Sell or Buy a Cleaning Services Business in Illinois

Your complete guide to cleaning and janitorial business transactions. Valuations, contracts, and operational considerations.

Illinois Cleaning Services Business Market

$275K
Avg. Sale Price
2.0-3.5x
SDE Multiple
3.0-5.0x
EBITDA Multiple
12,000+
IL Cleaning Businesses

Cleaning Services Business Overview

Illinois cleaning services businesses serve residential, commercial, and industrial clients with essential maintenance services. The industry offers low barriers to entry but rewards operators who build strong contract bases and reliable teams.

Cleaning businesses benefit from recurring revenue through service contracts, relatively low capital requirements, and consistent demand. Success depends on employee reliability, quality control, and customer retention.

Cleaning Services Business Valuation

Business TypeMultiple RangeBasis
Residential Cleaning1.5x - 2.5xSDE
Commercial Janitorial2.5x - 4.0xSDE
Specialty Cleaning2.0x - 3.5xSDE
Franchise Operations2.5x - 3.5xSDE

Key Valuation Factors

  • Contract base: Recurring contracts and retention rates
  • Customer mix: Residential vs. commercial, contract diversity
  • Employee stability: Reliable workforce and low turnover
  • Equipment: Cleaning equipment and vehicles
  • Systems: Scheduling, quality control, and management systems

Selling a Cleaning Services Business

Key Selling Considerations

  • Contract documentation: Written service agreements with customers
  • Employee records: Staff information and retention plans
  • Equipment inventory: Cleaning equipment and supplies
  • Quality systems: Documented procedures and checklists
  • Customer relationships: Key contact introductions

Illinois Regulatory Compliance

  • Illinois business registration
  • Workers' compensation insurance
  • General liability insurance
  • Bonding (often required for commercial contracts)
  • OSHA safety compliance

Buying a Cleaning Services Business

Key Buying Considerations

  • Contract transferability: Ensure contracts transfer with sale
  • Employee retention: Meet key employees before closing
  • Customer verification: Confirm active accounts and satisfaction
  • Equipment condition: Assess cleaning equipment and vehicles
  • Reputation check: Online reviews and references

Cleaning Services Business Types

๐Ÿ  Residential

Home cleaning and maid services.

๐Ÿข Commercial

Office and building janitorial.

๐Ÿญ Industrial

Factory and warehouse cleaning.

๐Ÿงน Specialty

Carpet, window, pressure washing.

๐Ÿฅ Medical

Healthcare facility cleaning.

๐Ÿ”ฅ Restoration

Fire, water, mold remediation.

Ready to Buy or Sell a Cleaning Services Business?

Get expert guidance for your Illinois cleaning business transaction.