Established for decades by this current owner, it’s been 20 years of operating from the privacy and comfort of a home-based office on the Gold Coast. But it’s now time for this owner to retire. This Gold Coast commercial cleaning service has built up more than a decade of loyalty from its clients. This business specialises in providing high-quality cleaning to body corporate/business clients, mainly on low rise unit/apartment complex common areas. These jobs are extremely time-efficient, simple, and generate a higher-than-average gross profit margin. In addition to these jobs the business includes regular office and commercial cleans. Both arms of this business provide a predictable, consistent and pre-set income. Most of all money banked is retained as its high net income, due to being a low-cost operation!
- The new owner of this business requires no specific skills nor prior industry background to continue banking these proceeds. This business comprises of pre-booked and regularly recurring body corporate, commercial and business client cleans, and has done so for over a decade. The reality is that this business completes sought after common area cleans plus providing a high level of service for offices and their respective building common areas too. This is a well-trusted brand.
- One standout fact about this business is that it has retained 80% (approx.) of its existing clientele for more than the last decade. This is no small feat for any small business to achieve. Clients are very reliable, generally payments are received within 7-14 days of being invoiced.
- The other confirmation that this is no ordinary Gold Coast cleaning service business, is the fact that the majority of new clients have been referrals from existing clients. This says a lot about the quality of the service provided.
- One of the most interesting points to raise about this business is that this owner has not needed to advertise or actively seek new clients for nearly 20 years. The majority of clients who are regularly serviced today have remained for more than the last decade receiving a consistently high standard of clean. This business has proven itself to be efficient and profitable, with the current owner building a stable, dependable clientele.
- Clients can seem faceless, as they are mainly reliable paying body corporate management companies, body corporate/strata managers and their boards, plus a good line-up of quality and large corporate and commercial operations, who, on average, pay this business within 7-14 days of being invoiced – paying fast, given their size.
- this business hasn’t needed a website, no social media, or any marketing or advertising spend for much of the last two decades since inception! And yet this net income continues to fund this owner’s flexible-hour and part-time-hour lifestyle, so he quietly gloats about this.
- The business already has a strong base of predictable and ongoing clients and has remained competitively priced due to its low-cost operation. It has more than ample room for growth. There are numerous body corporate management companies who manage and oversee many more residential complexes and buildings, who could refer new buildings to this business if the new owner were so motivated for further growth. There is potential to add many more ancillary services in the future to this proven, efficient and reliable business.
- This owner has always enjoyed flexible part-time hours, mainly during the working week – Mon-Fri. The regular working hours are flexible during the day, for example 10.30 am – 2.30 pm (for residential complex common areas). The new owner has a choice to choose times of day for cleaning, according to the desired lifestyle outcomes sought.
- Remaining competitively priced, being such a low-cost operation, there is ample room for the new owner to lift prices over time and therefore make even more than this current robust yield per annum.
All post-transfer training and support will be provided by the current owner who has offered to remain as a support worker for the new owner.
The net income has been confirmed via ATO-submitted tax returns and has remained consistent for many years.
The current owner is ready to retire after 20 years of building up a consistent, profitable and manageable business. This business can provide a lifestyle that will please anyone living on the Gold Coast. The current owner operates from Broadbeach to Coolangatta for convenience to home but the whole Gold Coast and more can be opened for future growth.
- All this value banked, a powerful simplicity, becomes well-funded. All you need to do is step into this well-funded Gold Coast lifestyle, where the demand for this business’s services is higher than this owner’s desire to supply – being in pre-retirement mode.
It is a unique and niche service providing a flexible work / life balance. It is always a ‘heaven and heartache’ when leaving what you’ve known for decades an what has provided ample funding.
All this being transferred due to the owner’s reluctant retirement, for just $199K WIWO.
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