Wordpress Cloning for future client sites


Is it possible for me to setup a template wordpress site with the WPMU Dev dashboard installed and the plugins and settings customized and installed the way that I want them to be, then clone that site "template" for future client sites? For example if I do this will all the settings of the Ultimate Branding plugin transfer over with the clone? I am wanting to make it easier to spin up new sites as clients come along without having to setup everything all over again.

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