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Asking Price
£95k
Description
Expanding Lincolnshire Cleaning Company for sale. This successful commercial and domestic cleaning business has built up rapidly over the past two years mainly through increased demand from industrial expansion and the boom in new houses being built in and around Grantham Lincolnshire and into Leicestershire. Staff employed – 7 including operatives and supervisors • Non geographic (0845) phone number which makes any change of ownership effortless to transfer • The cleaning business is a division of the building company and as such we are retaining the Ltd Co and Vehicles • Cleaners use their own vehicles to get to the various places of work • The fee bank is for sale plus all cleaning appliances, builders clean equipment and a stockroom full of product & materials • Branded Uniforms and marketing material i.e. brochures etc are also included • A well SEO positioned website and listing in yellow pages and Yell.com • All customers are billed via email and pay monthly. All customers without exception pay on time and we do not have any bad debt • Cash flow is good and steady each month • Costing infra structure in place including computer generated forms, contracts, quoting system etc included in sale • Up-to-date Health & Safety Policy with documentation and templates, COSHH sheets, risk assessment data sheets and all the documentation required to work as cleaners to the building industry. All files included • Customers contact details database included • An assurance not to resume a cleaning business in the future and a guarantee to hand over all existing clients intact at the point of sale • Current sales from 2nd Jan 2008 until 30th April (4 months) = £31,248 • Gross Profit (i.e. Sales less: Wages, Hire of Equipment, and Materials) from 2ndJan 2008 until 30th April = £10,000 • The average working cash-flow (income less expenditure) varies each month but remains steady at approx £2,500 • Annual Turnover approx £90k - 95k – Annual Gross profit approx £30k – 35k. This includes a directors salary of £10,000 with dividends taken thereafter. NOTE: The asking price is £90k and represents 40% ROI The cleaning business is capable of doubling its revenue. The above asking price is a guideline only and any reasonable offer will be considered. If you are interested in acquiring a good foothold in Lincolnshire or would like to find out more then please email me. Our accountant is also available to confirm figures.
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