Buying Janitorial Company - Cleaning Talk - Professional Cleaning and Restoration Forum
 
Thread Tools Display Modes
post #1 of Old 04-08-2016, 11:39 AM Thread Starter
Junior Member
 
Join Date: Apr 2016
Posts: 8
Buying Janitorial Company

Hello, I am making an offer to buy a janitorial company.

My goal would be to triple the current business, and I plan to be the sole manager until that point.

Being new to this industry I might be totally off, but it doesn't seem like it would be that hard to add 2 accounts/month for a year, though I know it might take a couple months to ramp up.

What do you see being the biggest issues in getting there? How long and what resources would it take?

Any experienced advice is much appreciated!

Last edited by cpclean; 04-19-2016 at 11:55 AM.
cpclean is offline  
Sponsored Links
Advertisement
 
post #2 of Old 04-08-2016, 11:27 PM
Junior Member
 
Join Date: Mar 2016
Location: Tacoma
Posts: 7
Get someone who has experience running a janitorial business, it sounds easy but also can be hard at getting accounts depending on how you market your business. Good luck.

Legion Of Broom Janitorial Services
Legion253 is offline  
post #3 of Old 04-09-2016, 11:50 AM
Senior Member
 
Join Date: Nov 2007
Location: New Jersey
Posts: 224
What are the revenues for this company that you are purchasing with $5,000.00 per month in gross profits?

Peter Weiss
Total Maintenance Services
www.totalservices.org
jahra352 is offline  
Sponsored Links
Advertisement
 
post #4 of Old 04-11-2016, 08:20 AM Thread Starter
Junior Member
 
Join Date: Apr 2016
Posts: 8
Annual revenue is > $100k

Last edited by cpclean; 04-19-2016 at 11:55 AM.
cpclean is offline  
post #5 of Old 04-22-2016, 10:29 AM
Junior Member
 
Join Date: Apr 2016
Location: Milton, ON Canada
Posts: 5
I recently purchased a commercial cleaning business myself. I love running my own business but there are definitely challenges, both in general and specific to this industry. The industry has low barriers to entry and can be (depending upon your area) poorly regulated, so competition can be fierce and not necessarily fair. I do agree marketing is a key factor because differentiating yourself from the "sea of sameness" is critical. Figure out what your point of difference is going to be and be consistent in messaging it. Second, always do your best to maintain a great rapport with your customers. As quickly as you are acquiring new customers, current ones may be swayed into leaving. You are forever filling up a leaky bucket. Your current customers, if they are happy with you, will also be a great asset when it comes to referrals. Finally, not knowing your background, I would suggest getting comfortable with the financial side of the business. Try to understand the flow of money into your business and where it is flowing out. I took at look at profitability by customer so I knew who my high margin customers and my low margin customers were. Frankly, that's just the tip of the iceberg. Best of luck!
905cleaning is offline  
post #6 of Old 04-22-2016, 01:25 PM
Senior Member
 
Join Date: Nov 2007
Location: New Jersey
Posts: 224
Great response. I love the description that "you are forever filling up a leaking bucket"! I have always said that we are always one day closer to losing each of our accounts.

Peter Weiss
Total Maintenance Services
www.totalservices.org
jahra352 is offline  
Reply

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Cleaning Talk - Professional Cleaning and Restoration Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Similar Threads
Thread Thread Starter Forum Replies Last Post
beware of buying a cleaning franchise 10bballer Commercial Cleaning 16 09-17-2019 01:41 PM
Buying Existing Accounts Newtocleaning Residential Cleaning 4 05-16-2019 01:02 AM
How to Hire Quality Janitorial Services For Your Company MaintenanceOne General Discussion 17 04-24-2018 07:49 PM
Buying Janitorial Accounts ncassociation Business 2 08-13-2014 01:46 PM
buying the right to clean donttreadonme Commercial Cleaning 2 11-16-2012 11:18 PM

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

 
For the best viewing experience please update your browser to Google Chrome