SOLD

Commercial Cleaning Business

Gordon NSW
Commercial Cleaning Business

Last asking price $120,000

Sold June 2023

Cleaning

Annual income $180,000 with a net profit to an owner working in the business of $100,000 to $120,000 per annum working 28 hours per week- huge potential to increase.

Established 23 years ago by the current owner and it has earned a reputation for quality and reliable service. This business services professional commercial premises for which it has an outstanding reputation. The owner has increased the customer base through referrals only- huge opportunity exists to add on more clients as owner works in a part time capacity. It is a very stable and established business model with many years of consistency with its current clients, the majority of whom are situated on the North Shore.

The concentrated client base ensures staff never need to travel too far thus reducing wasting time in transit to jobs. The advantage of this type of service industry is that the services cannot be exported overseas or disrupted by the internet. In addition the business is unaffected by the state of the economy or a change in Govt regulations. There is an enormous scope for scalability as the current owner only works in a part time capacity. There are 3 x employees including the vendor who do all the cleaning. However, the Vendor currently only works 8 hours per week on actual cleaning meaning that a new owner prepared to physically clean premises will earn additional profits. The vendor has been advised that 2 of the existing clients will be expanding the floor areas to be cleaned from 2018 resulting in additional income.

The owner now wishes to retire and will assist a new owner with introductions and scheduling to ensure a smooth transition.

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