How are cleaning business valued or appraised?

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Cleaning businesses are usually appraised based on a multiple of the net profit to the owner with some market predictions. It's important to seek professional advice when buying a business so you can conduct proper due diligence. It’s important to note that an appraisal is an estimation of what the business could sell for in the current market, whilst a valuation is conducted by a licensed business valuer. 
 

Tags: cleaning

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