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ServiceFor Sale

Established Commercial Cleaning & Janitorial Service - Elgin, IL

Elgin, Illinois

About This Business

This well-established commercial cleaning and janitorial service has built a strong reputation throughout the Elgin area since 1995. With nearly three decades of operations, the business maintains a loyal client base including office buildings, retail establishments, and light industrial facilities. The company generates consistent annual revenue of $316,499 with healthy cash flow of $36,519, demonstrating profitability and sustainable operations. The business operates with a lean, efficient team of 3 dedicated employees who have developed strong relationships with existing clients. The operational model is scalable, with systems and processes already in place for potential expansion. The established client base provides predictable recurring revenue streams, typical of successful service businesses in the commercial cleaning industry. The owner is relocating and seeking a qualified buyer to continue this legacy business. At the asking price of $152,163, this represents a reasonable investment for acquiring an income-producing asset with an established market presence. This is an excellent opportunity for an entrepreneur or established cleaning service operator looking to expand their Elgin market footprint with minimal startup risk.

Financial Details

Asking Price
$150,000
Cash Flow
$35,000
Gross Revenue
$315,000
EBITDA
$30,000
Inventory
N/A

Business Details

Established
1995
Employees
3
Real Estate
Lease
Reason for Selling
Relocating
Financing
No
Training
Yes

Deal Analysis

Estimated figures for analysis purposes only. Consult a financial advisor.

Price/SDE Multiple
4.3x
Price/Revenue
0.5x
DSCR
1.86
Cash on Cash ROI
-292.1%
Down Payment (SBA 10%)$15,000
Loan Amount$135,000
Monthly Payment$1,567/mo
Annual Debt Service$18,810
Owner Salary$60,000
Cash Flow After Debt + Salary$-43,810
Asking Price
$150,000
Cash Flow: $35,000

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