How do I sell a duct cleaning business?
To sell a duct cleaning business, show a buyer that it runs without you. Separate your own labour from the crew’s output, document the customer list and any reminder cycle, keep equipment records current, record where leads come from, and plan how you will introduce the buyer to HVAC and property-manager partners.
Buyers of a cleaning trade company want to know what they are getting beyond a van and a vacuum. If you are the person who answers the phone, quotes the jobs and runs the main rig, a buyer may see a job rather than a company. Starting early, even months before you list, gives you time to move work off your own shoulders and to build records that stand up to questions.
Show what the crew does without you
Track which jobs you personally perform and which your technicians complete alone. If you are on the tools most days, a buyer will ask who replaces you and at what cost. Train a lead technician, write down how a job runs from booking to final photos, and let customers get used to dealing with someone else. Your accountant can help present owner labour fairly in the financial statements.
Document customers and reminders
Prepare a clean customer list showing job dates, service type and whether the customer is residential, commercial or a property manager. If you send reminders to book again, show the process and how often people respond. Be careful about how customer information is shared before a deal is firm. Your lawyer can advise on confidentiality terms and on what personal information can go in a data room.
Equipment, leads and partners
Gather purchase records, service logs and any financing details for each rig. Keep a simple record of where leads come from: advertising, search, HVAC referrals and repeat work. Decide how you will introduce the buyer to referral partners and property managers, and offer a transition period so those relationships can pass over in person.
Related reading
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- GuideSelling a cleaning business in Canada
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Buying
- Expert answerHow do I tell if a janitorial company’s profit depends on the owner’s own work?
- Expert answerCan I buy a cleaning company’s accounts without buying the company?
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- Expert answerShould I buy an existing drain cleaning business or start one?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaIndustryHow to sell your business
- 02Canada Revenue AgencyGovernmentSelling a business
- 03Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
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