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Successful Cleaning Business In South-west London For Sale

Central London, London, UK
Asking Price:
£200K - £500K
Turnover:
£500K - £1M
Net Profit:
£100K - £250K

A well positioned and highly successful small cleaning business with a turnover of approximately £1 million per year, this business is offered for sale by the sole owner.

The business has traded extremely well over the last 11 years and consistently over the last few years, with a strong diversified base of well known clients. Carrying out reactive cleaning, specialist cleaning, void, cleaning, and end of tenancy cleaning for private individuals.

The company is fully staffed with a team, managing its operations and has been extremely hands off for the owner in the last few years.

Has achieved strong penetration in exciting new markets recently, such as damp and mould investigations and treatment. With excellent opportunity to develop new revenue streams across existing clients, and cross-sell services to create a much larger company, would make an excellent bolt on for a larger FM company or investor owner.

Offered debt free, cash free with an asset value of around £50,000.

Please note, the vendor is happy to provide up to 25% of seller financing at a premium to the asking price but no more than this.

Interested parties should contact us to be sent a one pager, alongside an NDA; after which full particulars will be provided.

Property Information

Location:

Self-contained small office and storage building.

Premises Details:

Five year lease with a two-year break, approximately 1600 per month

Business Operation

Expansion Potential:

The business has enormous potential for expansion across new product, production services, and also into new client types. Very little marketing has been done to date. Almost no tendering for work has been done previously, with 1 tender submitted in 2022, which was successful.

Competition / Market:

Business as well positioned with approved contractor status at a number of main clients, providing some barrier to entry

Reasons for selling:

The vendor is retraining and wishes to focus on new business which is currently active.

Employees:
25
Years established:
11

Other Information

Support & training:

Happy to provide a sensible handover to be negotiated

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.