Established and Profitable Cleaning Services Business R1,200,000

Business Overview…

This easy to manage services business, was officially registered in 2013.

Owner / Seller only visits work sites occasionally.

Staff Compliment - 2 experienced permanent and a number of casual staff utilised as required.

Solid financial discipline and business administration. Huge opportunities for further growth.

Operated from home. No premises no lease. Operates Monday to Friday with the occasional Saturday.

Most regular clients are located in the Northern Suburbs of JHB.

One company vehicle in good condition which is part of the business sale.

Long standing active service contracts with the head office of 2 retail food related groups.

Regular servicing of +/- 30 stores in the restaurant group and of 5 x stores in the food service group.

There are approximately 20 additional other active clients being serviced regularly.

A few deep cleaning services provided to the residential sector, by co-operating with select estate agents in up-market areas.

Financial details…

This is a sale of shares, so as to be able to continue servicing the contracted clients as their pre-approved supplier.

Current letter of GOOD STANDING from SARS is on hand. Not VAT registered. Operating below the obligatory VAT threshold for registration.

Average monthly turnover: R68 000

Average monthly (EBITDA) profit: R45 000

Asking Price: R1.2 million (Includes all stock & assets)

Reason for selling - Seller has firm plans to relocate in order be with his family in rural KZN.