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Deal Opportunities.co.uk

the UK marketplace for company sales

Cleaning machinery hire, sale & servicing

Reference
S11780
Turnover
£1m to £2m
Sector(s)
Miscellaneous, Service industries
Region(s)
North West England
Added
01 July 2024

Business description

The company offers the hire, sale, and servicing of professional commercial cleaning machinery, including floor scrubbers, scrubber dryers, and vacuum cleaners.

The company’s product range includes renowned brands such as Viper, Fimap, Comac and Tennant.
The machines are designed to deliver professional cleaning performance, making them ideal for demanding environments or businesses with large areas to maintain, such as office complexes, warehouses, and factories.
The company is offered for sale to facilitate retirement plans.
Offers invited.

Highlights

  • Benefits from a national blue-chip client base with high levels of repeat
    business. 
  • Diverse client base encompassing multiple sectors that have an ongoing requirement for the company’s services; the business is not reliant on any particular marketplace. 
  • Skilled and experience in-house workforce, with second-tier management in place. 
  • Extensive range of stock with a value of circa £1.m included with the sale. 
  • Operates from freehold premises, which are included in the sale.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 723 345
2022 (Actual) 1,401 854
2023 (Actual) 1,702 1,034
2024 (Actual) 1,490 799
  • Turnover of circa £1.5m in YE24.
  • Adjusted EBITDA of approximately £800k achieved in the same year. 
  • Consistent high gross profit margins averaging 75% in the last four years. 
  • Secured an upcoming pipeline of work valued at circa £60k per month.

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