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Renowned Professional Contract Cleaning & Maintenance Company

Businesses for Sale

Sale Memorandum

Renowned Professional Contract Cleaning & Maintenance Company


Ref.GC029

Location London, West London

Asking Price £160,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
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Asking Price Includes
Asking price includes:

Cleaning services that have been successfully provided throughout the years

Well Established Business with High Performance Levels

Turnover circa £280,000 per annum

Long-term Agreements

Excellent premises

Blue Chip Clients

Superb Facilities

Business profile:

This is a well-established dynamic company that offers a comprehensive yet flexible range of quality cleaning and hygiene services for commercial and industrial buildings including grounds maintenance and landscaping.
The business operates from a prime location in West London and has established itself as one of the region’s leading commercial cleaning and maintenance companies. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive pricing, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, ensuring that valued customers receive the very best service and quality of product.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 21 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the requirement, service and availability is never compromised and that customers are, as a result never let down. This commitment to trade relationships has underpinned this business’s abilities in service quality and sustained business growth.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed, alongside investment in client service, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
The business use the best equipment available and thoroughly train the operatives, using the best known techniques and methods of cleaning in the industry together with keeping a close eye on the competition and the constantly developing new technologies.

This business provides services to clients from the smallest business through to larger organisations and includes regional sales to clients that comprise premier league football clubs, housing associations and a portfolio of smaller companies.
An illustration of the service provided is in the nature of the duration of cleaning contracts with many of its customers.

The large client portfolio provides regular contract work. This business is a one stop call for complete company cleaning and maintenance needs, offering customers discounts on essential supplies. This along with the exceptional services provided continually generates new referrals and business contracts.
Health and Safety:

The company always promise a Healthy, Hazard Free working environment for staff and customers alike and work closely with Health and Safety Managers responsible for continually monitoring the conditions of client workplaces.

Customer Service:

The company offer a personal service guarantee with office cleaning tailored according to each client's requirements.

Growth and Expansion:

There are excellent opportunities to increase the levels of business. Since inception this Business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. With more of the same it is considered that a new owner with fresh impetus and enthusiasm can capitalise on the incremental opportunities available.

Quality Assurance:

The company have full EXOR accreditation for all the service activities and their policy is complete commitment to the client.

Key Strengths:

This business is a highly professional and innovative company. The range of existing contracts covers most of the activities associated with the cleaning industry from industrial and commercial customers to Government Departments, local authorities and housing associations.

The business has forged a reputation for providing a high standard and wide range of services to customers, much of new business in any given year come solely from the recommendation of clients.
Success is due to the quality and professionalism of the services offered. This business has achieved a recognised highly regarded name through keen pricing in a competitive market environment.
Premises:

The company operate from very smart ground floor premises in a central High Street location. The refurbished Georgian property has four offices and occupies approximately 500 sq ft. The building is secure with CCTV cameras and has two parking spaces available.
The property is leasehold with one year left on a renewable lease at rent of £7,500 per annum.
Advertising and Marketing:

The Company does not advertise and has never engaged in any other formal methods of marketing and is recognised for its expertise within its relevant fields of operation, and therefore most of its work comes via word of mouth. The Company delivers what it promises.
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.

The business is financially stable with no borrowings and enjoys a Strong Order Book with high good profit and has shown consistent strong growth since trading began. The current turnover is circa £280,000 per annum with more typical previous years’ trading being significantly higher.
Personnel and Management:

The company employs 10 full time personnel including grounds maintenance and admin staff also up to 28 part time cleaning staff.

The vendor is responsible for day to day managerial responsibilities and customer liaison.
Support and Training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reason for Sale:

As the changes in turnover suggest, the vendor has decided to sell this outstanding business for personal reasons and has decided that now may be the perfect time to allow a new owner to have the advantage of developing a strong database of contacts and existing clients.
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 & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

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