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Established Premium Cleaning Business With Immediate Revenue Gloucestershire For Sale

Cheltenham, Gloucestershire, UK, ID 267637

Established Premium Cleaning Business With Immediate Revenue Gloucestershire For Sale 1
Established Premium Cleaning Business With Immediate Revenue Gloucestershire For Sale 1
Asking price:
GBP£49 500
Turnover (per year): £289 000 gbp
Net profit (per year):£17 000 gbp
Owner
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Description

This Bright & Beautiful franchise is based in Gloucestershire. Its 13 employees handle the cleaning jobs, while the owner deals with schedules, staff and customers.

The business has been trading for six years. It has 55 active regular customers and a Google rating of 4.9 stars.

Financial figures

Annual turnover: approximately £289,000

Asking price: £49,500

Services

The team provides:

  • Regular domestic cleaning
  • Housekeeping
  • Laundry and ironing
  • One-off cleans
  • End-of-tenancy cleaning
  • Commercial cleaning

Team

The employees include supervisors, team leaders, housekeepers and administrative staff.

Premises

The business is based in commercial premises in Cheltenham. Around 50 other businesses operate within the same business community.

The premises include:

  • A dedicated office
  • A separate laundry room
  • Six allocated parking spaces
  • Visitor parking
  • A rolling 12-month lease
  • Road access to Cheltenham, Gloucester and the M5 corridor

Access hours

The building can be accessed from 5:30 am to 9:00 pm Monday to Friday. Saturday access runs from 8:00 am to 6:00 pm.

Territory and ways to grow

The franchise territory contains approximately 65,000 households.

Other areas to develop include:

  • End-of-tenancy and one-off cleaning
  • Work from local estate agents
  • Commercial contracts with offices, gyms and other businesses
  • Laundry and ironing
  • Luxury apartments
  • Airbnb and holiday accommodation
  • Google pay-per-click advertising

Franchise

The business trades under the Bright & Beautiful name. The franchisor supplies the operating systems, brand materials and training and remains available for ongoing support.

Reason for sale

The current owner plans to semi-retire.

Additional costs

VAT is not added to the £49,500 asking price.

The buyer must also pay a franchise joining fee of £8,997.50 plus VAT. This fee covers training and support with the business launch.

Legal fees and working capital are separate and should be allowed for by the buyer.

Handover and further information

The current owner and the franchisor will both help with the handover and training.

The seller will provide the accounts, asset list and customer details once due diligence begins.

Details

Real Estate: Lease
Employees (ppl): 13
Reason for selling: Retirement
Asking price: 49 500 gbp
Turnover (per year): 289 000 gbp
Net profit (per year): 17 000 gbp

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