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the UK marketplace for company sales

Commercial cleaning

Reference
S7818
Turnover
£1m to £2m
Sector(s)
Business services, Miscellaneous, Service industries
Region(s)
East of England
Added
10 June 2021

Business description

A quality-driven commercial cleaning business, offering a comprehensive range of services to clients across the East of England.

Services offered in capacity order include internal cleaning contracts, window and gutter cleaning services, janitorial supplies and distributors and carpet and specialist cleaning.

In addition, the business operates a separate leasehold warehouse to distribute its janitorial supplies and consumables, from which they offer delivery to clients. 

Our clients are offering the business for sale due to the retirement plans of the partners, as well as to facilitate continued growth under the impetus of a new owner. 

Offers invited.

Highlights

  • All clients provide reliable, repeat business on an ongoing basis.
  • Client sectors are of a wide range of commercial businesses in the healthcare, manufacturing, education, leisure and hospitality, financial services, legal, automotive, distribution and publishing sectors. 
  •  An extensive number of hygiene services are delivered in-house; however, it outsources a number of services, including pest control, hygiene and bin cleaning, enabling it to offer a fully managed service to its clients. 
  • Maintains strong, long-standing client relationships, many of which now span over 17 years. 
  •  Operates from leasehold premises. 
  •  The Managing Director is willing to remain in their current role, post-sale.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 995 164
2018 (Actual) 1,157 163
2019 (Actual) 1,304 179
2020 (Actual) 1,612 284
  • Turnover of £1.6m in YE20 with an EBITDA of £284k.
  • Average gross profit margin of 30% over the last four financial years.

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