NJ Commercial & Residential Cleaning Business
NJ Commercial & Residential Cleaning Business

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NJ Commercial & Residential Cleaning Business

MaintenanceWest Orange, United StatesVerified

Deal information

Est. 2021Maintenance
Asking price
$187.5KUSD
Revenue
$400K
Profit
$75K
Multiple
2.5x

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Description

Established commercial and residential cleaning company based in Northern New Jersey, specializing in janitorial services, floor care, carpet cleaning, and specialty cleaning for government, commercial, and residential clients. Woman-owned business with proven government contract experience including county recreation facilities.

Products & services

Core revenue streams include: (1) Commercial Janitorial Services — recurring cleaning contracts for offices, retail spaces, and municipal buildings covering vacuuming, trash removal, restroom sanitation, and general upkeep; (2) Government/Municipal Contracts — multi-year contracts for county recreation facilities and township buildings, including porter services and special project work; (3) Floor Care — floor scrubbing, stripping and waxing, and carpet cleaning/upholstery cleaning on a scheduled or project basis; (4) Window Cleaning — interior and exterior window cleaning services; (5) Residential Cleaning — one-time and recurring home cleaning services; (6) Specialty Projects — custom cleaning for factories, healthcare facilities, and educational institutions, including lab environments requiring quality-system compliance. All services include supplies and equipment, typically priced as fixed-fee contracts or hourly rates for add-on services.

Customers & market

The business serves a diversified client base across three core segments: (1) Government/municipal contracts — including county recreation complexes and township facilities, providing stable recurring revenue through multi-year agreements; (2) Commercial clients — office buildings, retail spaces, and manufacturing facilities requiring regular janitorial service contracts; (3) Residential clients — one-time and recurring home cleaning services in the Northern New Jersey market. Government contracts provide a reliable revenue backbone with typical 2–3 year terms and renewal options. The commercial cleaning market in the greater Newark / Essex County metro area is substantial and growing, driven by post-pandemic hygiene awareness and an aging workforce that makes outsourced cleaning increasingly attractive for property managers.

Operations & team

The business is led by a Managing Member who oversees day-to-day operations and client relationships. Operations include scheduled janitorial crews for government and commercial contracts, with flexible staffing to handle special projects and seasonal demand. The company provides all cleaning supplies, equipment, and materials for its contracts (included in contract pricing). Key operational strengths include: compliance with government procurement requirements, ability to train crews for specialized environments (lab cleaning, medical offices), and flexibility to work around client schedules including after-hours service. The company operates from a registered office in West Orange, NJ, which also serves as the administrative and scheduling hub.

Growth opportunities

Quick wins: (1) Pursue additional municipal contracts across Northern New Jersey — the company already has the compliance infrastructure (insurance, bonding, SBE/WBE certification eligibility) and track record with county and township governments; (2) Expand residential recurring cleaning subscriptions in affluent Essex County communities (Millburn, Short Hills, Livingston, Maplewood) where average household income exceeds $89K. Bigger plays: (3) Add specialized services such as post-construction cleanup, move-in/move-out deep cleans, and medical/dental office sanitization — higher-margin niches with less competition; (4) Develop a recurring commercial maintenance program with monthly retainers for small-to-mid-size offices; (5) Pursue state-level term contracts (NJ Statewide Janitorial Services T-1480) which cover facilities across the entire state and can significantly scale revenue.

Revenue and earnings by year

What the seller filed for each closed financial year, plus a trend for next year worked out from those years. The full accounts and the line-by-line detail sit behind an enquiry.

RevenueEBITDA
Financial yearRevenueEBITDA
FY2024$400,000$95,000

Valuation

The seller's own method comes first. The other tabs read the same figures a different way — only methods the seller's figures can actually answer are shown.

SDE multiple

Seller's method

$187,500

SDE $75K × 2.50

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