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345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
77
/100 score
Excellent

Commercial Floor Stripping & Waxing

One buffer, zero competition, and hospitals that pay every 6 months on contract

Commercial floor care operators strip old wax coatings and apply fresh layers to vinyl composite tile (VCT) floors in hospitals, schools, grocery stores, and government buildings. Unlike general janitorial cleaning, floor stripping is specialized work requiring equipment, chemistry knowledge, and skill — which is exactly why most cleaning companies don't offer it, and why it commands $0.30-$0.75 per square foot versus $0.05-$0.10 for basic mopping. One Reddit operator famously built a $1M+ revenue business from a single used floor buffer. The clientele is institutional and repeat: hospitals strip/rewax quarterly, schools do it over summer break, grocery stores do it overnight every 6 months. Once you have the contract, you rarely lose it.

Avg Revenue

$350K

Profit Margin

45%

Acquisition Multiple

1.5x - 2.5x

Startup Cost

$5K - $30K

Difficulty

2/5

How It Works

You quote jobs per square foot. Stripping involves applying chemical stripper, scrubbing with a floor buffer, vacuuming slurry, rinsing, then applying 3-5 coats of commercial floor wax (finish). Jobs are typically done overnight to avoid business disruption. Equipment: a commercial floor buffer ($500-3,000 used), a wet/dry vacuum, mop buckets, and chemicals. Markup on chemistry is 2-3x cost. Scale by hiring crews and adding accounts.

Revenue Range

Low End
$120K
Typical
$350K
High End
$900K

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 561720 · Janitorial Services

Deals tracked
301
100 in last 24 mo
Median loan
$400K
$215K–$744K p25/p75
Implied deal size
$471K
median · ~85% LTV
Charge-off rate
7.1%
of loans that finished

Deal Size Distribution

<$150K
42
$150K–500K
135
$500K–1M
76
$1M–2M
33
>$2M
15

Deal Flow Over Time

Deals per year · median loan
$446K
2020
36
$352K
2021
41
$350K
2022
45
$432K
2023
57
$308K
2024
51
$546K
2025
63
$270K
2026
8
12-month momentum
-38.7%
deal volume vs prior 12 mo
Median loan Δ
+57.7%
38 recent · 62 prior

Financing Profile

Median rate
10.00%
9% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
96%
of loans secured
Median jobs
15
supported per deal
Top lenders in this space
Live Oak Banking Company35
The Huntington National Bank17
BayFirst National Bank9
Customers Bank9
Old National Bank7
Where deals happen
CA29
FL28
MN17
CO16
OH15
IL13
WA12
NC10
IN10
NJ10
Franchise vs independent
Franchised acquisitions finance at $505K median vs $356K for independents — a +42% franchise premium. Franchises make up 27% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025FL$75K$88K2
Dec 2025TX$350K$412K8Window Genie
Dec 2025IN$143K$168K10
Dec 2025CA$614K$722K8
Nov 2025TX$850K$1.0M48
Nov 2025MN$702K$826K4
Nov 2025KS$191K$225K1
Nov 2025CA$155K$182K1
Sep 2025FL$50K$59K2
Sep 2025FL$690K$812K2
Volume rank #22/534Deal-size rank #457/534Momentum rank #204p90 loan: $1.3MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Institutional clients (hospitals, schools, government) pay on long-term contracts with near-zero churn
  • +High barriers to entry — most cleaning companies skip this service, creating pricing power
  • +Extremely low overhead — the machine pays for itself on the first job
  • +Night/weekend work means you can build clientele while working a day job

Cons

  • -Physically demanding — stripping chemical floors overnight is not glamorous
  • -Learning curve on chemical selection and proper multi-coat application
  • -Bidding too low early on kills margins — pricing discipline is critical

Best For

Operators willing to do dirty, low-competition work to build a highly defensible recurring-revenue service business

Operating Costs

Chemical cost is $0.03-0.07/sqft. Equipment maintenance is minimal. Labor is the main cost at scale. Profit margins above 40% are achievable with proper job pricing and routing.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$8K/mo
after debt service
Deal price — $470K
Range: $350K (1.5×) to $1.2M (2.5×+)
Down payment — 15% ($71K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 10.00%
SBA median for this category: 10.0%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$71K
15% equity injection
Loan amount
$400K
85% SBA-financed
Monthly payment
$5K/mo
$234K total interest
Monthly profit
$13K/mo
at 45% margin
Monthly cash flow after debt service
+$8K/mo
Down payment paid back in ~9 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Commercial cleaning and floor care businesses available for acquisition

The Janitorial Store

Industry training and resources for commercial floor care operators

77/100Excellent

Acquisition Score

Profit margin
30/30
Entry multiple
29/25
Market depth
13/20
Risk (charge-off)
4/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
2/5
Buy price
$525K$875K

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