Businesses for Sale

Sale Memorandum

Contract Cleaning Franchise

Ref.GC073

Location Essex

Asking Price £ 99,500

Confidentially offered for sale

Next Step, please view
Terms & Conditions and submit Confidentiality Form/NDA online

Relocatable

Asking Price Includes:

Turnover is in excess of £200,000 per annum
Net pre tax profits circa £50,000
Franchised to Nationwide market leader
Marketing support provided by parent company
Well established customer relationships
Wide variety of clients
Experienced and trained team
Database of prospective clients

Business profile:

This is a well established office and commercial contract cleaning company that would provide an excellent lifestyle/business opportunity for many types of people.

Having worked hard to build up a successful business, the owner has recently been able to operate the business on a part time basis and feels that somebody with a family would be able to run the business alongside their other commitments.

The business has contracts with a number of very successful clients. These include NHS, car showrooms, public houses and a number of local offices.

The business provides an excellent service and has been doing so for some time. The owner has prioritized the training of his staff and has never lost a contract on performance. The reputation of the business is therefore very positive in the area.

Due to the nature of the client’s needs, the business has consistent levels of trade and in many cases the business provides a service to its customers on a daily basis.

This successful business takes great pride in offering a high standard of work, using quality equipment which is operated by staff that have been trained to give close attention to detail.

The company takes great pride in delivering a value for money service. This policy has ensured that many desirable contracts have been won.

Customer Service:

The business delivers the highest possible standards of service and claims that it has never lost a contract as a result of poor service, but it has won plenty as a result of the excellent local reputation it has earned.

Key Strengths:

The business has some very loyal clients that keep on renewing their contracts as a result of the excellent service that the business provides.

The owner has successfully won contracts with a number of major national businesses, this provides both good levels of profit and makes it easier to win new business.

The owner has created a business that can react quickly to its clients needs and operates a very flexible service that is popular with its customers.

The owner is a very enthusiastic individual and he ensures that his staff reflects his personality which in turn helps to win and retain business.

Key Opportunities:

This business has been very successful on the back of its owner’s enthusiasm and with the support of one of the leading cleaning franchises in the country. He has now made a decision to return to his native country, while his franchise is in continuous expansion. A total of 36 potential clients are expecting to have their cleaning requirements reviewed and there is a strong possibility for some of these new contracts to come on board in the next few months.

A new owner would have immediate opportunities to grow the business with all the support of and enthusiastic sales team at the Franchisors head quarters.

Additionally a manager or supervisor reporting into a new owner would help to expand the business even further.

Premises:

The current owner operates the business from his own home. This means the business will be relocated on completion.

Advertising and Marketing:

The company has never needed to advertise. It does have a listing on yell.com and the parent company provides marketing materials. Most business has been generated through referrals or through the owner undertaking periodic sales campaigns.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover is in excess of £200,000.Net pretax profits are very healthy and are currently circa £50,000.

Employees:

The business currently employs 28 staff members on a contract basis. The team has been very well trained and is highly reliable.

Support and Training:

The current owner will provide all necessary training and all relevant contacts will be supplied to allow continuity of trading.

Reason For Sale:

The owner has made the decision to move home to his native country. He is leaving this business in very good shape and will be pursuing a similar opportunity when he leaves the country.

Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
The Manor Sweetcroft Lane Hillingdon Middlesex
Telephone 01895 25 6000 Facsimile 01895 20 6666
info@turnerbutler.co.uk
www.turnerbutler.co.uk

Businesses for sale