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Growing Bath-Based Cleaning Business for Sale - High Turnover & Reputation

Bath, Somerset

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/07/22

  • Advert ID

    299151

  • Asking Price: £15,839
  • Turnover: £11,097 (£213 Per week)
  • Net Profit: £10,559 (96% Profit margin)

Key Features

  • Owner Financed
  • Attractive Business
  • High Turnover
  • Retirement Sale
  • Prime Location
  • Central Position in Affluent Village
  • Accounts Available
  • Small Business
  • Established Business

Business Details

Successful Bath based Cleaning Company for Sale

Nancy M Pierce Cleaning Services

Well-known, HMRC-registered sole trader, a cleaning company that has been growing since its creation (Turnover):

Year ended five April 2019 £10,029

Year ended five April 2020 £11,502

Year ended five April 2021 £11,097

Additionally, since I wish to retire, I have been working to increase the customer base, which led to the nine months to 31 Dec 2021 recording a turnover of £13,288 (annual rate of £17,717).

This highlights the potential for scalable growth in the business for those willing to commit more hours. due to other time commitments, I have had to turn down a number of enquiries for more work which speaks to the reputation of the business in the area.

Notably, the costs of the business are very much down to how you organise it yourself. All that is needed is a car, mobile and a limited amount of protective equipment, beyond that there are no significant fixed costs. For example, in the 12 months to five April,2021 total costs were £3,761 (including fuel, telephone, protective equipment and accountancy fees). You would be buying a large and loyal customer base and a growing business with proven scalability.

If you would like any more details about the business such as balance sheet, tax or costs please enquire on here or call (available on request).

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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