Mishawaka, IN
$219,000
Mishawaka, IN
$219,000
South Bend, IN
$219,000
Indianapolis, IN
$219,000
Charlotte, NC
$150,000
Salt Lake City, UT
$149,995
Tonawanda, NY
$299,000
Somerset County, NJ
$1,650,000
Knoxville, OH
$384,900
Saint Louis, MO
$149,999
Provo, MA
$150,000
Available in Multiple Locations
$70,000
Eugene, OR
$200,000
Aurora, CO
$149,900
Bucks County, PA
$40,000
Memphis, TN
$394,900
Chatham County, GA
$814,999
Alan Clark
The Hatteras Group
Serving Gaston County, NC
The Hatteras Group is a collaborative team of professional intermediaries and advisors, leading business owners and entrepreneurs as they navigate the complex and often emotional process of selling or buying a business. We offer our services to both buyers and sellers and generally work with companies with annual revenues of $2MM to $200MM. We are the advisor of choice for those companies that are too small to be big and too big to be small We deliver invesntment banker level services for companies their radar. While our process works well across a wide range of industries from manufacturing to professional and industrial services, we have subject matter experts in a number of vertical markets such as the events industry, industrial distribution, IT and Software / SaaS, specialty contractors like HVAC, digital marketing, transportation and logistics and various manufacturing.
New Haven, CT
$148,950
Raleigh, NC
$17,490
Missouri
$399,900
Hartford, MA
$17,490
Available Nationwide
$100,000
Greensboro, NC
$17,499
Salt Lake City, UT
$40,700
Kern County, CA
$360,000
Saint Louis, MO
$375,000
Illinois
$2,799,000
San Luis Obispo County, CA
$235,000
Lexington, KY
$279,950
Washoe County, NV
$220,000
Philadelphia, PA
$79,000
Available in Multiple Locations
$150,000
Bernalillo County, NM
$220,000
Myrtle Beach, SC
$75,000
Orleans County, LA
$220,000
Tarrant County, TX
$220,000
Available in Multiple Locations
$150,000
Baton Rouge, LA
$300,000
Tempe, AZ
$33,250
Winchester, CA
$45,000
Rio Rancho, NM
$100,000
Ontario
$75,000
Phoenix, AZ
$135,000
Gibsonton, FL
$12,500
Door County, WI
$1,295,000
Steve Shelton
Better Homes & Gardens The Masiello Group
Serving Hancock County, ME
Full service real estate offices in Ellsworth and Bar Harbor with properties for sale and for lease. 39 agents to serve all towns in Hancock and Washington Counties
$39,000
Available Nationwide
$150,000
$16,500
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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