ESTABLISHED CLEANING BUSINESS - COTSWOLDS
Situated in the busy town of Cirencester
Advised annual turnover of £80,402
Ideal partnership opportunity
Genuine reason for sale
BUSINESS AND STORAGE ONLY
Meridian Business are delighted to offer to the market this sought after cleaning business which was established by our client in 2008, and is now being reluctantly offered, due to our clients desire to concentrate on other business interests.
Since the business was established, our client has spent time and money developing the business enjoying a strong reputation within the local town and surrounding areas within 15 miles, and as such has a high level of regular and repeat trade from local residents and commercial enterprises, together with word of mouth recommendations. The business enjoys continued demand for their regular, repeat and one off cleaning services.
Our client informs us that the annual turnover ran at £88, 836 up to April 2016 with a gross profit of £86,137 and a net profit of £38,794 which is derived from a variety of domestic cleaning services for both domestic and commercial cleaning customers, and garden maintenance services, approximately equating to 20% of the total sales up to April 2016. Cleaning sales have steadily increased up to date.The owner increased the total sales by £30,000 in one year from May 2015 to April 2016. Accounts will be presented up to April 2017.
There is great scope to to expand the area in which to work and offer other cleaning services such as window cleaning to offer clients a complete package.
Currently the business is owner operated with three self-employed staff, and is being run at a pace that suits our client's lifestyle, meaning there is massive scope for a new hands on owner operator to further develop the business,and it is ready to take to the next level - there is a great capacity for growth due to strong demand of their cleaning services.
Our client is happy to provide training during the transition period. This is a superb development opportunity and would be an ideal purchase for a first time buyer or partnership, or existing cleaning businesses that want to expand their area. This is an outstanding opportunity to purchase an established business, with monopoly trade, high profit margin, which is a great base to build upon, and as such we strongly advise early viewing.
This well established cleaning business is currently being run by our client from home in Cirencester. The sale is Business only.