Minster Cleaning Services – Nottinghamshire
Offers in the region of£205,000
Overview of the business
Established in 1994 and purchased by the current owner in 2011 this business has grown into an efficient and profitable organisation. Located in Nottinghamshire and trading within two of the largest market towns in the area. Operating from offices within the territory this management business employs in the region of 90 staff. With a small but established management team of 4 who deal with most of the day to day running of the business.
Minster Nottinghamshire boasts strong and consistent business. With a turnover averaging in excess of £837,000 over the last 3 years and a substantial gross margin. With regular contracts in place, providing a professional cleaning service to approaching 150 clients. Through high standards and reliable consistent performance, this business has won and retained a significant number of clients within this area.
The cleaning industry contributes over £24 billion to the UK economy with growth set to continue for this sector. Minster Cleaning provides services to clients across a range of business sectors, including healthcare and dental practices where certain expertise is required. A number of other supporting services are subcontracted.
The business has maintained a management structure and is now in a strong position for a new franchisee to take the business to the next level. There are unexplored areas within the territory, which offers an excellent opportunity for growth. Profits for this business are already robust and demonstrate the ongoing customer demand.
This business has not yet reached its peak performance, but with continued efforts from an incoming franchisee, this business could easily see profits increase further. The current franchisee is now looking to retire providing a new owner with the opportunity to acquire a solid and established business with a realistic opportunity for significant growth.
Overview of the franchisor
Minster state that their management franchise offers a genuine chance to run a secure, large, and profitable business by adopting their tried and tested business model. Nearly a third of Minster™s 44 franchises nationwide have an annual turnover of more than £1 million, with average branch turnover approximately £900,000. Franchise Owners have been operating successful Minster branches for an average of 13 years. By offering a fundamental service to organizations of all types over a large geographical area, Minster says that their franchisees never run out of potential customers.
In addition to being provided with a recognised and well-trusted brand, Minster Franchisees receive comprehensive support in all key business areas including IT, marketing, training, bookkeeping and the constantly changing fields of employment law, health and safety and environmental legislation.
To be confident they are making the right decision, prospective Franchisees are given access to the entire Minster network and are encouraged to talk to any existing Franchisees to find out exactly what is involved.
What to do next
A full prospectus of sale is available following the signing of a non-disclosure agreement. Please do not contact the franchisee directly about the sale of this business as the staff may not be aware that the business is for sale.
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