The Maintenance & Cleaning Industry
The maintenance and cleaning industry in the United States is experiencing robust growth and transformation in 2024. The sector is expanding at an impressive rate, with annual revenue growth averaging around 11% from 2021 to 2023, driven largely by repeat clients and increasing demand for specialized services. The global commercial cleaning market is projected to reach $468.2 billion by 2027, reflecting a significant upward trajectory.
Employment in the industry is also on the rise, with over 836,000 residential cleaners and 2.3 million janitors and building cleaners currently employed. The median hourly wage for these positions is approximately $16.08 for residential cleaners and $16.84 for janitors and building cleaners. Notably, states like Washington offer the highest salaries, paying up to $40,330 annually for commercial cleaners.
Key trends shaping the industry include a shift towards green cleaning practices, the adoption of advanced cleaning technologies, and an increased focus on employee welfare. Businesses are integrating sustainable products and methods to meet growing consumer demand for eco-friendly solutions. Additionally, technological advancements, such as cleaning business software and automation, are streamlining operations and improving efficiency. Overall, the cleaning and maintenance industry is poised for continued growth, with a strong emphasis on innovation, sustainability, and employee satisfaction.
Business for Sale by Owner: Most profitable companies in the maintenance and cleaning industry (July 2024)
1. Prominent 8-Car Wash Chain Platform Near NJ:
Enter the thriving automotive services market with this exceptional opportunity to acquire a leading car wash chain platform based near New Jersey. This business stands as a premier provider of top-tier car wash services, boasting a robust revenue stream and an impressive portfolio of high-tech facilities. With a solid foundation and extensive expansion potential, this company is poised for substantial growth in the competitive car wash industry.
- Location: Bergen County, New York, US
- Freehold Price: $62,000,000 (Furniture, Fixtures, and Inventory included)
- Lease Asking Price: Over $5M (Furniture, Fixtures, and Inventory included)
- Sales Revenue: $20,000,000
- Cash Flow: $8,000,000
- Furniture/Fixtures Value: $6,500,000 (included in asking price)
- Inventory/Stock Value: $200,000 (included in asking price)
- Real Estate: Available as lease or with real property included
Business Highlights:
- Establishment: This chain of 8 top car washes is renowned for its excellence and high profitability.
- Facilities: Features large, high-tech properties in excellent condition, offering ample space for additional business ventures to boost income.
- Location: Strategically positioned in excellent locations, providing easy access and high visibility.
Business Operation:
- Expansion Potential: Significant opportunities for growth and expansion, capitalizing on the large properties and high-tech facilities.
- Market Position: Positioned in a competitive market with room for additional business ventures to increase revenue.
Reasons for Selling:
- Retirement: The current owner seeks to retire, creating an opportunity for a new owner to take over and scale the business further.
Support & Training:
- Comprehensive support and extensive training will be provided to ensure a seamless transition for the new owner.
Owner Financing:
- Available, with terms to be negotiated. Please contact the seller for more information.
This listing presents a rare opportunity to acquire a thriving, forward-thinking car wash chain with unparalleled growth potential in the dynamic New Jersey market. Serious offers based on industry comps are welcomed, offering the chance to lead the charge in shaping the future of the car wash industry. For further details and inquiries, prospective buyers are encouraged to engage with seller directly.
2. Leading HVAC Company in Nebraska:
This family-owned HVAC company boasts the largest market share in the county and a highly experienced staff. Approximately 50% of sales are for commercial accounts, while residential work makes up the other 50%. With a population of over 500,000 within a 50-mile radius, the business is well-positioned for continued success.
Details:
- Location: Nebraska
- Asking Price: $5,950,000
- Gross Revenue: $4,572,885
- Cash Flow: $1,398,667 (Seller's Discretionary Earnings)
- EBITDA: Not Disclosed
- Inventory: Not Disclosed
- FF&E: Not Disclosed (included in asking price)
- Real Estate: Not Disclosed
- Building SF: 6,600
Key Aspects:
- Market Position: Largest market share in the county.
- Client Base: 50% commercial, 50% residential.
- Growth Potential: $3,000,000 in scheduled projects for 2024; potential to expand by adding plumbing and electrical services.
- Reputation: Excellent customer service and long-lasting client relationships.
Opportunities:
- Service Expansion: Add plumbing and electrical services to accelerate growth.
- Geographic Reach: Potential to expand service area.
Headquarters and Real Estate:
- Facilities: Central location with high visibility; owned property with the option for sale or long-term lease.
Current Markets:
- Clientele: Commercial and residential clients.
Shareholder Objectives:
- Reason for Selling: Retirement
- Support & Training: Seller willing to assist with the transition.
This HVAC company represents a prime investment with a strong market position and significant growth potential. Prospective buyers should contact the seller directly to explore this exciting opportunity.
3. HVAC Company - Highly Profitable, Family Owned:
This family-owned and operated company provides full-service plumbing, excavation, heating/cooling, and remodeling services. Serving homeowners in the Indianapolis metro area, it is the only company in the area to offer 24-hour service and financing options. With a strong focus on customer satisfaction, the company has built a loyal customer base and a reputation for being a one-stop solution.
Details:
- Location: Carmel, Indiana
- Asking Price: $4,500,000
- Gross Revenue: $3,900,000
- Cash Flow: $1,000,000
- Real Estate: Not applicable, operates remotely
- Year Established: Not Disclosed
Key Aspects:
- Unique Offerings: 24-hour service and financing options.
- Customer Base: Loyal and satisfied customers.
- Company Vision: One-stop solution for all customer needs.
- Values: Trust, Dependability, and Quality.
Opportunities:
- Service Expansion: Establish value pricing to generate additional opportunities.
- Sales Strategy: Hire a skilled sales individual to maximize cross-selling of services.
Headquarters and Real Estate:
- Facilities: Not applicable, operates remotely.
Current Markets:
- Clientele: Single-family homes, apartments, property management, and small commercial buildings.
Shareholder Objectives:
- Reason for Selling: Family obligations and supporting another business.
- Support & Training: Seller will provide consultation and knowledge transfer for up to 6 months.
This HVAC company offers a unique investment opportunity with strong financials, a loyal customer base, and significant growth potential. Prospective buyers should contact the seller directly to learn more and explore this opportunity.
4. Highly Profitable HVAC Company - Sherman Oaks, CA:
This esteemed HVAC company is a remarkable acquisition opportunity. Renowned for its excellence, the business boasts an outstanding reputation with 5-star ratings across multiple platforms. It has a well-balanced revenue mix of 95% residential and 5% commercial clients, demonstrating strong financial performance and significant growth potential.
Details:
- Location: Sherman Oaks, CA
- Asking Price: $3,334,050
- Gross Revenue: $3,967,449
- Cash Flow: $950,000 (Seller's Discretionary Earnings)
- EBITDA: Not Disclosed
- Inventory: $10,000 (included in asking price)
- FF&E: $20,000 (included in asking price)
- Real Estate: Leased
- Building SF: 1,500
- Rent: $2,000 per month
- Lease Expiration: 7/19/2024
- Year Established: 2017
- Number of Employees: 15
Key Aspects:
- Reputation: Exceptional reputation with 5-star ratings across various platforms.
- Service Offerings: Comprehensive range of HVAC services, including air conditioning, heating, indoor air quality solutions, and light commercial refrigeration.
- Strategic Service Area: Serving the San Fernando Valley and a 50-mile radius around Los Angeles.
- Dedicated Team: Knowledgeable and committed team ensuring high standards of professionalism and service excellence.
Opportunities:
- Growth Expansion: Add more technicians to handle higher service volumes and extend the service area.
- Market Expansion: Tap into new markets by expanding the service area beyond the current radius.
Headquarters and Real Estate:
- Facilities: Leased space of 1,500 sq. ft.
Current Markets:
- Clientele: Predominantly residential, with some commercial clients.
Shareholder Objectives:
- Reason for Selling: The sellers seek a change of industry and lifestyle.
- Support & Training: 60 days of post-closing training and support provided.
This HVAC company offers a unique investment opportunity with strong financials, a loyal customer base, and significant growth potential. Prospective buyers should contact the seller directly to learn more and explore this opportunity.
5. Leading HVAC Company with Strong Vendor Relations:
This business is the largest HVAC service provider in the United States, ensuring consistent demand and a balanced work life. It offers an extensive line of products and services, including maintenance, installation, and repair, keeping HVAC units running at peak performance year-round. The company provides a membership with benefits like two service calls per year, priority placement, and a 15% discount on repairs or replacements, billed monthly.
Details:
- Location: El Paso, Texas
- Asking Price: $234,809
- Gross Revenue: $3,601,420
- Cash Flow: $864,340 (Seller's Discretionary Earnings)
- EBITDA: Not Disclosed
- Inventory: Not Disclosed
- FF&E: Not Disclosed (included in asking price)
- Real Estate: Not Disclosed
- Home Based: Yes
Key Aspects:
- Service Provider: Largest HVAC service provider in the U.S.
- Recurring Revenue: Strong recurring revenue through membership programs.
- Service Excellence: 24/7 call center ensures no missed calls.
- Product Offering: Private labeling on all units and products.
Opportunities:
- Expansion: Opportunities for further geographic and market expansion.
- Empire Builder Potential: Strong recruiting and semi-absentee ownership model.
Headquarters and Real Estate:
- Facilities: Not Disclosed.
Current Markets:
- Clientele: Comprehensive service area with a strong customer base.
Shareholder Objectives:
- Support & Training: Ongoing training and support.
This HVAC company offers a solid investment opportunity with a strong market presence and recurring revenue. Prospective buyers should contact the seller directly to learn more and explore this opportunity.
6. In-Demand Service in HVAC with Recurring Revenue:
This business is the largest HVAC service provider in the U.S., offering full-service HVAC solutions with straightforward pricing. With a focus on comfort and convenience, the company provides maintenance, installation, and repair services that keep HVAC units running at peak performance year-round. They also offer a membership program with two service calls per year, priority placement, and a 15% discount on repairs or replacements, billed monthly.
Details:
- Location: Birmingham, Alabama
- Asking Price: $235,961
- Gross Revenue: $3,499,872
- Cash Flow: $777,201 (Seller's Discretionary Earnings)
- EBITDA: Not Disclosed
- Inventory: Not Disclosed
- FF&E: Not Disclosed (included in asking price)
- Real Estate: Not Disclosed
Key Aspects:
- Market Leader: Largest HVAC service provider in the U.S.
- Recurring Revenue: Strong recurring revenue through membership programs.
- Service Excellence: 24/7 call center ensures no missed calls.
- Product Offering: Private labeling on all units and products.
Opportunities:
- Growth: Potential for geographic and market expansion.
- Empire Builder Potential: Semi-absentee ownership model with strong recruiting.
Headquarters and Real Estate:
- Facilities: Not Disclosed.
Current Markets:
- Clientele: Comprehensive service area with a strong customer base.
Shareholder Objectives:
- Support & Training: Ongoing training and support.
This HVAC company offers a solid investment opportunity with a strong market presence and recurring revenue. Prospective buyers should contact the seller directly to learn more and explore this opportunity.
7. Commercial & Municipal Equipment Dealer:
Founded over 30 years ago, this specialized equipment dealer in Illinois sells and rents new and used equipment to commercial and municipal customers. The company holds certifications to service all its equipment and operates in a niche industry, making it a one-stop shop for its customers. The business has strong manufacturer relationships and exclusive sales geographies. A three-person management team runs the operations, and the company has a great culture with extensive benefits and a bonus program.
Details:
- Location: Illinois
- Asking Price: Not Disclosed
- Gross Revenue: $13,721,848
- Cash Flow: $709,308 (Seller's Discretionary Earnings)
- EBITDA: Not Disclosed
- Inventory: $4,885,317 (included in asking price)
- FF&E: $1,101,580 (included in asking price)
- Real Estate: $1,500,000 (included in asking price)
- Building SF: 17,250
- Number of Employees: 19
Key Aspects:
- Strong Management: Experienced management team in place.
- One-Stop Shop: Diverse product and service offerings.
- Exclusive Contracts: Long-standing manufacturer relationships with exclusive sales territories.
Opportunities:
- Product Expansion: Introduction of new product lines.
- Geographic Growth: Opportunity to open a new branch in nearby areas.
- Online Presence: Launch an online store to reach more customers.
Headquarters and Real Estate:
- Facilities: 17,250 sq. ft. with retail, office, and shop spaces; renovated in 2020.
Current Markets:
- Clientele: Commercial and municipal customers.
Shareholder Objectives:
- Reason for Selling: Ownership is seeking retirement.
- Support & Training: Reasonable and customary transition assistance provided.
- Seller Financing: Limited seller-financing available for qualified buyers.
This equipment dealer offers a robust investment opportunity with established operations and significant growth potential. Prospective buyers should contact the seller directly to learn more and explore this opportunity.
Conclusion
To wrap up, these maintenance and cleaning business opportunities across various states showcase thriving sectors with strong growth potential. Each business offers the chance to acquire well-established operations with loyal client bases and excellent reputations. Investors can benefit from stable revenues, comprehensive support, and training, ensuring a smooth transition into ownership and fostering ongoing success.
Prospective buyers are encouraged to engage directly with sellers to explore these opportunities further, delve into financial details, and understand operational specifics. These listings provide a gateway to enter or expand within the competitive maintenance and cleaning industry, presenting an excellent path towards entrepreneurial success. Act decisively to seize these opportunities and secure your position in these thriving sectors.
>> Learn more about how to achieve your business purchase goals <<
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