Lake County, IL
This established franchise specializes in dryer vent cleaning and installation, offering a prime opportunity for first-time entrepreneurs with no initial start-up costs. It is also home-based with...
Cleaning Businesses For Sale in Illinois
Market Info
High Profit Franchise Dryer Vent Cleaning & Repair
$69,999
Cash Flow: $34,483
Longstanding Residential/Comm Cleaning Business DuPage Co, IL
Cook County, IL
Rare Opportunity - Acquire an Established, Proven, Scalable, and Recession-Resistant Service Business. Serving DuPage, Cook, and other surrounding counties. Acquire a high-performing lifestyle...
$600,000
Cash Flow: $236,387
Profitable Dryer Vent Cleaning Business with Strong Customer Base
Chicago, IL
Take ownership of a highly profitable, home-based dryer vent cleaning business serving the North Side of Chicago and the North Shore suburbs. Backed by a well-established franchise with world-class...
$299,500
Cash Flow: $123,802
Profitable Parking Lot Maintenance Company - $240K+ SDE, Turn-Key
DuPage County, IL
Solid, turn-key business with minimal owner involvement and strong financial returns for sale with over $240K in Seller’s Discretionary Earnings annually. This business is fully operational and...
2
$825,000
Cash Flow: $247,323
ServiceMaster Restore in Joliet, IL
Romeoville, IL
Owning a ServiceMaster Restore franchise in Joliet, IL, offers a remarkable opportunity to join an established, industry-leading brand recognized nationwide for excellence in professional cleaning...
4
$495,000
Serve Homes and Business with Purpose-Driven Removal Services
Cincinnati, IL
This business stands out by prioritizing donation and recycling over landfill dumping, a growing priority for both residential and commercial clients. The service is simple but essential—helping...
$154,900
Cash Flow: $152,331
Start-upQuarterly Routine Home Maintenance Subscription Business
The Kura Home License is a unique opportunity to enter (or expand within) the home services industry using a fully built, battle-tested business model—without the restrictions of a traditional...
4
$35,000
Start-upD.O.L.L.S. Cleaning Franchise Opportunity – Trusted Brand in Cleaning
D.O.L.L.S. Cleaning is a recognized leader in the residential and commercial cleaning industry, offering a reliable, customer-centric approach that sets it apart. Founded on the principles of...
4
$35,000
Chicagoland Franchise Multi-Site Child Enrichment Centers
Illinois
$580,000
Janitorial Business for Sale
Chicago, IL
$460,000
FranchisePaintEZ
Available Nationwide
$25,000
Local Rockford Hood Cleaning Business
Rockford, IL
$235,000
Thriving commercial cleaning business with strong client base
McHenry County, IL
$340,000
Established Carpet & Upholstery Cleaning Business McLean County, IL
Mclean County, IL
$150,000
40+ yr Profitable Cleaning Business 70% Commercial
Bartlett, IL
$299,000
Local Carpet & Upholstery Cleaner Ready for Next Owner
DuPage County, IL
$59,900
Brad Ruth
GLBA Business Advisors Brokered by eXp Commercial
Serving Cook County, IL
GLBA Business Advisors Brokered by eXp Commercial was founded in 2016 and has overseen businesses. We are experts at performing business valuations and assisting owners with understanding the value of their business. If you are considering exiting your business in the next five years, I would recommend you get a business valuation performed on your business. If your business is part of your retirement plan, how do your know if you have a enough savings to retire if you do not know the value of your company. If you do not know how your business is valued, then how do you know what changes you need to make to improve the value of your company? If you want to set up a time to discuss business valuation, please click on my Calendly link to set up time for brief discussion. https://calendly.com/bruth-27/brad-ruth
Contact me
Industrial & Janitorial Retailer with Strong Supplier Relation (17963)
REAL ESTATE INCLUDED
Frankfort, IL
Cash Flow: $170,895
Industrial Building Maintenance
Mclean County, IL
$2,950,000
Landscape & parking lot maintenance business in Southeast Illinois
Illinois
$2,799,000
Buy or Sell a Cleaning or Janitorial Business in Illinois
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 in Illinois, 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 Illinois cleaning industry to tease out average financials and valuation multiples based on asking prices.
Market Overview
|
Number of Businesses Analyzed |
21 |
|
Median Asking Price |
$276,650 |
|
Median Reported Revenue |
$423,360 |
|
Median Reported Earnings |
$146,954 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Illinois Cleaning Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.53 |
1.28 |
|
Median |
1.15 |
2.23 |
|
Upper Quartile |
1.32 |
2.89 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Cleaning & Janitorial Business Valuation Benchmark Report
FAQs
How much does it cost to buy a cleaning business in Illinois?
Prices vary depending on the size and sales of the business, but the median asking price for a cleaning business in Illinois is $276,650.
How much do cleaning business owners earn?
Illinois cleaning and janitorial business owners report median annual sales of $423,360 and annual owner earnings of $146,954. 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 in Illinois range from 0.53 to 1.32, with the median at 1.15. Earnings multiples range from 1.28 to 2.89, with the median at 2.23. These values suggest a typical cleaning business in Illinois may sell for around 1.15 times its annual revenue, and 2.23 times its annual owner’s earnings.
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