EtA Downunder - Episode 8

G'day, I'm Pete Seligman. There are a growing number of people thinking about buying a business in this region, but it can be hard to see what that actually looks like. So to help bring one part of that process to life, I've teamed up with my mates Jason Andrew and James Frank to throw some businesses on the table and share our raw thoughts on each. This is Eta down under. We hope you enjoy it.

In this episode, we dive into a commercial cleaning business based in Ballarat. This well-established operation boasts $4 million in annual revenue and six-figure profits. With an asking price of $2.3 million plus stock, the valuation reflects its long-term contracts, experienced team, and robust operational model.

Our discussion explores the challenges and opportunities within the cleaning industry, including managing a transient workforce, maintaining employee retention, and leveraging the business’s established reputation and client base. We also consider the valuation, barriers to entry, and potential roll-up opportunities in the region, making this a fascinating case study for aspiring business buyers.

Thanks for listening! If you’d like to learn more, connect with us on LinkedIn or check out the show notes for more details.

• Follow Pete on YouTube: Pete Seligman
• Connect with Pete on LinkedIn: Pete Seligman
• Connect with James on LinkedIn: James Frank
• Connect with Jason on LinkedIn: Jason Andrew

Stay tuned for the next episode of EtA Down Under, where we continue to explore exciting business opportunities and share our insights.