How do I sell a kitchen hood cleaning business?
To sell a kitchen hood cleaning business, get each restaurant’s service schedule and terms into writing, keep dated reports and photos for every client, explain openly which clients have closed, and move your night-crew leads and client contacts onto the company before you go to market.
A hood cleaning company works while the restaurants it serves are closed, so many owners run it from memory and a phone. That is fine until a buyer asks what you can show. Buyers of a route business want to see that the work repeats, that it is documented, and that the crew and the client relationships belong to the company. Start preparing well before the listing goes up.
Put the schedules in writing
Many restaurant clients are served on a handshake and a calendar. Write down, for each one, what is cleaned, how often, who authorizes it and how it is invoiced. Where a client has no written agreement, ask whether it will sign a simple service agreement. A buyer reading a list of clients with written terms sees a business; a list with none sees a job the owner does.
Keep reports and photos by client
Restaurants and their insurers often ask for proof that the cleaning was done. Organize your service reports, before-and-after photos and any tags or stickers by client and date, so a buyer can open one folder and see the history. Complete records also protect you after the sale, because they show the work you did while you owned the company.
Be honest about closures
Restaurants close, and a route loses clients when they do. Do not hide it. Show which clients left, why, and what you replaced them with. A buyer who sees the whole picture trusts the rest of your numbers; one who finds a surprise in due diligence often reconsiders everything. If a few clients make up much of your work, say so early.
Move the crew and contacts off you
If you take the calls, hold the keys and know every restaurant manager, the buyer is buying you. Introduce your lead technician and your office contact to clients, put crew schedules and access arrangements in a shared system, and make sure client contact details sit in company records rather than your phone. Plan a handover period with your buyer and agree what it will include.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 02Business Development Bank of CanadaGovernmentHow to Find the Right Buyer for Your Business
- 03Business Development Bank of CanadaGovernmentWhat are financial statements?
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