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the UK marketplace for company sales

Contract cleaning

Reference
S7251
Turnover
£1m to £2m
Sector(s)
Business services, Education, Service industries
Region(s)
East Midlands
Added
08 October 2020

Business description

Specialises in contract cleaning services for schools.  Around 70 customers with high level of retention.  Retirement sale.

Highlights

  • Excellent reputation  
  • Loyal and experienced 2nd tier management  
  • Workforce of c. 180 operative staff  

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2020 (Actual) 1,600 250

Annual contracted revenues over £1.5 million.

EBITDA + directors remuneration c. £250,000.

Track record of annual sales growth.

Opportunities

  • Opportunities for growth that a buyer with additional resources and energy could capitalise on, including additional demand due to Covid-19 plus introducing a wider range of services 

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