Owner retiring and wish to focus more on food business.
Description
A long-established Integrated Facility Management (IFM) company with sustainable long-term business and high potential future growth (over an average of $1m monthly contracts + job values) company for takeover due to its current owner wishes to retire and focus on his passionate on food business. Been profitable for last few years and large positive operations cash flow (no loan) generated from business activities.
An experienced Business Development team generating constant good margin contracts & ad-hoc jobs (over 5-6 million jobs value over next 2 years + an average $600k+ monthly invoices on facility maintenance contracts). Potential buyer can continue to grow the business and might be potential for future IPO listing if sufficient resources is injected into the business. Annual revenue over $10million for last 3 financial years with facility management service contracts double digit growth.
Business Operation
There are few large M&C companies and some smaller players in the local market similar to any other service sectors. With the strong and qualified team members, the company has been obtaining double digits revenue growth for the past 3-4 years and been generating good positive operating cash flow. With continuous new buildings development, there can be only more opportunities for more businesses to be acquired for many years more to come.
Competition
A great potential of expansion as we have high potential employees (BD manager over 15 years experiences & GM someone with professional qualifications in fire safety and M&E) and well-trained & skillful operations team. Based on past few years double digit growth, we expect the same or high growth rate to continue with good management and resources injected.
Expansion Potential
OJT centre certified and operations proprietary software all in place.
Support and Training
Company or individual who is keen in building engineering and facility management services.
Background & Skills
Property Information
Rent
Premise Status
own
Lease Term
2 Storey factory well fitted premise with Managers rooms, 10 workstations and meeting rooms.