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Contract cleaning business for sale in Southampton with local authority and NHS contracts

Southampton, Hampshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    634236

  • Freehold: £175,000
  • Turnover: £260,000 (£5,000 per week)
  • Profit: £100,000 (39% Profit margin)

Key Features

  • Prime Location
  • Town Centre location
  • Unique Business
  • Home Based

Business Details

Profitable Contract Cleaning Business

The business owner is looking to sell the entire business, which includes local authority contracts and NHS Partenership contracts, all of whoch have been wirh the business for 15 years and are provided services within the same locality.  

The clients have been held by the current owner for 15 years and include Medical Sites, a school, a college, and 2 nursery sites .

Staff are available  to TUPE over and are in place operating 85% of the ccontracted hours. 

The prices are net, clients are paying VAT in addition to the quoted ffigures. 

Equipment is included in the sale along with operational and procedural litterature and Compliance systems.

The outgoing owner is willing to give an undertaking that they will not try to regain these contracts, their staffing or any linked businesses to these clients for 5 years. 

The business offers huge potential to grow and is awaiting a new contract to start with one of the clients that will start in December, adding around £800 profit per month to on top of the stated figure and 3 additional staff. 

Medical cleaning is provided along with school cleaning, the sites are keyholdet sites and are in contract. 

Clients pay monthly on the 1st of each month and are reliable payers. 

Schools, colleges and Nurseries are really based on one site and have a supervisor in place. There are 4 years remaining on this contract with the potential to extend by a further 3 years

All contracts will be made available for viewing. Client names will be released once a NDA is signed. 

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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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