This opportunity is presently under exclusive LOI and therefore cannot be discussed. Please enter your information below and we will contact you should the opportunity become available in the future.
As reported by USA Today, this profitable Company developed a unique product and system to solve a problem in the high-end hotel industry. Ownership is looking to retain the product manufacturing but sell the management Company to an experienced operator with the ambition and skills to grow it rapidly.
As a virtually-managed business, the Company offers a unique opportunity to be operated entirely via smart phone and computer. Despite this, the present owner has grown weary of managing the company day-to-day and is wired much more for entrepreneurial endeavors that have recently presented themselves.
The business is operated from the home office of the owners and could easily be relocated anywhere in the world.
- Nashville, Austin, and Atlanta are all cities with the ideal demographics to drive strong demand for the Company’s services. The owner recommends that these locations be prioritized for future expansion. Marriott, Hyatt and Hilton all operate high-end hotels in these cities.
Financial Summary
2015Â Tax Return
Revenue: $249,419
Net Income: $141,732
Cash Flow: $145,879
Asking Price is 3.5x Cash Flow: $510,000
- As reported by USA Today, this profitable Company developed a unique product and system to solve a problem in the high-end hotel industry.
Investment Highlights
Compelling Business Model – The Company offers a unique service/model that has attracted the attention of high-end hotel management companies. The business model could very rapidly be introduced to other management firms and chains around the world. The present owners do not wish to become more involved in managing the day-to-day operations and have thus not pursued further growth.
Scalable – The Company’s business model allows for rapid expansion with minimal upfront or fixed costs. This potential for scalability is possible for two reasons:
- Franchise Model – Initially, the Company was designed to be a franchise and for this reason the Company has extensive written and video reference material for its various protocols and systems.
- Technology – With the effective use of technology, the Company is managed remotely from Grand Rapids, MI.
Established Relationships with Large Hotel Chains – The Company has well-established relationships with various hotel chains.
- With the effective use of technology, the Company is managed remotely from Grand Rapids, MI.
Growth Opportunities
Geographic Expansion – Nashville, Austin, and Atlanta are all cities with the ideal demographics to drive strong demand for the Company’s services. The owner recommends that these locations be prioritized for future expansion. Marriott, Hyatt and Hilton all operate high-end hotels in these cities.
Retail Sales – Selling products to end-use customers is another potential source of revenue.
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Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact us at [email protected] with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and have a brief introductory phone call with a broker. Inquire today about this proprietary manufacturing product line for sale!