Truck & Fleet Washing Business, Melbourne

Truck & Fleet Washing Business, Melbourne — Cleaning · Melbourne · Asking $1,800,000 · Revenue $3,800,000

Highly regarded truck and fleet-washing business established in 2002, operating in a specialised market with very limited competition Services transport operators, commercial fleets and industrial clients via fixed-site and mobile operations Multiple operational divisions including equipment sales and leasing Uses environmentally friendly, non-toxic and biodegradable cleaning products throughout…

DealProspect/Listings/Cleaning

Truck & Fleet Washing Business, Melbourne

Cleaning Services

ActiveCleaningVictoriaB2B

Find funding for this deal →View original listing ↗

Asking price

~$3,090,000

est. from headline + $1,290,000 plant · AUD

Revenue

$3,800,000

TTM

Earnings (est.)

~$1,510,120

Estimated · comparable listings of this type and size · typically within ±40%

Implied multiple (assumed)

~2.0×

Assumed · estimated price ÷ estimated earnings (as advertised)

Brief

Highly regarded truck and fleet-washing business established in 2002, operating in a specialised market with very limited competition
Services transport operators, commercial fleets and industrial clients via fixed-site and mobile operations
Multiple operational divisions including equipment sales and leasing
Uses environmentally friendly, non-toxic and biodegradable cleaning products throughout
Well suited to operation under management, with an experienced team and systems in place

How it compares

Cleaning businesses in Victoria · asking prices

In line with bigger cleaning businesses here

Bigger cleaning businesses here ask a median 0.43× revenue. On its $3,800,000 revenue, that points to about $1,620,000; reads like this are typically within 30%, so $1,130,000 to $2,110,000. It asks $1,800,000, inside that range.

Asking price: $1,800,0009.1 times the median of $198,000
Revenue: $3,800,0002nd biggest of 10
Revenue multiple: 0.47×0.49× across the market; 0.43× for bigger ones, 0.76× for smaller
Time listed: 68 daysno price change

Cleaning businesses in Victoria

Cleaning businesses for sale in Victoria (23) →

Listed

+2 in 30 days

Median asking

$198K

21 priced

Median revenue

$552K

10 disclose

Earnings multiple

1.6×

19 listings

Price drops

in 30 days

Asking price spread21 of 23 state a price

This listing · $1.8M

14%

48%

19%

10%

Under $100K$2.5M–$5M

Australia 74 · Queensland 34 · New South Wales 11

Cafes 441 · Takeaways 316 · Restaurants 248 · General retail businesses 71 · Newsagencies 68 · Supermarkets 67

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