A well established branch of Minster Cleaning is available for sale at £165,000, plus a fee of £10,000 plus VAT. The thriving commercial cleaning company’s Nottinghamshire franchise was purchased as a new start in 1994. That franchisee ran the business until his retirement, when current franchisee, John Bate, took over in October 2011. John chose Minster Cleaning because he knew that the management experience gained from his previous career would prove to be invaluable. John feels that the time has come for him to now retire, and he is looking to sell his profitable business.
John says that the business is stable and staff quality is excellent: “The business employs approximately 100 staff providing services to clients across a range of business sectors including healthcare and dental practices where Minster Cleaning’s specialist knowledge has proved to be invaluable. Client retention is good, the branch has around 125 contracts in place and annual turnover is around £750,000.
“Minster Cleaning’s exceptionally large territories offer virtually unlimited scope for expansion and this franchise covers Nottingham, Beeston, Long Eaton, Hucknall, Mansfield, Sutton in Ashfield, Newark on Trent, Grantham and surrounding areas.”
The managing director at Minster Cleaning’s Network Support Centre, Mike Parker, says: “John’s management experience from his previous business, combined with his determination and confidence to succeed, makes him an ideal franchisee. We are looking for someone with similar qualities and experience to take on the business. Our current franchisees have come from a variety of different backgrounds, including finance, manufacturing, advertising and the military.”
Minster Cleaning’s recent franchisees have all joined by acquiring a resale business, due to retirement, and all have made significant positive impacts on the businesses that they bought. They have benefitted from taking over at well-performing branches with an experienced cleaning workforce, knowledgeable field and admin staff and a substantial profit stream.
The purchase of an established franchise gives new franchisees customers, staff and cash flow from day one. It can also provide evidence of what can and has been achieved and it can show how the business is likely to perform in varying market conditions.
The purchaser of this profitable business will benefit from a highly effective marketing strategy as well as (if needed) help with the transition from employment to self-employment. Ongoing support from the Network Support Centre at Minster Cleaning covers accounting set up, marketing, IT, training and operations and professional advice in the complex fields of employment law, health and safety and environmental legislation.
Minster Cleaning was established in 1982 and has been a Full Member of the British Franchise Association since 1992. As a leading provider of office and commercial cleaning to businesses throughout the UK. It offers prospective franchisees with people-management abilities a safe and secure future, whether buying a branch which is already up and running or choosing a new area.
Minster Cleaning has a network of more than 40 branches through the UK operating large and exclusive territories. Group turnover is now over £50million. Almost three quarters of franchisees are achieving sales in excess of £1million and their top branches are achieving sales of over £2million.
The fact that almost half of franchisees have been with the company for 20 years or more, with the average length of franchisee service 17 years, is further testament to Minster Cleaning’s success. Five longstanding franchisees have each been with the company for 30 years – a real milestone for the franchise.
Another resale is available in Essex, at a fee of £10,000 + VAT in addition to the purchase price of the business. Please contact Minster Cleaning for further details.
New franchise opportunities include Doncaster, Durham, Leicester, London, Middlesex, Guildford, Peterborough and Swansea. Initial start-up cost is £20,000 plus VAT which covers licence, training, computer hardware, stationery, machinery, equipment and materials. In addition, £35,000 working capital will be needed – finance is available from leading banks subject to status.
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