Business Summary

Founded 30 years ago, this Commercial Cleaning Company approaches its service to the marketplace with integrity and expertise. With this approach, this larger scale Commercial Cleaning Company has grown its sales revenue to over $5.7 million per annum and is forecasted to increase to $7m by 2023.
For sale as a going concern, with a full suite of staff, contractors and clients, this business will give its new owner a distinctive competitive advantage and a valuable platform for future growth.

This business currently operates across South Australia, with its Head Quarters in Adelaide and runs under a management structure, overseeing the Senior Account Managers day to day operations. The business has approximately 20 employees and 63 contractors in place who have been trained to operate autonomously.

This business has a General Manager, Business Development Manager, Finance manager in place, and several Area managers & Account managers to assist with the growth and smooth running of the business. A large operator in the facilities management sector will gain enormous benefits from acquiring this business.

The business is CM3 Greencap Online Risk Management certificate established and maintains an effective quality assurance system for meeting the needs of customers.

The existing owners are willing to stay on board for a solid handover for the purchaser as and they would like to see the new owner reap the rewards in the future.

Sales: $6.4m (21/22)
Forecast Sales $7m (22/23)
EBITDA: $1,166,103 (21/22)
Forecast EBITDA $1,241,818 (22/23)

Sale Price: $4,500,000 plus stock approx $20,000

For a full Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/yPuTWQva4AY24ZW76

RLA311765

Property Details