Cleaning & Facility Services
CA
Financial summary
Comparable pricing
18% below marketComparable Cleaning & Facility Services businesses sell at a median of 2.9x SDE, based on several listings. This one asks 2.4x, about 18% below that median. At the comparable median it would price ~$724K.Methodology refines over time.Comparable Cleaning & Facility Services businesses sell around $724K vs this $595K ask.
Methodology refines over time.
Detailed information
low multiple, high SDE margin and priced below 1.5x revenue.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
This 21 year old business is located in a beautiful area with thousands of vacation properties and second homes. They are a trusted vendor to home owners, property managers, municipal buildings and commercial businesses. This husband and wife run business has 2 employees that provide the services with help of the seller. 95% of the clients are residential, approximately 475 clients are on reoccurring service agreements. 60% of the work is reoccurring and 40% is specific "one off" work fending off various critters. The company is branch 2 and branch 3 licensed but they choose not to perform termite work or repair. Excellent community reputation. Turnkey opportunity for a licensed PCOC to hit the ground running.
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