FOR SALE
623125
The business for sale is an established cleaning company specializing in window cleaning and domestic cleaning services, primarily based in Central, North, and East London. This opportunity presents significant value, especially for those who prefer minimal initial investment yet desire a venture with consistent monthly earnings and considerable growth potential.
Fully functional and operational, the business has no existing debt or obligatory monthly expenses aside from a nominal cost of maintaining a website, email, and an online landline, which totals approximately £100 per month. Staff wages are the only other expenditure and are applicable only when work is available. The current workforce operates on zero-hour contracts, although there is flexibility to transition to full-time employment if preferred.
The cleaning company benefits from an impressive clientele, including renowned establishments like Youngs, Bone Daddies, and several large nursing homes across London. The business is projected to generate an average monthly revenue of £3,000 throughout the year. With the anticipated influx of new clientele, the turnover has the potential to exceed £100,000 annually, offering a prospective profit of £60,000 after wages are accounted for. The business is priced at £35,000, with a present turnover of £32,000 and a profit margin of £20,000. All necessary supplies are included in the sale price, and complete accounts are available for review.
Having been established for a year, the business has consistently grown, achieving a turnover progression from zero to £30,000. The company’s excellent reputation is reinforced by its CheckATrade membership, set to expire in March, which can be renewed if desired. Although this membership is not the primary source of business leads, it does contribute to the company’s credibility.
The owner is moving towards a new venture in social media, which is the reason for selling. Despite not having a dedicated social media presence, the company maintains a well-functioning website that effectively supports its operations. The current owner is willing to offer training to ensure a smooth transition for the new owner.
Renowned for offering a comprehensive array of cleaning services, the business excels in both high-level window cleaning and intricate indoor and outdoor cleaning tasks, ensuring utmost client satisfaction. Services extend to thorough exterior maintenance for commercial properties and stringent kitchen hygiene services for high-standard food preparation areas. The company's prime location, home-based operations, and established reputation make it an attractive option for prospective buyers.
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
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