Kissimmee, FL
$120,000
Cleaning Businesses in FL For Sale
Market Info
Buy or Sell a Cleaning or Janitorial Business in Florida
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 Florida, 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 Florida cleaning industry to tease out average financials and valuation multiples based on asking prices.
Market Overview
|
Number of Businesses Analyzed |
80 |
|
Median Asking Price |
$213,250 |
|
Median Reported Revenue |
$247,385 |
|
Median Reported Earnings |
$131,064 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Florida Cleaning Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.58 |
1.64 |
|
Median |
0.74 |
2.27 |
|
Upper Quartile |
1.08 |
2.65 |
|
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 in Florida?
Prices vary depending on the size and sales of the business, but the median asking price for a cleaning business in Florida is $213,250.
How much do cleaning business owners earn?
Florida cleaning and janitorial business owners report median annual sales of $247,385 and annual owner earnings of $131,064. 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 Florida range from 0.58 to 1.08, with the median at 0.74. Earnings multiples range from 1.64 to 2.27, with the median at 2.65. These values suggest a typical cleaning business in Florida may sell for around 0.74 times its annual revenue, and 2.27 times its annual owner’s earnings.
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