Founded in 2018 Existing long term service and maintenance and leasing contract with customers, monthly recurring income is $30000 and growing. 2 full time employees, 1 warehouse, inventory for spare parts. No knowledge in the industry required to takeover the business, the existing 2 staffs are capable to run the show, if the buyer is not considering to expand the business. Potential growth: 1. Growing market and customer base for maintenance requirements 2. Expand into other equipment repair and service 3. Introduce new products (eg. software) to the existing customers Customer range: F&B, hospitality, healthcare, industrial, education. Transfer the leasing, service and maintenance department. 100% recurring revenue.
The owner will keep the sales department and continue to do the sales and at the meantime divert into other business, after sales support of new businesses will be handed over (pay for service) to the leasing and maintenance dept, and renewal belongs to the leasing and maintenance dept.
Business Operation
nil
Facilities
Almost no competition
Competition
1. Growing market and customer base for maintenance requirements 2. Expand into other equipment repair and service 3. Introduce new products (eg. software) to the existing customers
Expansion Potential
After takeover, seller can work closely with the buyer, like sister company, or buyer can choose to seperate completely with a period of handover.
Singapore