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Commercial cleaning

Reference
S6384
Turnover
£1m to £2m
Sector(s)
Business services, Miscellaneous, Service industries
Region(s)
Yorkshire and the Humber
Added
13 August 2019

Business description

The company provides a range of cleaning services to commercial clients in the Yorkshire area.

Offering window cleaning, office cleaning, hygiene services and other high-rise or cleaning services.

Most of the company’s income is generated from repeat clients for whom it provides a daily office cleaning service.

The current owners are looking to sell the business to facilitate their retirement.

Highlights

  • The current Managing Partner is open to negotiate staying with the company for up to 18 months in order to provide a handover.
  • Strong second-tier management team.
  • Operates out of leasehold premises rented from a private landlord.
  • Mainly gains new clients through word-of-mouth.
  • Has an excellent health and safety record.
  • Accredited by Constructionline.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2015 (Actual) 1,195 303
2016 (Actual) 1,202 321
2017 (Actual) 1,173 313
2018 (Actual) 1,126 264

  • Turnover for FY19 over £1m.
  • FY19 EBITDA of £271k.

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