Part Managed Commercial Cleaning Business for Sale South Australia Based

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

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 $7.5m 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: $5.8m (20/21)
Forecast Sales $6.5m (21/22)
EBITDA: $905,000 (20/21)
Forecast EBITDA $1,035,000 (21/22)


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/HQJhTD3cJ41QyFweA
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Asking Price:
$4,500,000
Yearly Profit :

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Country

Australia

State

South Australia

Suburb

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Postcode

5000

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Established on

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Advertiser Details
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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