Investment:£POA
Franchise Focus
At the heart of it A
Minster Cleaning Services is offering an excellent resale opportunity with its established Derbyshire franchise
INVESTMENT LEVEL: PRICE ON APPLICATION
well-established branch of Minster Cleaning Services is available for sale. The thriving commercial cleaning company’s Derbyshire
franchise was purchased as a new start in 1998, and current franchisee John Mills took over in 2005. John chose Minster because he knew that the management experience gained from his long career in fi nance would prove to be invaluable. Operating from offi ces near the centre of Derby, the Minster branch employs 85 staff and provides services to around 110 clients across a wide range of business sectors. It has the advantage of long-term stability in both the workforce and its client base and, in addition to the Derby area, the branch also covers Alfreton, Ashbourne, Belper, Burton upon Trent, Castle Donnington, Heanor, Ilkeston, Matlock, Ripley, Swadlincote and the surrounding areas.
John says: “This large, exclusive territory gives almost unlimited scope for expansion and there is huge potential for further growth by exploiting Minster’s expertise in specifi c business sectors such as healthcare. Minster’s knowledge of implementing cleaning regimes that meet Care Quality Commission requirements is convincing practice managers that Minster is not only a reliable, trustworthy contractor but is also the ideal partner to help the fi ght against healthcare-associated infections.” Derby’s industrial history is based on engineering and manufacturing, and the area is home to many major companies, such as Royal Crown Derby, Rolls Royce, Toyota and Bombardier. In recent years, the city has also benefi ted from a number of signifi cant investments, including an Intu shopping centre, the Quad arts centre and the Derby Riverlights development, which has provided 15,000 square metres of new leisure, offi ce and retail space. A new £10million industrial estate is set to create over 500 jobs in the city and, according to the UK Powerhouse report, produced for Irwin Mitchell by the Centre for Economic and Business Research, the area is expected to grow by around 16 per cent in the next 10 years.
The majority of Minster’s most recent Quad arts centre in Derby
franchisees have joined through the purchase of an established branch. Buying an existing business has many advantages, including cashfl ow, customers and staff from day one. It can also provide evidence of what can be and has been achieved, and it can show how the business is likely to perform in varying market conditions. Offi ce cleaning is an essential commercial service that appeals to a broad client customer base; this helps to protect franchisees from the peaks and troughs experienced by so many businesses. Minster Cleaning Services began in 1982 and has been a full member of the British Franchise Association since 1992. Annual turnover is now approaching £40million and the top 10 branches are averaging annual sales in excess of £1.7million. As the country’s biggest and one of the most successful offi ce and commercial cleaning franchises, it off ers prospective franchisees a safe and secure future whether they buy an existing branch or choose a new area. Franchisees joining the Minster network get all the help they need to
ease the transition from employment to self-employment and ongoing support in all main business areas, including bookkeeping, training, marketing, employment law, health and safety, and environmental legislation. New franchise opportunities include Cambridge, Doncaster, Durham, Guildford, Leicester, London, Middlesex, Peterborough and Swansea. Initial startup cost is £28,225 plus vat, which covers licence, training, computer software and hardware, stationery, machinery, equipment and materials. In addition, between £40,000 and £60,000 working capital will be needed – fi nance is available from leading banks subject to status.
Minster Cleaning Services Commercial cleaning management
www.minsterfranchise.co.uk minster@minsterfranchise.co.uk 0121 386 1722
July/August 2017 |
BusinessFranchise.com | 61
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84
