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Cleaning Business with Corporate and Government Clients – Sydney

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Cleaning Business with Corporate and Government Clients – Sydney
T/O $2.636M p.a. Owners Income $670,500 p.a. Could Be Run Under Management. Owner Prepared to Remain.

Business Sale Price:

$1,700,000 + Stock

Business ID: XB166368
Location: Sydney
Type: Service

$1,700,000

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Cleaning Business with Corporate and Government Clients – Sydney

The business started some 36 years ago in 1990 with the cleaning of a major Shopping Centre, which remains a customer of the business to this day. Over the years the business has established a reputation for reliable, high-standard cleaning services for corporate and retail properties as well as some government departments. 

The company concentrates on servicing buildings in the CBD, North Sydney and Bondi Junction. Buildings include a number of prestigious buildings in the CBD. One of the benefits of being retained by the owner of office buildings is that as floors are leased, there is a very good chance that new tenants will use the building’s cleaning services. Some of these buildings currently have vacant floors, presenting a high likelihood of growth to the sales turnover.

Highlights:

  • Established 36 years.
  • Loyal Customer Base.
  • No Direct Employees (Third Party Labour Hire)
  • History of Profits.
  • No Real Estate Premises Required.
  • Good Growth Potential.
  • Work from Home.
  • The Owner Is Prepared To Remain So The Business Can Be Run Under Management.

Terms of Settlement: 

Depending on the experience the owner will assist in the smooth hand over of the business or will remain for a period and on terms to be agreed.

This business would interest an existing commercial cleaning company or an investment group wishing to enter the industry.

Asking Price: $1.7M for the goodwill and assets. Stock is not included and will be valued at cost as at the date of settlement; it is currently estimated at approximately $10,000.

Details

Subheading : T/O $2.636M p.a. Owners Income $670,500 p.a. Could Be Run Under Management. Owner Prepared to Remain.
Business ID : XB166368
Price : $1,700,000
Price Text : $0
Search Locations : Sydney
Search Type : Service
Price Range : $1mil+
Status : Available

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    Need Finance 1 Smaller
    REIV Awards Winner - Business Broker of the Year
    Print - Xcllusive Business Sales

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