ServiceMaster Clean: Glasgow Resale

Location  Glasgow and central belt of Scotland
Asking Price £300,000
Date Established 2004
Turnover £477K

The main trading towns are Glasgow, Cumbernauld, Airdrie & Coatbridge, Motherwell, Hamilton, Livingston and all smaller towns in and around these main hubs.

Here’s a great opportunity to take over and build on a successful business that has:

  • Well established ongoing relationships with a group of core customers that can be developed further
  • A team of committed and experienced people who can, and do, ‘deliver’ consistently
  • Solid regular revenues and profits that can be built on and developed

A solid well-established customer base that provides consistent revenues:

  • The current value of monthly contracts for daily office cleaning which generates 95% of the total, turnover is £477k and this comes from over 60 sites which includes some Government contracts.
  • The business has shown steady growth over the last 4 years and is on course to turnover £500k in this financial year.

A good spread of customers with high retention rates:

  • Currently running at a 95% retention rate
  • Customer base is made up of 60 small/medium sized accounts which protects the business from over reliance on specific customers. In fact, the largest customer only accounts for approx. 10% of the turnover.

A long serving experienced team of loyal people that ‘deliver’. The business currently employs 45 staff which would benefit from TUPE and continue to work for the new owner. 25 of these employees have worked for over two years and 10 for five years or more.

A self-sustaining structure that can be taken over speedily and efficiently.

This opportunity offers a fantastic proposition as the new business owner will have continual support from the existing proprietor, who is initially able to dedicate enough time to the investor ensuring they are comfortable with the business. This is a well-run and operated business and the sole reason for the present franchisee looking for a sale is that he wishes to retire and reap the rewards of his efforts over the past 14 years.

We understand the importance of giving our franchisees every opportunity to succeed and work with every investor to ensure they are achieving their goals and obtaining a profitable income.

Offers around: £300,000

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Key Facts:

Opportunities:
Business Type:
Resales
Minimum Investment:
£250,000
Training Provided:
Yes
Home-based:
Yes
Part time:
Yes
Tags:
BFA Membership:
BFA - Resale
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