SOLD
Business Overview
There are two pillars to this business which create excellent flexibility and diversified income. Currently, corporate and construction cleaning demands have increased as customers flock to improve cleanliness, organisation, and hygiene standards. This business is quickly establishing new clientele and growing market share.
✓ Excellent repeat business model
✓ Operating for 8 years
✓ Growth every year since inception
✓ Strict payment terms carry very little aged receivables
✓ Contracts with private corporate offices, and state and federal governments
✓ Long-standing staff with a strong organisational structure
✓ EBITDA of $750k after management wages
✓ Fleet of 8 vehicles and P.P.E assets with a written down value of $250k
✓ Strong cash flow
✓ Current owner is offering a long transition period
✓ Due to the strong performance of the business, the owner will also consider a partial sale or earn-out
Our brokers would love to speak to you closely during this time about your needs, challenges, skillsets, risk appetite and how to best approach an acquisition in this time of crisis. We think this is a great example of a defensive business that could be suitable for some buyers.
As a buyer feel free to contact us directly on 02 8923 2632 with any queries or concerns around buying a business and to discuss the risks and opportunities of buying in today's market.
Buying a business is easy with Vision
"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "
Daniel Kogan
(m) 0401 620 918
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business
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