Location:
Gold Coast Mc 4217 > Gold Coast > Queensland
Investment level:
$199,000
Type:
Business
Industry:
Cleaning & Maintenance > Cleaning
Established for decades by this current owner, it’s been 20 years of operating from the privacy and comfort of a home-based office on the Gold Coast.
• The new owner of this business requires no specific skills nor prior industry background to continue banking these proceeds. This business comprises of pre-booked and regularly recurring body corporate, commercial and business client cleans, and has done so for over a decade.
• One standout fact about this business is that it has retained 80% (approx.) of its existing clientele for more than the last decade. Clients are very reliable, generally payments are received within 7-14 days of being invoiced.
• The other confirmation that this is no ordinary Gold Coast cleaning service business, is the fact that the majority of new clients have been referrals from existing clients.
• One of the most interesting points to raise about this business is that this owner has not needed to advertise or actively seek new clients for nearly 20 years. The majority of clients who are regularly serviced today have remained for more than the last decade.
• Clients can seem faceless, as they are mainly reliable paying body corporate management companies, body corporate/strata managers and their boards, plus a good line-up of quality and large corporate and commercial operations, who, on average, pay this business within 7-14 days of being invoiced.
• This business hasn’t needed a website, no social media, or any marketing or advertising spend for much of the last two decades since inception!
• The business already has a strong base of predictable and ongoing clients and has remained competitively priced due to its low-cost operation. It has more than ample room for growth. There are numerous body corporate management companies who manage and oversee many more residential complexes and buildings, who could refer new buildings to this business if the new owner were so motivated for further growth.
• This owner has always enjoyed flexible part-time hours, mainly during the working week – Mon-Fri. The regular working hours are flexible during the day, for example 10.30 am – 2.30 pm (for residential complex common areas).
• Remaining competitively priced, being such a low-cost operation, there is ample room for the new owner to lift prices over time and therefore make even more than this current robust yield per annum.
It is a unique and niche service providing a flexible work / life balance. It is always a ‘heaven and heartache’ when leaving what you’ve known for decades an what has provided ample funding.
All this being transferred due to the owner’s reluctant retirement, for just $199K WIWO
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