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Just a few questions I would like to ask -
Thank you for your interest
What type of cleaning is undertaken? as your company registration is for the collection of hazardous waste -
Where have you found this information as we haven't given details of company name or registration number. Have you found it on a business sales site? I will look into it. We are a commercial cleaning company. If it is registered on this site - I can't find it to ammend
Is it your business you are selling or just these contracts? Either
If it is the contracts then how much are they worth and how long left on each contract, also is there provision in the contracts for them to be transferred over to a third party -
We have purposely left out details of the contracts on the advert so the contracts are not put under jeopardy, if we were seen as actively selling. We have had contracts for up to 10 years. Each contract having been over 1 year are on rolling monthly contracts to 3 months notice. Contracts range from just £60 a month through to £2100. We have good relationships with each one and we will be around for 'x' amount of time after sale to smoothly hand over avoiding the complication of 3rd party or sub contract workers, which can upset the applecart
Are the 9 staff under TUPE?
All staff in the UK have the right to use a TUPE agreement when contracts are lost to other businesses?
If your turnover is 100k and liabilities are only 32k then profit would be 68K. However you have liabilities of over 5k. I am a bit confused about this!
We mentioned in our advert that the turnover was 100+, not 100K. Again so clients/competitors do not put 2 and 2 together, working out who we were and move on our contracts or seek other cleaners. Our turnover is around 120
Based on these figures we would not be interested in purchasing your business
We would however be interested in the contracts.
We are happy to dissolve the company and sell the contracts or sell the company as one to smoothly hand over without disruption. My father and owner is back form holiday tomorrow evening, however you can contact him over the weekend to discuss in more detail if required