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Specialist Industrial Cleaning Company- Excellent Profit Margins

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Sale Memorandum

Specialist Industrial Cleaning Company- Excellent Profit Margins


Ref.GC036

Location North Lancashire

Asking Price £ 480,000

Confidential offered for sale

Asking price Offers in region of £480,000

Asking price includes:

Annual turnover in excess of £460,000 p.a. Gross profit £375,000
Huge opportunities and expansion capabilities
Highly profitable and expanding company
Large established blue chip client base
Wide range of services offered
Excellent opportunity to grow
Excellent profit margins
All fixtures and fittings
Plant & Machinery
Training and handover
Excellent reputation
Very low overheads
Fully Re-locatable
Sign-written van
Advertising
Goodwill
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

This very successful specialist cleaning company has enjoyed massive growth over the last couple of years and this trend is expected to continue as the company’s reputation goes from strength to strength. This growth has been organic and driven by the company’s belief that customer service is key .This approach has enabled the company to develop its customer base rapidly to include some of the largest organisations in the surrounding areas and beyond that provide large volumes of business with excellent profit margins being achieved.

The business specialises in providing all cleaning and hygiene requirements for offices and company premises within a 50 mile radius of its base but has be known to go further a field if so required, such is its reputation.

Attention to detail and a full understanding of clients' requirements have proved the foundation of the considerable success achieved by this business. The ethos of the business is to provide a friendly professional and efficient service to the client. The quality of work is very high and the staff are reliable and flexible in their approach.

The company is very proud of the excellent working relationships that have been developed with clients. Many clients are long standing and provide regular repeat business opportunities. Such clients include Local Authorities, Councils, Blue Chip Companies, SME's & local businesses.

This is a young dynamic company that has quickly grasped the knowledge to enable it to deliver a wide range of high quality cleaning services to the industrial and commercial sector.The large client portfolio provides regular work and is an excellent means of promoting the company’s other services.

Customer Service:

This business is dedicated to providing 100% customer satisfaction, making every effort to satisfy the requirements, however big or small of existing and potential customers. It is this flexibility and willingness to “go the extra mile” that has fuelled its impressive growth to date. This is further demonstrated by the exceptional levels of repeat business and customer loyalty the business enjoys.

This business provides quality services at highly competitive rates and clients receive a professional and efficient service.

Key Strengths:

This reputable cleaning & support services business has built up excellent working relationships with its clients.. Attention to detail and a friendly yet professional approach by all personnel is one of the main factors for the success of the business, as is speed of response and the ability to provide suitable solutions for a variety of different scenarios as and when they arise. The comprehensive service that it provides ensures the business maintains and continues to grow its already impressive customer base and to remain a leader in the commercial cleaning sector in the area.

The business has strong links with both its suppliers and customers. This is demonstrated by the excellent profitability it enjoys.
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. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation.

This business is already a highly profitable and expanding company with new clients being gained all the time. A new owner with fresh initiatives can only add to this successful business model.

Key Opportunities:

This is a marvellous opportunity for an individual or an existing company to develop and expand on an excellent foundation, especially with further promotion within the appropriate market sectors and the possibility of expanding the self imposed geographical working area of the business.

The company is well positioned for its next period of growth. With increased marketing, a small investment in office technology and some new energy , revenues could be significantly increased with greater sales and better efficiency.
Premises:

The business is currently run from a home office

Business Hours:

There are no standard hours of business as the company understands the need for flexibility and speed of response. This approach is shared by all members of staff.
Advertising and Marketing:

A large percentage of new clients derive from word of mouth recommendations, which is further testimony of the excellent reputation the business has earned since inception. The company also advertises in the Yellow Pages and Yell.com.

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively be it through traditional means or via the internet.
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 enjoying a period of sustained growth. Fixed costs and running costs are low. Sales for the last financial year of £460,000 with a gross profit of £375,000.
Employees:

The Business currently employs:
2 Directors (sales, customer liaison & accounts).Part-time basis.
3 Full-time staff (manager and 2 site supervisors).
30 Part-time staff (cleaning operatives).

The most important resource of any business is its people. This business employs a team of dedicated staff comprising 5 full time and 30 part time staff who pride themselves on providing a personalized quality service for each individual client.

In addition to this the company has at its disposal an additional pool of personnel should they require them.
Support and Training:

A full hand-over is available and the time frame can be agreed as part of the sale transaction.
Reason for Sale:

The present owner of the Business now wishes to pursue other business interests.
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

Next steps

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