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£0 £1000000

Archived

Well Established Cleaning Company For Sale

Grays, Essex

  • Asking Price: £50,000 +SAV
  • Turnover: We are advised the business generated a turnover of circa £230,000, further financial information can be made upon request.

    Please quote reference B06527

  • Tenure: Leasehold

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Please quote reference B06527

Hilton Smythe is delighted to welcome to the market on a business only basis a well-established and thriving contract cleaning business.

The business has flourished since inception accruing an impressive number of contracts, regular customers, and a fantastic reputation.

Bright & Beautiful is an award-winning concept in domestic cleaning services, providing eco-friendly cleaning, tidying, laundry and ironing; with the highest standards of security and service.

Established in 2007 and franchised in 2010 Bright & Beautiful now have over 69 successful UK franchises. In April 2017, Bright & Beautiful UK Ltd was acquired by Neighbourly (formerly Dwyer Group) an international powerhouse in the world of franchising.

This eco-friendly, franchise venture offers the opportunity to build a business with repeat clients and a continually expanding client base. The business also provides one off cleans, end of tenancy cleans and initial cleans together with ironing services.   The housekeeping service is delivered by a trusted team of professional housekeepers to a range of clients within the region.

The business currently has 80 regular clients generating on average gross annual revenue (incl VAT) was £222,000 for (June 2020 to May 2021 – this includes 10 weeks of closure and 2 further lockdowns – on target turnover was £276k)

Bright & Beautiful provides a brand and concept which stands out from the crowd. their USP’s, core values and unique marketing techniques attract clients who become advocates for our business.

A Bright & Beautiful brings you the opportunity to benefit from:

  • A dynamic 21st century brand which stands out from the crowd
  • A service which is in demand
  • ECO friendly, reduced plastic waste products, used to our expert procedures
  • Initial and Ongoing training and support from a dedicated franchise business consultant together – business launch support, training in our systems and procedures and regular business performance calls
There are additional opportunities to build on this revenue by:

  • Develop the laundry & ironing department further
  • Commercial opportunities – small and medium sized premises
  • Estate Agents for End of Tenancies, Pre-Move In Cleans, Pre-Photo Shoot cleans
  • Target New Developments with Postcards
Included in the sale price will be the tools and equipment new owner will require to do the job of cleaning, the sale price includes a selection of:

  • Uniforms
  • Cleaning Equipment
  • ECO friendly Cleaning Products
  • Existing Marketing Materials
Vehicles

The company owns 1 branded company car: Ford Fiesta Titanium Eco-Boost, 2013, Mileage: 59k: £5000

The company leases 1 branded company car (3-year lease) through RGW Contract: £172 incl VAT per calendar month, Ford Fiesta ST, part hybrid, 2020, Mileage: 1.4k

Both cars are pool cars and can only be used during working hours by any insured team member. The business has an over 30 named driver policy with NFU Mutual, £186 per calendar month.

The owned vehicle will be ‘an additional cost’ to the selling price of the business and the buyer is under no obligation to purchase the vehicles. The seller has advised with all additional items she would be happy with £75,000.

Very rarely do such well-established, popular businesses come to the open market, therefore early enquiries must come highly recommended to avoid disappointment.

The business is run by the owner with two support team members, Quality & Training Supervisor (fulltime) and Customer Service Rep (part time) with 12 professional housekeepers and team leaders.

Office hours are 09.00am to 17.00pm Monday to Friday.

QTS works 08.00am to 16.00pm and cleaning team work 08.30am to 15.30pm.

The Grays territory covers part of Havering, Basildon and all of Thurrock and provides an ideal business opportunity due the following characteristics:

  • Many new developments having been built or in the process
  • High level of rentals creating end of tenancies
  • Seeing an increase in AirBnB with a need for cleaning, laundry & ironing
  • Abundance of early retirement singles and couples
  • Close to London so there’s a high level of young professionals – high level of commuters
Grays, Chafford Hundred, Upminster, Hornchurch, North & South Ockendon, Purfleet, Rainham, Orsett, Bulphan, Langdon Hills, Stanford Le Hope, Canvey Island and Surrounds.

Lease a 2-storey office building in Manorway Industrial Estate, which comes with 2 parking spaces (ideal for keeping company cars).

On the ground floor- a reception area with a small kitchen area for staff members to use and a kit room where the commercial washing machine & dryer (leased) and domestic washing & dryer (owned) are housed.

On the first floor-2 WC’s (one used for storage), the fully kitted laundry & ironing room and the main office, which comfortably has 3 large desks.

The office was decorated throughout in June 2020 with new flooring to the ground floor. The office is fully furnished throughout.

The office is central to the territory they operate in, which helps manage the travel & mileage costs for the team.

The location is great for recruiting local teams, as it’s easy for non-drivers to get to but also has ample parking for those who drive.

Tenure
We are advised the business is being sold on a Leasehold basis with a rolling contract in place, the rent is £595 per month.

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