Established 20-Year Sweeping Business

Description

Business type: commercial cleaning and property services

Location: Gold Coast, Queensland

Business model: home based

Trading history: more than 20 years

Price: $150,000 WIWO

Financial performance

Average annual revenue: approximately $110,000

Gross profit margins: high

Services

Mechanical sweeping: established

Commercial cleaning: established

Customers

Major retailers: established

Freight depots: established

Resort complexes: established

Service radius: approximately 30km

Client base: loyal

Word-of-mouth referrals: strong

Operations

Owner involvement: part time

Overheads: minimal

Working hours: flexible

Paid advertising: not used for approximately 10 years

Local competition: low

Sale includes

Specialised equipment value: approximately $30,000

Replacement cost: higher than current equipment value

Growth

• Re-engage former clients
• Expand service area
• Add online marketing
• Increase commercial accounts

Transition

Sale reason: owner retirement