Facility Management Company for Sale in Mumbai, India

- Facility management company providing housekeeping, guest house management, and industrial plant maintenance services.

- Our primary client is Indian Oil Corporation Ltd. and we maintain facilities in over 20 locations for them.

- We also have local housing societies and guest houses as our clients.

- Our client facilities are mostly in Mumbai, Bangalore, and Assam.

- Revenue model - We have 5-year contracts (3 years + 2 years on mutual agreement) with most of our clients. We also have a profit-sharing agreement with select clients and we receive 10% of the profits.

- We have a huge workforce of 450 staff on the payroll since we manage facilities across multiple locations (20+). Have 2 staff for accounting and 2 for management and the rest are maintenance staff operating at client locations.

- Our sales have increased due to new client acquisitions and extension of existing contracts.

Housekeeping services.

Guesthouse management.

Canteen services.

Haulage services.

Providing manpower assistance.

The business does not have any significant assets other than a few pieces of office equipment and furniture.

Rented 200 sq ft head office in Bhandup Industrial Estate, Mumbai. We pay a monthly rent of INR 15,000.

The company has 2 directors and 1 shareholder. The shareholders have 30-30-40 percent stake respectively.

The business has an OD of INR 55 lakhs and a bank loan of INR 75 lakh which will be cleared before sale. There are no liabilities.