Brief Overview
An established cleaning service company with a strong reputation for quality and reliability is now on the market. Based in Dubai, this business offers a seamless opportunity for new ownership, backed by a proven track record of success and a loyal customer base.
Key Highlights:
Comprehensive Services: Full-service cleaning solutions for residential, commercial, and specialized needs.
Turnkey Operation: Fully equipped with trained staff, established operational systems, and all necessary infrastructure for continued success.
Revenue Diversification: Multiple income streams with opportunities to innovate and expand services.
Growth Potential: Strong foundation with room to enter new markets, enhance offerings, and increase profitability.
Core products or services
Cleaning services
Reason of selling
The decision to sell this business stems from growing commitments to other ventures, which have reduced the time and resources available to manage it effectively
Business Performance
Gross profit Trend: Margins peaked in 2020–2021 but fell sharply in 2023, signaling increased COGS even though revenue was rising.
Net profit Trend: Improved significantly in 2020 and 2021 due to higher profitability but declined in 2022–2023. The impact of COVID in 2020 and 2021 was profitable for the business.
Strong return on assets in 2020–2021 reflects excellent asset utilization, with a rebound in 2023 despite a decline in 2022.
Return on equity remains high, especially in 2021 and 2023, indicating strong profitability for equity holders.
The company has long-term contracts with 70% of clients which indicates predictable and steady cash flow, reducing revenue volatility and enabling better financial planning.
The company has long-term contracts with 70% of clients which indicates predictable and steady cash flow, reducing revenue volatility and enabling better financial planning.
Key Notes
With 50% of revenue coming from the top 10 clients, the next business owners have an excellent opportunity for expansion by increasing the number of clients boosting returns and profits