Commercial Cleaning Business, Newcastle
Cleaning Services
ActiveCleaningNew South WalesB2B
Asking price
$660,000
Disclosed · AUD
Revenue
$1,100,000
TTM
Net Profit
$272,000
Implied multiple
2.4×
asking / earnings
Brief
- Commercial cleaning business operating in the Newcastle area, family owned for over 20 years.
- Around 20 staff service long-term commercial clients
- Owners currently work up to 10 hours per week between them
- Operates remotely; owners travelled for 18 weeks in the past year while managing the business
- Loyal, long-term client base with strong retention
- Only one client currently under a fixed contract
- Suited to a sole operator wanting to work from home, or an existing cleaning business looking to grow
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