Building Maintenance Businesses for Sale and Investment Opportunities in Kerala

Mechanical construction providers based in Kerala. - We are concentrated on providing services in Southern India with clients like BPCL, ONGC MRPL, CPCL, FACT, Petronet LNG, etc. - Promoters have immense experience in the industry. - We have all the required licenses and certificates. - Additional information will be provided to the buyer directly.

City Service Centre is a reliable name in the industry as they aim to deliver the best experience to their customers. This has helped them build up a loyal customer base. We started the journey 22 years ago and ever since, we have ensured that the customer remains at the centre of their business operations and philosophy. As we are located in a favourable neighbourhood, it is easy to locate the city Service Centre on the map.

We started off in 2014 with the Alapatt group, now we handle over 25 contracts including the Taj group of hotels, CGH Earth group, Radisson, Hyatt, Parkway Sports, Volvo, etc. We started with 5 employees and today we have over 150 employees. We have been growing at a rate of 40% per year in terms of turnover. The typical duration of our contracts is 1 year and they are on an auto-renewal basis. All the employees are under our own payroll. We have 50 employees each in the housekeeping, maintenance, and kitchen departments.

We provide affordable architecture & interior design services using 3D modelling to our clients. - Once we create a design for the house, we also provide supervision services to our clients in order to ensure that the construction is in sync with our architectural design. - Average life of design projects is 1 month but supervision projects can vary between 1 month to 6 months. Full payment is received at the initiation. - We get anywhere between 20 to 25 clients for both these services per month. 80 percent of our revenue is through design & supervision. - Our business does not provide construction & developing services. We outsource such contracts to other contractors who pay us a fixed 5 percent of the project's value as a commission fee. No contracts exist with such contractors. - We outsource 2-3 such contracts per month which contribute to over 20 percent of our net revenue. - During the second wave of the pandemic, we did not receive many orders for either of our services that decreased our revenue. We still had to pay rent, salaries, software subscription fees and other fixed costs which depleted our reserves. - However, the demand has now picked up. We require the investment to start another office and expand our operations to meet the increased demand.

Company is registered as a property management firm but it's yet to start offering property management services. We currently function as a waterproofing contractor. - Over the years, we have served 500+ individual house owners across Kerala. - Apart from serving individual clients, we also undertake waterproofing projects of high-rise buildings. Have completed 1 project in Bangalore (Karnataka) and are currently working on another project in Kerala. - Revenue split: Generate 80% of revenue from high-rise building projects and remaining 20% from individual clients. - Our office is located in Kochi and we have 7 permanent employees. To execute any project, we send 1 employee on site and source temporary workers / labours locally. - To expand our waterproofing segment, we plan to set up satellite offices in Calicut, Trivandrum and Bangalore. We are yet to identify the office location. - We also plan to kick-start our property management services. In this segment, we will provide security, housekeeping and maintenance services for individual houses or commercial properties. We are yet to start the marketing & promotion of this segment. - Founder has 7 years of experience in this industry.

We are engaged in architectural designing and that includes interior designing, landscaping and the complete execution of the entire project. - Have worked on over 25 projects till date and have 4 projects running. We specialize in executing residential projects. On average, we take 4-5 months to complete a project and we have a profit of anywhere between 15-25 percent depending on the project. - We have over 10-15 suppliers of raw materials and have 1 employee devoted for digital marketing. - On average, we hire 4 site supervisors and 50 contract labourers per project. - Promoter has over 7 years of experience in this particular segment.