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CONFIDENTIAL
FOR SALE
621872
156643 / Rightbiz
Operating across London, the company is a commercial cleaning company that primarily caters to hospitality venues, covering both front- and back-of-house areas of the clients’ premises, including commercial kitchens. Additional revenue is generated from office and multi-occupancy residential properties, with the latter covering commercial areas for landlords.
Services are designed to provide a one-stop solution, covering daily cleaning services, carpet / upholstery cleaning, and window cleaning.
Throughout its time in operation, the company has developed long-standing relationships with some of the most prestigious venues in the hospitality industry, placing it in a strong position for continued future growth through word-of-mouth referrals and the continued expansion of its clients, with new work often arising without the need for tendering.
The company is being offered for sale to facilitate the shareholders’ retirement.
Offers invited.
Key Highlights
Services are flexible to the needs of individual businesses, including attendance at any hour of the day.
Works with 57 clients in total, operating across 118 individual locations, many of which require daily cleaning.
Excellent reputation that enables it to attract new work without any requirement for tendering.
Growth is expected from within the company’s existing client base, with many clients seeking out its services as they open new sites.
Current success has been achieved with little marketing activity, suggesting considerable scope for growth if this was explored.
Experienced management team in place to lead business post-sale.
Operates from serviced office premises in Central London.
Financials Highlights
- Achieved a turnover of £4.1m for YE24, with an adjusted EBITDA in excess of £1m.
- Turnover expected to increase to £5.2m in YE25, with an adjusted EBITDA of £890k.
Commercial clients account for 98% of the company’s overall revenue, with most work generated through rolling contracts.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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