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Profitable Commercial Contract Cleaning Business In Nottingham For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£165,000
Turnover:
£650,000
Net Profit:
£50K - £100K

This management business has been operating since 1994. The current owner purchased it in 2011 and has grown the turnover since then. Located in the East Midlands, the territory covers all NG postcodes.

The Nottingham business is part of an award-winning Franchise. The franchisor offers excellent training and support across all areas. This means that a prospective owner will benefit from help, even as they explore the opportunity. Starting at the moment they are introduced to the Network Support Centre team, they will be aided through the purchase process and then as a developing franchisee. Alongside this is a strong group of Minster business owners (Franchise Partners) from across the UK who can be called on for advice, either on a personal basis or at regular meetings.

The business benefits from a large territory with scope for expansion. The offices are located within the territory, with a small but established management team of four who run day-to-day activities. With almost 100 members of staff employed to fulfil contracts, the business turns over around £650,000 with a net profit in the region of 10%.

The current owner is now ready to retire and to pass the baton over to new ownership. The purchaser will start with approximately 150 clients but there is significant potential for development. Using tried and tested methods, someone with good sales skills or senior management experience would be expected to drive the business forward from its current position.

Franchise Partners have been with the franchise network for an average of 17 years, showing that the franchisor’s tried and tested business model works and is providing them with secure and profitable futures. Even during the economic uncertainty of recent years, many Franchise Partners have grown considerably, with top branches turning over more than £2million each year. This Commercial Contract Cleaning Franchise has a network of more than 40 branches across the UK

If you have a successful initial meeting, the Franchisor will offer you the opportunity to contact any of its Franchise Owners for their view. This is exceptional within the Franchise world and demonstrates the confidence of the network. By thoroughly checking the business out in this way, you can find the reassurance that this is the right opportunity for you, warts and all.

Property Information

Property:

Leasehold

Location:

Located in a city centre.

Premises Details:

The property benefits from a reception area and two offices with additional storage space. There are a further four rooms that could be used for additional offices.

Business Operation

Expansion Potential:

The territory has not been fully exploited and there is significant room for expansion.

Reasons for selling:

Owner wishes to retire

Years established:
1994

Other Information

Support & training:

A comprehensive training and support package is offered to new Franchise Owners with strong ongoing support delivered by personal visits, central training, meetings and conferences. Key business areas included are: marketing, IT, financial analysis, employment law and other legislative matters.

Financing available:

Banks with Franchise units have supported sales of other Franchises within this network. Resale Solutions maintains contact with senior staff in these units and can offer introductions.