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Refer to Broker
Refer to Broker
Well-Established Commercial Cleaning
Asking Price includes Furniture / Fixtures and Inventory / Stock included
Sales Revenue 2024FY – $1,754,000.
Net profit: –$204,000.
Owners wage – $65,000.
Owners dividends – $40,000.
Once off expenses/add backs – $40,000.
KEY POINTS:
* Established for 15 years and is a consistent performer.
* This business can be run from home or relocated to suit new owner.
* Ideal bolt on company to a larger business.
* Owner retiring.
* Company is run remotely from interstate.
* Owner works 2hrs/day on the go.
* Company operates 5 days per week, cleaning takes place Monday to Friday nights (into Saturday morning)
* Company has been in operation for 15 years. Profitable 14 years out of 15.
* Company is NSW state wide based.
* Head office located Sydney Western Suburbs with subsidiary locations located in major hubs across NSW. 200sqm Warehouse with 10sqm office.
* Company has 14 employees, 8 Vehicles, $150,000 worth of Materials/supplies.
* Company conducts some works in VIC.
* Company had a major restructure and re-build in 2022 and 2023 F/Y coming out of COVID. All money invested to benefit new owner.
* Night shift service delivery manager/supervisor in place.
* Works coordinator/GM in place as well as admin and accounts team.
* Company has major foot hold in the NSW market with easily the largest coverage across the state. Major clientel ranging from major fast food outlet stores to shopping centres and everything in between. Huge room for improvement of turnover with optimized operations and taking advantage of major upsells not currently engaged.
* No major direct competitors too consider or be concerned about
Price includes the following:
* $15,000 (AUD) furniture and fixtures.
* $150,000 inventory and stock on hand.
* 8 vehicles.
For more details about this business, please contact Sonia Van Der Merwe.
Ref: GC00998
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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