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JMW
John Andrews
03452 412494
[email protected]
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Would you buy this cleaning business for £115,000?

I saw this listing on a business broker site for a commercial and domestic cleaning business based in Somerset.

Here are some of the details:

The business is four years old with a turnover of £157,000 and a net profit of just under £38,000.

The broker highlighted some key points, such as the firm’s 90% customer retention rate and its range of clients, which includes domestic households, offices, and education.

There is no reason for the sale mentioned but the owner is asking for £115,000 for the business.

Can you see what I see?

Would you buy this business or would you pass?

Watch the video as I break down the details in the listing and decide whether it’s a deal or no deal.

#businessacquisition #buyingabusiness #wouldyoubuythisbusiness