Commercial Cleaning Valuation

searcher profile

January 04, 2023

by a searcher from Concordia University in Montreal, QC, Canada

Hello Team,

I am new to searchfunder and I would like to know what is the average EBITDA multiple for which a commercial cleaning business sales for.

I would appreciate if someone with experience in this industry could shed some light on this matter.

Regards,

Ahnaf

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commentor profile
Reply by a searcher
from University of California, Berkeley in Bend, OR, USA
I acquired a commercial cleaning company a little over a year ago. We paid around 3.3x or so in SDE. Values will be all over the map depending on the quality of the company. I would gladly pay more now for a company with a very solid middle management layer in place. If it is a smaller, owner dependent operation I wouldn't pay much more than 1-2x... Ours was a good size, with a huge market share, and an excellent brand....but, it was fairly owner dependent.
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Reply by a searcher
from The University of Michigan in Seattle, WA, USA
Here are the multiples for janitorial services: https://www.searchfunder.com/bvr/sector/175

Looks like BVR works off of NAICS codes, so if you feel like janitorial services doesn’t cover what you’re looking for, you can research other codes here: https://www.naics.com/naics-code-description/?code=561720
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