Technology Driven Home Maintenance & Services Business

Asking Price:$600,000 Gross Income:$1,000,000 Cash Flow:$360,000
EBITDA: FF&E:$30,000 Inventory:
Real Estate: Established:2012 Employees:20

Business Description

Potentially a SaaS goldmine disguised as a home improvement business, the company provides a variety of home related maintenance solutions to a broad base of approximately 8,500 clients spread across the greater Toronto servicing region. The Company has created a best of breed technology stack that provides a fully integrated scheduling, CRM, back end work execution and real time administrative solution. Upside exists for those that could pursue a licensing/SaaS model to similar players throughout Canada and just bank a gang of monthly recurring revenue if desired. Present home maintenance model is a fully compliant employer / employee operation with full spread of insurances, licensing, and the staff are paid an override on each job to back in to their hourly rate. Vehicles are wrapped and the staff wear high end uniforms for the most professional public facing presence in the region. Ideal situation is a partial equity buy out of the principal shareholder that is the primary business development and marketing person while the primary operations and services head would remain. Enterprise value quoted in the Asking Price is based off of a 100% sale, so we would back into structures accordingly. However, the primary shareholder has full authority to transact and sell the whole enchilada should the Buyer decide to pursue a complete buyout. NDA is required for comprehensive Confidential Information Memorandum crafted by Ace Business Brokers, Inc.

Additional Features

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Turnkey office space with significant investments into the premises.

Competition: Pretty competitive but the highly optimized technology within the organization allows them to fire on all cylinders and destroy their competition in quality of services delivered, punctuality, basically all the applicable KPI’s for this industry.

Growth & Expansion: Sublicense the technology stack to similar home improvement businesses to create a SaaS company.

Support & Training: As needed.

Reason for Selling: Other business interests.

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<h3><c>Ace Business Brokers NDA &amp; Buyer Profile</c></h3>

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