Philadelphia, PA
$94,000
Philadelphia, PA
$94,000
Topeka, KS
$185,000
DuPage County, IL
$825,000
Baltimore, MD
$234,999
Queens, NY
$2,500,000
Miami-Dade County, FL
$170,000
Suffolk County, NY
$375,000
Davis County, UT
$175,000
Wayne County, MI
$52,500
Michigan
$52,500
Available Nationwide
$50,000
Fort Worth, PA
$150,900
Tulsa, NY
$404,900
Maricopa County, AZ
$50,000
Ohio
$174,951
Michigan
$184,950
Jacob Petersen
Murphy Business & Financial Corporation
Serving Olmsted County, MN
Murphy Business and Financial Corporation is one of the largest and most trusted business brokerage firms in North America. Patrick is owner of Murphy Business of Minnesota, LLC
Clermont, FL
$1,600,000
Westchester County, NY
$249,900
Fairfax, IN
$405,000
Freeport, NY
$75,000
Available Nationwide
$200,000
Pinellas County, FL
$150,000
Kansas City, MO
$235,000
Portland, OR
$87,000
Denver, CO
$90,000
Broward County, FL
$120,000
Pasco County, FL
$50,000
Silver Lake, CA
$229,000
Quincy, MA
$30,000
Brevard County, FL
$79,000
Available in Multiple Locations
$110,000
Las Vegas, NV
$54,900
Lake Ozark, MO
$135,000
Florida
$380,000
Painesville, OH
$99,900
Available Nationwide
$105,000
Duval County, FL
$675,000
Kawartha Lakes, ON
$249,000
Medford, OR
$69,000
Palm Harbor, FL
$38,800
Johnson County, KS
$750,000
Livingston, NJ
$299,999
Ventura, CA
$125,000
Inglewood, CA
$475,000
Kwang Chul "KC" Whang
The W Group Commercial Real Estate
Serving Howard County, MD
The W Group Commercial Real Estate (WGC) was established in 1991 by Kwang Chul "KC" Whang, its founder and principal broker. WGC evolved over the years into a full service, cross-cultural, multi-lingual brokerage and business consulting firm that specializes in assisting small to medium size, family and minority-owned retail and service businesses operating around the nation's capital, with issues ranging from: tax and accounting, succession planning, asset acquisition and liquidation, asset management, human resource management, facilities management to product sourcing and marketing. For over two decades, WGC has consulted for and brokered a wide range of businesses: restaurants, liquor stores, dry cleaners, day care centers, electronics stores, print shops, martial arts schools, laundromats, hotels, convenience stores, supermarkets, fashion boutiques, mini storage, automotive businesses, among others, including independent, national and regional chains and franchises. Special areas of expertise include: retail commercial real estate and religious property real estate.
Kansas
$500,000
Available Nationwide
$30,000
Minnesota
$699,000
Huntsville, KY
$284,900
St. Charles County, MO
$649,900
Suffolk County, NY
$500,000
Greater Hamilton Area, ON
$550,000
Oneida County, NY
$650,000
Salt Lake County, UT
$319,200
Middlesex County, MA
$270,000
Orange County, CA
$175,000
Available in Multiple Locations
$75,000
The cleaning industry plays a crucial role in maintaining cleanliness and hygiene across various sectors, including residential, commercial, and industrial environments. This industry has gained significant importance, especially in the wake of heightened awareness around health and sanitation following the Covid-19 pandemic.
Businesses in this industry are dominated by residential cleaning services, followed by commercial janitorial companies. Commercial janitorial businesses tend to command higher valuations thanks to their relatively predictable revenue streams, and resilience to macroeconomic factors.
If you are planning to buy or sell a cleaning or janitorial business, it is helpful to have some context on the market in terms of valuation metric and typical financial performance. To that end, we have aggregated and analyzed business for sale data in the cleaning industry to tease out average financials and valuation multiples based on asking prices.
Market Overview
Number of Businesses Analyzed |
636 |
Median Asking Price |
$250,000 |
Median Reported Revenue |
$499,348 |
Median Reported Earnings |
$152,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Cleaning Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.31 |
1.15 |
Median |
0.67 |
2.10 |
Upper Quartile |
1.09 |
3.00 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Cleaning & Janitorial Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a cleaning business?
Prices vary depending on the size and sales of the business, but the median asking price for a cleaning business in the U.S. is $250,000.
How much do cleaning business owners earn?
Cleaning and janitorial business owners report median annual sales of $499,348 and annual owner earnings of $152,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a cleaning business?
Valuing a cleaning business involves considering several factors, including annual sales, profit, growth (or decline) trends, stability of customer base, and economic trends in the local market. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Revenue multiples among cleaning and janitorial businesses listed for sale across the U.S. range from 0.31 to 1.09, with the median at 0.67. Earnings multiples range from 1.15 to 3.00, with the median at 2.10. These values suggest a typical cleaning business may sell for around 0.67 times its annual revenue, and 2.1 times its annual owner’s earnings.
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