Ad ID: 72837 Inactive

Commercial Cleaning Business for Sale Christchurch

Commercial Cleaning - Two Complementary  Businesses

Location:
Asking:
$194,000
2 complentary businesses as below

Business for Sale Description

Commercial Cleaning Business for Sale Christchurch

Tabak is brokering the sale of two complementary businesses, and the owner of each business only works 10-15 hours per week. A new owner purchasing both businesses would generate an owner profit (EBPITD) in excess of $190k (as per 2018FY results) for their investment of $194k, and no more than 30 hours input per week. Business 1

• Niche market – mid to high end

• All one-off specialized cleans

• All work invoiced to builders

• 4 x staff; use own vehicles

• Strong forward orders

• Owner works 10-15 hours per week – operations & client facing

EBPITD $83,712 Price $95,000

Business Resources

Business 2

• Generic cleaning market

• Interiors, window & carpet cleans

• Domestic & commercial

• 65% of revenue from regular, repeat, call cycle clients

• Great client relationships

• 6 staff; use 3 x company vehicles

• Owner works 10-15 hours per week – mostly client facing

EBPITD $109,036* Price $99,000

*boosted by one large project; usual EBPITD circa $85k per annum ions & client facing EBPITD $83,712 Price $95,000

With combined sales over $600k + GST, combined Gross Profit (after purchases/wages/subbies) well over $200k + GST, and total owner hours circa 30 per week, these businesses are complementary and would ideally be sold as a package, albeit possibly with separate settlement dates. Or they can be sold separately….. The businesses will appeal to a buyer wanting to set themselves up within the industry, or perhaps even a trade buyer wishing to purchase gross profit $$’s and add the brands to their existing operation.

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