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Deal Opportunities.co.uk

the UK marketplace for company sales

Contract cleaning

Reference
S8165
Turnover
£2m to £5m
Sector(s)
Business services, Construction, Service industries
Region(s)
London
Added
21 October 2021

Business description

The company specialises in the provision of quality and reliable cleaning services, ensuring that standards of hygiene and cleanliness in its clients’ properties are maintained to an exceptionally high level.

Through its continued investment in developing its workforce and implementing bespoke systems, the company has built up a strong infrastructure and is held in high regard amongst clients as a leading service provider.

Having built up a respected and successful business, the shareholders are now offering the company for sale as they wish to facilitate their retirement plans.

Offers invited.

Highlights

  • A multi-accredited company with an excellent industry reputation.
  • Services an active client base of 63 clients, all of whom provide reliable, repeat business on an ongoing basis. 
  • Operates from leasehold premises. 
  • Works with a multitude of prestigious regional clients, with 92% of turnover derived from contracted cleaning services. 
  • Many opportunities for expansion, including exploration of new sectors and
    the implementation of new marketing strategies.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 2,542 184
2019 (Actual) 2,964 267
2020 (Actual) 3,193 278
2021 (Actual) 2,305 249
2022 (Forecast) 2,198 223
  • Turnover of £2.3m in YE20.
  • Gross profit of £538k achieved in the same year.
  • Forecasted YE22 turnover of £2.2m.

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