Supplier of Robotic Vacuum Cleaners to Major Facilities Managers

Expressions of Interest By:

Under Offer

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Project Motion

Hilco is delighted to offer for sale the business and assets of a supplier of robotic vacuum cleaners to major commercial cleaning contractors. The Company was established to help organisations benefit from new developments in robotics and now holds contracts with some of the largest facilities managers operating in the sector. It has also developed its own patented product for storing, transporting, and charging robotic appliances.

Business Overview

• Innovator of robotic vacuuming and cleaning for commercial premises providing a cost saving against traditional methods
• Approximately 1,400 vacuum robots deployed under contract in 80 locations in the UK and Spain
• Autonomous mopping and vacuuming robot for deployment in supermarkets at full trial stage offering significant future prospects
• Revenue is generated by both direct sales and rental agreements, with a gross margin of 90% on rented assets
• Patented storage device for transporting and charging robotic appliances
• Turnover of circa. £340,000 in 2023

Company Assets:

Intellectual Property Assets

• The patent relating to the robot storage device
• Trademark held in connection with the vacuum cleaner and unregistered marks relating to the Company name
• Domain name and copyright in the website content

Existing Contracts and Prospects

• The existing 22 client contracts and significant supermarket pipeline prospects

Stock

• The rental and company held stock amounting to c.1,400 vacuum robots

Tangible Assets

• The IT equipment as owned by the company

Goodwill

• The goodwill attaching to the business and brand