Resale opportunity – ServiceMaster Clean Contract Services Cambridge
ServiceMaster Clean Contract Services Mid Anglia has been an established and reputable business for 29 years. The turnover for the last financial year (to Jan 2020) was £893,000.00, gross profit was £283,000.00.
“The ServiceMaster franchise proposition ticked all the right boxes for me, they had a well-developed business format that addressed all the key operating areas of a business including sales; operations, plus administration and financial systems to ensure you could monitor and control the business from day one. I was also able to contact their existing franchisees be sure that other people in similar circumstances to me had been able make a success of the ServiceMaster system,” said Simon Taplin, director, ServiceMaster CS Mid Anglia.
“During those crucial early days, I received tremendous support from ServiceMaster, particularly when three of the contracts I won started on the same day. Today there is a strong spirit of partnership that exists between ServiceMaster and franchisees.”
The business operates across Cambridgeshire and adjoining areas, also known as Silicon Fen, which has a vibrant, energetic and rapidly growing economy due to a number of programmes from the renowned university developing into very successful high-tech companies. This provides a great business opportunity for service companies. The area also includes the city of Ely, and the towns of Bury St Edmunds, Huntingdon and the rapidly developing Alconbury business park by the junction of the A1 and A14 and there are good road links throughout the area. The company is a SafeContractor accredited company.
The current owner is selling due to retirement, however, is available for the first three months following the sale along with the Sales and Operations director who may be prepared (subject to negotiation) to remain in the business for a longer period of time. During this time the current owner and sales director will be introducing the new investor to key customers and suppliers, familiarising them with operating and administration procedures, sales activity, quotation and proposal methods.
The business operates from a modern leased business unit on the outskirts of Ely, the lease has another two and half years to run. It is a fitted out with offices, warehouse and workshop areas and has parking for six to eight vehicles. The business is structured in three departments, Sales, Operations and Administration. Operations has two area supervisors, a team of four mobile cleaners and approximately 80 part-time staff. The company currently has 80+ early morning and evening regular cleaning contracts and also do a significant amount of daytime work for local authorities.
The sale will include a fleet of eight vans in ServiceMaster livery plus a significant amount of cleaning and office equipment and furniture at current value. A modern networked IT system for invoicing, bookkeeping, payroll, time & attendance monitoring, email and management reporting at current value. Cleaning stock at value. The transfer of the lease of the premises, subject to landlord’s approval. The websites and business domains names.
The one piece of advice the current owner would give to anyone looking to purchase the business is “Follow the systems that ServiceMaster has developed, they do work.”
Asking price: £400,000
This really is an exciting proposition and won’t stay on the market for long so, for further details on the sale of ServiceMaster Clean Contract Services Mid Anglia please download and complete the Non Disclosure Form and contact us to register your interest today.