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Profitable Commercial Cleaning Business In Tweed Heads For Sale

Tweed Heads, New South Wales, Australia
Asking Price:
$250,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$100K - $250K (AUD)

This is a great business, fully staffed and operating 5 days per week. The business has a 5 day operation that is basically split between 2 distinct sectors - one part is after hours office cleaning and the other is a day business cleaning apartment, office and communal areas. The weekly billing is between $10-$11k per week plus GST, which has grown from $8k per week since December last year. Revenue this year will be just under $400k with an adjusted net of $137k. Experienced staff of 9 cleaners under the stewardship of a supervising manager. A hands-on operator would easily add $100k to the bottom line.
Our involvement is purely admin such as paying wages, bills and ordering. Takes 2-4 hours per week.
Reason for the sale- we came out of retirement a couple of years back to take this on as a bit of a favor for one of our old clients. As much as we love the business we have a small farm northwest of Brisbane and I am in my mid 70's and finding the travel distance to the Tweed is getting a bit much.

Property Information

Real Estate:

Real Property Included

Location:

Broadbeach Waters, Queensland

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

I am in Mid 70's and with everything else in my life it is time to move on and let a more enrgetic person take this on.

Trading hours:

7am - 2pm for One sector and 5.30pm- 10.30pm for the second piece

Employees:
9
Years established:
2

Other Information

Support & training:

2 weeks handover if required...the business is fully staffed so handover is simple.

Furniture / Fixtures value:
$24,000 (AUD) - included in the asking price
Inventory / Stock value:
$2,500 (AUD) - included in the asking price
Home based:
This business can be run from home