6.3 / 10
 Mumbai

Manpower-oriented facility management company. Managing 20+ locations for Indian Oil Corporation and local housing societies.

Key Business Facts
Yearly Sales USD 1.9 million
EBIDTA Margin 0 - 10 %
Industries Facility Management
Locations  Mumbai
Business Overview
- 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.
Products & Services Overview
Housekeeping services.
Guesthouse management.
Canteen services.
Haulage services.
Providing manpower assistance.
Capitalization Overview
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.
Assets Overview
The business does not have any significant assets other than a few pieces of office equipment and furniture.
Full Sale
Asking Price: USD 1.4 million (Native Currency: INR 120,000,000)
Reason: Owners are seeking retirement and planning to settle down at a native place.
Interested to connect with advisors
In talks with 3 Investors
Contact Business