How Much Is Your Cleaners Business Worth?

If you own a cleaners business, you might be wondering, “how much is my business worth?”

With season in the rearview mirror, I thought this would be a good time of year to update you on cleaners business sales throughout Florida and give you some data regarding sales and pricing. Here are some numbers for you to ponder:

14 = the number of cleaners businesses sold year to date by Business Brokers of Florida Association members.

$102,464 = the average sale price of the sold cleaners business.

$61,637 = the average owner benefit generated in each sold cleaners business.

1.866 = the owner benefit multiple (sales price divided by owner benefit) of the 14 sold cleaners businesses.

0.773% = the average percentage down of the 14 sold cleaners businesses.

What does this mean?

Cleaners businesses are in high demand, in spite of a more conservative and cash strapped buying clientele, and down payments have been 77% of the sales price. If you have been contemplating selling your cleaners business, now is a great time! Please contact me for a free, no obligation discussion.

Please download a complimentary edition of my July-August 204 Newsletter here.

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For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at eric@buysellswflbiz.com or 800-599-0503. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.