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Highly Profitable Commercial Contract Cleaning Business in Nottinghamshire For Sale
This management business has been operating profitably for 25 years. The current owner purchased it 8 years ago and has grown both the turnover and profitability in that time. Located in the East Midlands, it covers all the postcodes within the county.
It is part of an award winning Franchise. The Franchisor offers excellent training and support across all areas. This means that a prospective owner will benefit from help starting at moment that they are introduced to the headquarters team, through the purchase process and then as a developing Franchise owner. Alongside this is a strong network of owners who can be called on for advice, either on a personal basis or at regular meetings.
The business benefits from a large territory with scope for expansion. The offices are located within the territory, with a small but established management team of four who run day to day activities. With almost 100 members of staff employed to fulfil contracts, the business turns over around £750,000 with net profit in the region of 10%.
The current owner is now ready to retire and to pass the baton over to new ownership. The purchaser will start with approximately 150 clients but there is significant potential for development. Using tried and tested methods, someone with good sales skills or senior management experience is expected to drive the business forward from its current position.
The Franchisor has 38 Franchises across the UK with an average Franchise owner operating a business for 13 years. This longevity says much about the way the Franchise is viewed by its network. Close to a third of Franchisees have turnover in excess of £1 million and the average across the entire network is approximately £900,000.
If you have a successful initial meeting, the Franchisor will offer you the opportunity to contact any of its Franchise Owners for their view. This is exceptional within the Franchise world and demonstrates the confidence of the network, as well as giving you the opportunity to check that this is the right opportunity for you, warts and all.
Located in a city centre
The property benefits from a reception area and two offices with additional storage space. There are a further four rooms that could be used for additional offices.
The territory has not been fully exploited and there is significant room for expansion.
The current owner wishes to retire.
A comprehensive training and support package is offered to new Franchise Owners with strong ongoing support delivered by personal visits, central training, meetings and conferences. Key business areas included are: marketing, IT, financial analysis, employment law and other legislative matters.
Banks with Franchise units have supported sales of other Franchises within this network. Resale Solutions maintains contact with senior staff in these units and can offer introductions.
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