Naperville, IL
Specializing in storm damage repair, roofing, siding, gutters, windows, and selective interior remodeling, this independent restoration company operates through longstanding referral networks,...
$2,000,000
Cash Flow: $954,500

Naperville, IL
Specializing in storm damage repair, roofing, siding, gutters, windows, and selective interior remodeling, this independent restoration company operates through longstanding referral networks,...
$2,000,000
Cash Flow: $954,500
MFS Trade School: Build Your Million-Dollar Cleaning Business In every commercial kitchen, fire prevention is the top priority. Grease buildup in exhaust systems is one of the leading causes of...
$5,290

McHenry County, IL
Step into ownership of a well-established commercial cleaning business in Northern Illinois with a stellar reputation, recurring contracts, and proven systems in place. The business serves a diverse...
$282,000
Cash Flow: $114,390

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
"STOP PUTTING IT OFF - BE YOUR OWN BOSS!" You can be your own boss for an initial capital of only $249. We are way more reasonable than our competition! Their starting cost is from $5000 to $50,000!...
$249
Chicago, IL
$460,000
Cook County, IL
$449,500
Chicago, IL
$199,900
St. Charles, IL
$99,000
Peoria, IL
$95,000
Available in Illinois
$75,000
Illinois
$580,000
Chicago, IL
$750,000
Lake County, IL
$69,999
Mclean County, IL
$150,000
Bartlett, IL
$299,000
Jason Barnes
Priority Business Brokers
Serving Cook County, IL
The #1 Sales Team! No one has sold more businesses in East TN in the last 10 years!
DuPage County, IL
$59,900
Mclean County, IL
$2,950,000
Illinois
$2,599,000
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 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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