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Facility Management Company for Sale in Mumbai, India

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

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.9 million
EBITDA Margin 0 - 10 %
Industries Facility Management
Locations  Mumbai
Local Time 12:54 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
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.
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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.

Assets Overview

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

Facilities Overview

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

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.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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