Sell a Cleaning Service in Round Lake, Lake County
A cleaning service in Round Lake is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Gurnee — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. The statewide cleaning services playbook is on the industry hub; this page is the Round Lake file. Confidential sale. No upfront listing fee.
Confidential • No upfront fees • Illinois statewide
Round Lake market
Selling a cleaning service in Round Lake
A cleaning service in Round Lake is priced on adjusted seller’s discretionary earnings after a buyer compares this book to Gurnee — not on a statewide rumor multiple. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. The statewide cleaning services playbook is on the industry hub; this page is the Round Lake file.
Round Lake is a far-north Lake County village in the Chain O’Lakes orbit — rooftops, Route 134, and Metra, not a Gurnee interchange and not a North Shore downtown.
Buyer density drops as you leave I-94. Household services and small retail are the typical businesses. Seasonal lake recreation is a side story unless the P&L shows it. Neighboring Round Lake Beach and Grayslake are separate clerks — do not blur the village limits on the CIM.
Round Lake has about 18,289 residents in Lake County, inside the Chicago-Naperville-Elgin area. Nearby markets buyers already compare this book to include Gurnee, Waukegan, Libertyville, Mundelein. That comparison changes who shows up: a buyer who will drive from Gurnee is not the same buyer who will fly in from a coastal platform.
Planning facts
Typical multiple
2x–3.5x SDE
Typical timeline
3–8 months
SBA eligible
Often — confirm
County
Lake County
Population
18,289
Metro
Chicago-Naperville-Elgin
Nearby comps
Gurnee, Waukegan, Libertyville, Mundelein
Closing clock
Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago
DuPage, Lake, Kane, Will, McHenry, Kendall, and neighboring collar shops sell on household density and the I-88, I-90, I-94, and I-55 corridors.
There is no Chicago 45-day city notice unless the business also operates in Chicago. Buyers still compare this suburb to the next one on the same highway.
Round Lake demand for cleaning services is the customer list and the license path — not the Census population figure. About 18,289 residents is context for who already lives in the trade area. It is not a sale price.
Cleaning Service in Round Lake
What a Round Lake buyer will underwrite on this cleaning service
Home-service density in Round Lake helps the route — and it is why a public asking price on a recognizable cleaning service van is a leak. Municipal permit desks here are not the same as Gurnee, Waukegan, Libertyville. Winter no-heat or storm response time is local. The statewide license rules live on the cleaning services hub; this page is who pulls the next Round Lake permit.
Cleaning Services statewide typically plan around 2x–3.5x SDE and a 3–8 months process when books and the lease are ready. That is a planning range, not a price for this Round Lake shop. Buyers here usually argue recurring commercial contracts, residential route density, staff retention, equipment and supplies.
Closing clock for this Round Lake file: Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. License path: Illinois does not license house-cleaning statewide. The industry hub teaches the statewide rule. This URL is the Round Lake application of it.
In a suburb like Round Lake, owner-operators, franchise seekers, pe-backed platforms are the names that usually appear on the NDA list. A buyer who will drive from Gurnee is not the same buyer who will fly in from a coastal platform.
Buyer pool
Who buys a cleaning service in Round Lake
Split buyer pool: North Shore and Libertyville businesses attract SBA and strategics who want household income; Waukegan and industrial I-94 businesses attract operator and logistics buyers. Great Lakes Naval Station and tourism along the lake change seasonality for some retail and hospitality books.
Illustration: a Naperville–Aurora residential cleaning route with 90 recurring homes, two W-2 teams, and a seller who still takes the Friday “favorite” houses. Not a closed sale and not a night janitorial book.
A cleaning service whose customers already sit in Gurnee, Waukegan, Libertyville, Mundelein is a larger business than one that stops at the Round Lake city limit. Tell the truth about the route. Buyers will map it.
SDE recast
How a buyer will read the books on this Round Lake cleaning service
Residential and mixed cleaning recasts on recurring home routes — frequency, skip rates, and whether the seller still holds the spare keys. Add back owner-cleaner hours, then pull one-time moves and Airbnb turns that padded the summer. Supplies are not a mystery add-back. A 2x–3.5x SDE band assumes the housewives’ book (or the app book) will let a new logo in the door.
Illustration only — not a quote for any Round Lake shop. A cleaning service whose tax return shows $45,000 of net profit is not worth $45,000 × a rumor multiple.
Add back the owner’s $54,000 W-2 and payroll tax, $10,500 of discretionary benefits, $14,500 of accepted one-time cost, and $13,500 of personal expenses that a buyer will not run. Then subtract $2,000 of replacement labor if the owner still diagnoses, sells, or closes the books.
Adjusted seller’s discretionary earnings are $135,000. At the planning range 2.0x–3.5x, enterprise value is $270,000 to $472,500. Mid-range 2.75x is $371,250 before debt, working capital, holdback, and tax. A Round Lake buyer will argue the multiple after they ride with the staff and read the lease.
At 2.75 times $135,000 of seller’s discretionary earnings, enterprise value is $371,250 before debt, working capital, holdback, and tax. That is the planning conversation. It is not a listing-site guess.
SDE line items
Reported net profit (tax return, not the marketing P&L)
+ Interest expense
+ Income taxes (not payroll, sales, or property tax)
+ Depreciation and amortization
+ Owner W-2, bonuses, and payroll taxes on the owner
+ Discretionary owner benefits that a buyer will not keep (auto, personal travel, family on payroll with no role)
+ Accepted one-time or non-recurring expenses
− Market-rate replacement labor for owner work that will not transfer
= Seller’s Discretionary Earnings (SDE)
Illustration recast for a Round Lake cleaning service — not a quote
Net profit
$45,000
Owner W-2
$54,000
Benefits
$10,500
One-time
$14,500
Personal
$13,500
Replacement labor (subtract)
−$2,000
Recast SDE
$135,000
Planning EV at 2.75x
$371,250
Recast Seller’s Discretionary Earnings, then apply a planning multiple for cleaning services.
Replacement labor is subtracted. This is a planning tool, not an appraisal.
Recast SDE—
Planning enterprise value—
Before debt, working-capital peg, holdback, and tax. Educational only.
Enter your annual Seller's Discretionary Earnings (SDE) — your net profit plus owner's salary and any personal expenses run through the business — to estimate a range.
$
1x3.0x8x
Estimated Value Range—to—
This is an estimate for planning purposes only. Actual value depends on lease terms, asset quality, customer concentration, and current market conditions. Request a professional valuation for a precise number.
Lake County closings use state CBS-1 plus municipal licenses (Waukegan, Gurnee, Libertyville, and North Shore villages each differ). No Chicago 45-day notice unless you also have a Chicago location. Lake County health and contractor registrations are common diligence items for food and trades.
Illinois does not license house-cleaning statewide. Municipal business licenses apply. Bonding and background checks are buyer and customer expectations, especially in the collar counties. If the company uses chemicals that trigger pesticide or sanitizer claims, IDOA can appear. Keys, codes, and alarm information are a liability transfer, not a casual USB handoff.
Labor and lease
What has to keep working on Monday after close in Round Lake
For a cleaning service in Round Lake, the first labor question is: Recurring homes on auto-pay the seller does not personally clean.
I-94 is the spine. Route density is real between Buffalo Grove and Gurnee and thinner toward the Wisconsin line. Leases in outlet and tourism corridors can be franchise- or landlord-controlled. Winter lake-effect operations matter for home services.
Lake mixes Fortune-campus remnants, naval payroll, and bedroom suburbs. Do not price a Waukegan industrial book like a Libertyville professional practice.
Diligence
What a serious cleaning service buyer will open
Levers that move the multiple in this vertical: Recurring homes on auto-pay the seller does not personally clean; W-2 teams with clean background files; Key-control discipline a carrier will like; Low move-out/Airbnb share; Software-owned list the seller cannot text from a new LLC.
Have these ready before anyone hears the name of the Round Lake business: Recurring residential stops, frequency, and cancellation reasons; Whether the seller still cleans or only sells; Employee vs 1099 reality and workers-comp class; Key/code control and any incident or claim history; Move-out and Airbnb share of trailing twelve; Software (Jobber, Housecall) and customer-list ownership.
Buyer tool
SBA payment sketch for a Round Lake cleaning service buyer
Most Illinois owner-operator acquisitions use SBA 7(a). This is a payment sketch, not an approval.
SBA 7(a) loans are the most common financing for business acquisitions. Estimate your monthly payment and required down payment based on the purchase price.
$
%
%
yrs
Down Payment Required—
Loan Amount—
Est. Monthly Payment—
This calculator provides estimates for planning purposes only. Actual SBA loan terms depend on your credit profile, the specific lender, and current market conditions. Contact us to connect with SBA-approved lenders in Illinois.
Sale steps
How to prepare a Round Lake cleaning service for sale
Recast this Round Lake cleaning service. Start with the tax return. Add owner pay. Subtract replacement labor if the seller still does the work a Round Lake buyer must hire. Do not treat a spike year as the new normal.
Name who can operate on Monday. List every credential that lets this cleaning service pull a permit or see a patient in Round Lake, and whether that person stays. Personal licenses do not transfer with the assets.
Tell the truth about the Round Lake trade area. Map customers against neighboring towns. Buyers will. A book that already covers those towns is larger than a book that stops at the Round Lake limit.
Open the lease and the labor file. Remaining term and assignment in Lake County. Whether the crew can run without the seller living eight minutes away.
Calendar the notices that apply here. Illinois CBS-1 (10 business days). No Chicago 45-day city notice unless the business also operates in Chicago. Start them at letter of intent, not the week of funding.
Read the statewide playbook, then talk. The Illinois cleaning services hub is the statute and recast teaching. This page is the Round Lake file. Confidential consult — no upfront listing fee.
Answers for owners and buyers in Lake County, including local closing steps.
Illinois cleaning service businesses typically sell for 2x–3.5x SDE. The ratio of recurring commercial contracts to one-time residential jobs is the biggest value driver — the more contracted revenue, the higher the multiple.
Commercial cleaning contracts — office buildings, medical facilities, retail chains — create predictable, recurring revenue. Buyers pay significantly more for businesses with written, multi-year commercial agreements than for primarily residential operations.
Yes, but buyers will want confidence that clients are loyal to the brand and team, not just to you. We help structure the transition so client relationships transfer successfully.
Yes. Cleaning services are SBA-eligible, and most transactions use SBA 7(a) financing. Buyers with relevant management experience typically qualify.
Most Illinois cleaning service sales close within 3–8 months. Businesses with strong commercial contracts and organized financials tend to attract qualified buyers quickly.
Most Round Lake asset sales file Illinois Form CBS-1 at least 10 business days before closing. Lake County does not use Chicago’s 45-day city notice unless the business also operates there. Municipal licenses and the lease still need their own calendar.
Buyers in Round Lake are often SBA owner-operators and neighboring operators along the same corridor. Larger recurring books can draw a platform. They will compare this suburb to the next town in Lake County.
No. The planning multiple for cleaning services is a statewide starting point, not a Round Lake appraisal. Buyers in Lake County still adjust seller’s discretionary earnings, then argue the lease, licenses, labor, and owner dependency.
Service Area
Cleaning Service Brokerage Near Round Lake
We serve cleaning services owners and buyers across Lake County and the surrounding region.