Cleaning Business Exit Strategy Guide (New Zealand)

This advanced guide provides New Zealand cleaning business owners with essential strategies for planning their exit, whether through selling, merging, or closing the business. It covers key topics such as: • Understanding what an exit strategy means for a cleaning business, including various exit routes like external sales, management handovers, and orderly closures. • Preparing for buyer expectations by focusing on value drivers, including recurring revenue, gross margins, and low owner dependence. • Addressing New Zealand-specific tax and compliance issues that can impact the sale process. • Planning for staff transitions and ensuring employee retention during the ownership change. • Organizing a due diligence folder to streamline the sale process and reduce risks. This guide emphasizes the importance of early preparation and offers practical checklists to ensure a smooth exit.