenities. This unit is located in Lee, with off street parking and very convenient for our designated area, The rent is £700 per month and due to the size of the unit there are no business rates. This unit is available for the new franchisee with a new lease agreement.

Business Operation

Expansion Potential:

Enormous growth potential – the territory covers a wide area of affluent homes and businesses with further potential in laundry and ironing services, commercial cleans, end of tenancy and Air BnB’s. In considering the purchase of this franchise resale you can consider the benefit of buying a business with an established team and existing clients and existing revenue upon which to build supported by the backing of a national brand.

Reasons for selling:

Retirement

Trading hours:

08.30 - 1500 Monday to Friday - There is scope to run early morning/ later finish/evening & weekend teams within the commercial cleaning market should the incoming franchisee wish to expand into these areas.

Employees:
Employees: Total number of team members: 14 Of which: Total number of team leaders: 4 Total number of housekeepers: 9 Other employees: QTS: 1
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

In addition to the final agreed price for the business (which is NOT subject to VAT) the purchaser should allow funds to cover the following fees payable to the franchisor.

• Franchise joining fee, inclusive of training & launch costs [£8,997.50 + VAT]
• Buyer needs to appoint independent lawyer and is responsible for all legal costs and fees in this regard.
• Ongoing Management Service Fee = 8% of revenue.
• Ongoing Marketing Levi = 2% of revenue.

Other Information

Support & training:

Full Support and Training will be provided by the franchisor.

Website:
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