BMB10594 – Commercial Laundry & Cleaning Services

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REFERENCE: BMB10594

ACTIVITIES: Commercial Laundry & Cleaning

LOCATION: South East of England

TURNOVER: circa £1.2m (FY 17/18)

GROSS PROFIT: circa £500K (FY 17/18)

Business Overview

BuyMyBiz is exclusively retained to find a purchaser for this well established commercial laundry and cleaning services business. Over the past 15+ years, our client has built a reputable brand and profitable business offering commercial laundry services, as well as a wide range of both domestic and commercial cleaning services. Clients range from prestigious hotels and spas to estate agencies, relocation companies, large domestic households and commercial clients.

Well Established Business

The business is located in purpose-built premises fully equipped with state of the art laundry equipment. Offering a wide range of services to local businesses, hotels, restaurants, universities and many other high profile clients, services include:

  • Commercial Laundry Services
  • Commercial Cleaning Services
  • Domestic Cleaning Services
  • Airbnb Management
  • Linen Hire & Garment Rental

The current business infrastructure has approximately 30% extra capacity that is not currently being utilised.

High Percentage of Contracted Business

The vendors oversee the day to day activities of the business and are currently supported by a strong team. Our clients are happy to agree a mutually agreeable handover period if required by the purchaser.

Reason for Sale

After running the business for over 15 years, our clients believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.

The Opportunity

Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.

  • Excellent Goodwill & Reputation
  • Established Brand & Business Process
  • Profitable Business
  • High Level of Contracted Business
  • Good Opportunities for Growth
  • Scalable Business

Price

Offers are invited for 100% of the business shares

(All offers to be based on a cash free/ debt free basis)

The Next Steps

On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.

 

 

 

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