Business Sold BS150198, Sydney, New South Wales 2000
Business Category Cleaning Mobile Services
SOLD
Description
Sold! Strata Property Cleaning/maintenance Business – Sydney.
Business ID: BS150198
No domestic. Established nearly 18 years the business generates revenue of approx $1.5mil pa with earnings to the owner of $750k in 2021. Long list of clients. The 2022 FY is tracking similar to 2021 and is expected to deliver approx. $700k Earnings.
This business specialises in Strata Cleaning and garden maintenance only, with no other commercial or domestic work. There is a good team of cleaners and maintenance crew with the owner having mainly an admin role in the business from a home office.
There are 6 vehicles included in the sale with all equipment included to operate the business at its current level. All clients are in the Sydney metropolitan area.
-Good revenue/cash flow
-Could be operated under a full management structure
-Long established successful trading history
-Substantial profits
-Growth potential with some aggressive marketing
-Systems and procedures in place
-Steady business monthly/yearly
-No need for expensive rental premises
-Good team of employees
-Top quality service reputation
-Excellent client base with substantial database
-Commercial work only (no domestic work)
-Solid marketing opportunities
-Strong culture for offering high standards
-Work/Lifestyle balance
-Great word of mouth advertising from present clients
-Many years of work to create solid foundation for future growth
-Present owner’s ongoing support (would stay on as consultant extended period)
-Majority of revenue is recurring weekly/monthly
-Many years of experience to be passed on to the new owner/s
-Excellent range of services offered
The present owner of the business will offer a new owner 2 weeks full training after settlement. The owner is also prepared to stay on as a consultant of the business for an extended period of time if required. Terms to be negotiated at the appropriate time during the sales process.
This business could be an ideal opportunity for a buyer who is looking to operate a business under a semi-management or full-management structure.
Another business offering similar services and wishing to expand by acquisition could also see this business sale as the perfect opportunity.
According to the owner, there is loads of potential to grow this business through a more aggressive marketing campaign.
Asking Price: Sale price $1.9 mil (inclusive of any stock) and inclusive of all plant and equipment needed to operate the business at its present level.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.