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BIZBITE

Parking Garage Cleaning

Night crews, repeat contracts, and oil-stained concrete nobody wants to touch

Bottom line

Worth studying, but do not buy without strong local proof.

Parking garage cleaning companies deep-clean ramps, decks, drains, stairwells, and oil-stained concrete for commercial garages, hospitals, multifamily assets, and municipalities. The surprising angle is ticket size: one 120,000-square-foot garage clean can run roughly $20K-$30K, and owners often sign annual or semi-annual maintenance programs because dirty garages accelerate surface damage and create slip-and-fall risk.

58
Acquisition score
Strong

Avg Revenue

$650K

Profit Margin

31%

Acquisition Multiple

2.5x - 4x

Startup Cost

$25K - $180K

How It Works

Operators sell one-time deep cleans plus recurring annual or quarterly maintenance contracts to property managers and garage owners. Work is usually performed overnight with pressure washers, ride-on scrubbers, vacuums, degreasers, and drain cleaning tools. Revenue scales through larger structures, recurring schedules, and add-ons like striping touch-ups, drain clearing, and stain treatment.

Revenue Range

Low End
$180K
Typical
$650K
High End
$1.5M

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 561790 · Other Services to Buildings and Dwellings

Deals tracked
182
67 in last 24 mo
Median loan
$448K
$245K–$978K p25/p75
Implied deal size
$527K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
23
$150K–500K
75
$500K–1M
40
$1M–2M
36
>$2M
8

Deal Flow Over Time

12-month momentum
-13.9%
deal volume vs prior 12 mo
Median loan Δ
-51.7%
31 recent · 36 prior

Financing Profile

Median rate
9.75%
9% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
7
supported per deal
Top lenders in this space
Live Oak Banking Company23
The Huntington National Bank13
Customers Bank7
Stearns Bank National Association6
Columbia Bank5
Where deals happen
FL23
TX21
CA17
AZ11
OH9
CO8
WA6
IL6
KS5
MA5
Franchise vs independent
Franchised acquisitions finance at $350K median vs $471K for independents — a -26% franchise discount. Franchises make up 20% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied deal
Mar 2026TX$350K$412K
Mar 2026NJ$1.2M$1.4M
Feb 2026LA$402K$473K
Feb 2026FL$55K$65K
Feb 2026FL$615K$723K
Feb 2026FL$50K$59K
Jan 2026TX$270K$318K
Jan 2026KS$171K$201K
Jan 2026FL$650K$765K
Jan 2026KS$211K$248K
Volume rank #44/544Deal-size rank #438/544Momentum rank #222p90 loan: $1.6MData as of Mar 2026

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

  • +Large commercial ticket sizes relative to crew size
  • +Recurring contracts from hospitals, condos, and municipalities
  • +Natural upsells into striping, drain cleaning, and pressure washing
  • +Limited competition because the work is wet, dirty, and done at odd hours

Cons

  • -Night work and traffic control logistics can be difficult
  • -Weather and water access can affect scheduling
  • -Equipment wear is meaningful on large concrete jobs

Best For

Commercial cleaning operators who want bigger contracts and are comfortable selling to property managers

Operating Costs

Main costs are labor, water recovery or disposal compliance where required, hot-water pressure washing equipment, scrubbers, trucks, insurance, and after-hours wage premiums. Margins improve with route density and repeat annual contracts.

SBA Financing Estimator

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

+$2K/mo
after debt service
Deal price — $1.3M
Range: $1.3M (2.5×) to $3.3M (4×+)
Down payment — 15% ($195K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.75%
SBA median for this category: 9.8%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$195K
15% equity injection
Loan amount
$1.1M
85% SBA-financed
Monthly payment
$14K/mo
$629K total interest
Monthly profit
$17K/mo
at 31% margin
Monthly cash flow after debt service
+$2K/mo
Down payment paid back in ~84 months — long horizon

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

QuoteIQ – Parking Garage Cleaning CRM Guide

Example project economics showing a 120,000-square-foot garage clean at $26,400 and 8-10 large contracts supporting $1.2M+ annual revenue

Commercial Restorations – Parking Garage Cleaning Services

Explains why annual maintenance is recommended to remove hydrocarbons and prevent deterioration

KC Splash – Parking Garage Cleaning

Shows recurring semi-annual and annual maintenance positioning for parking structures

58/100Strong

Acquisition Score

Profit margin
21/30
Entry multiple
19/25
Market depth
9/20
Risk (charge-off)
8/15
Deal momentum
2/10

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
3/5
Buy price
$1.6M$2.6M

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