Jun 8, 2017

Cleaning / Janitorial Services Financial Model

Thinking about getting into the cleaning and janitorial services industry and run your own crews? This financial model will help you plan out the revenues and expenses in a highly dynamic and user friendly way.



Pricing
*Note you will be sent the model after payment. 

The functionality is super easy to follow and one of the newest features I have added as the all elusive waterfall analysis along with IRR returns and equity return multiple.

General specs:
  • Goes out 5 years.
  • Has monthly/annual P&L break downs
  • Allows for up to 50 service workers
  • Dynamically pick worker start date, hours/month, billable rate.
  • Build your startup costs and on-going operational expenses.
  • The EBITDA/equity distributions automatically fill in.
  • Visuals for revenue/expenses/EBITDA as well as running cash position/debt.
  • Auto integrated debt service assumptions and flow to cash flow projections.
  • Instructions and notes are included.
The key difference between most financial models is just the way you build revenue and expense assumptions. For this type of industry you are going to have crews going out and working at various places. In turn, you need a way to show how many works you have through the first 5 years of operations, what you are making from their work, and how much they are costing.

The interesting thing about cleaning and janitorial businesses is the cost is low. If you can gain the clients, there is not too much over-head to deal with. Obviously expansion would mean paying a bit of administrative support as well as figuring out where to put all the cleaning supplies as well as keep the safe and up to date.

Anyway, this model is nice because you get industry specific variable analysis as well as general financial summaries that are nice and clear to investors and users. It gives you a clear way to articulate and back up all of your assumptions.


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