Cleaning businesses for sale

Cleaning companies for sale in Denmark — commercial cleaning, domestic cleaning, window cleaning and specialist cleaning.

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Sitavo has just opened — the first cleaning companies are on the way

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The contracts are the value

Here the contracts and the staff are the business, so those two deserve the closest scrutiny.

Guides on the topic

Step-by-step knowledge that helps you make the right decision.

OverviewA cleaning company with regular commercial contracts has predictable revenue.Introduction

A cleaning company with regular commercial contracts has predictable revenue. Go through each contract: how long has the customer been with the business, what is the notice period, and how is the price adjusted when wages rise? Ask for a list of customers lost in recent years and why. If some contracts were won in public tenders, check when they expire and whether the business can expect to win them again.

Domestic cleaning brings many small customers and less risk from losing any one of them. On the other hand, churn is often higher and scheduling more complex. Ask how customers book and whether customer data and the scheduling system come with the business.

Staff and payrollPayroll is the largest cost.Financing

Payroll is the largest cost. Employees transfer on their existing terms, so review employment contracts, hourly rates, accrued holiday and any collective agreement. Check that time records, payslips and filings are in order, and that all staff have the right to work in Denmark. Ask who leads the teams day to day. A supervisor or operations manager who knows the customers makes the transition far easier.

Price and key figuresCleaning companies are valued with Sitavo’s indicative range for services: 2–4 times EBITDA, cross-checked against 0.…Finance

Cleaning companies are valued with Sitavo’s indicative range for services: 2–4 times EBITDA, cross-checked against 0.3–1 times revenue. Long commercial contracts with price adjustment and a stable workforce push the price up; short notice periods, a few large customers and high staff turnover pull it down.

Before you make an offerContract overview with term, notice and price adjustment.Guide
  • Contract overview with term, notice and price adjustment.
  • Customer churn in recent years and the reasons.
  • Employment contracts, collective agreement and accrued holiday.
  • Payslips, time records and work permits.
  • Equipment, vans and insurance.

Read the general advice on buying service businesses, and use the price estimate to assess the price.

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