Facility Management Business for Part-sale in Bangalore
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This is a private limited company with it's headquarters in Bangalore and existence in entire Andhra Pradesh. The company is into providing cleaning, maintenance, and security services. They are looking to expand their operations in the neighbouring states. Currently, the business has three operating models:
1. AMC model for corporates and commercial clients
2. B2C model
3. Online model
It has contracts with the residential & commercial complexes, few big corporates and SMEs. The business was initiated in June 2013 and since then it has been growing well. At the end of the first financial year the turnover was INR 1.75 crores while last year it was INR 4.63 Crores. By the end of this financial year the turnover is expected to be around INR 7.05 crores.
The company wants an investment of around INR 5 Crores and is ready to give out 33% of its equity in lieu. The investment amount will be spent on expansion, building the app for online orders and increasing the team size.
Reason
We require investment to expand our business area and reach to maximum customer.
Keywords
₹10 to ₹200 Cr
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