Businesses for Sale: Cleaning and Support Services (“The Company”)
An opportunity exists to purchase the business and assets of a leading UK outsourced cleaning & support services company.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation as appointed agent on behalf of the vendor.
- The Company has established relationships with many top UK hospitality chains.
- The Company usually operates in approximately 200 premises each day across the UK.
- The business provides cleaning and other support services.
- The Company operates with in excess of two thousand employees, employed on a contracted and zero hours contract basis.
- Restored to operational profitability prior to the COVID-19 pandemic following challenging preceding period.
- Excellent growth potential.
Assets Available for Sale:
- Goodwill & Business.
- Intellectual Property and Goodwill.
- Limited inventory of Tangible Assets and Consumables
Year to December 2020:
- Turnover: £18m
- Gross Profit: £1.8m
- Net Profit/(Loss) after tax: (£2.6m)
Year to December 2019:
- Turnover: £51.8m
- Gross Profit: £3.6m
- Net Profit/(Loss) after tax: (£0.2m)
Deadline for Offers:
Any party interested in this opportunity is encouraged to promptly contact Middleton Barton, and to sign and return a Non-Disclosure Agreement (issued on request). Deadline for offers by noon 10th March 2021.