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Businesses For Sale

Accomplished Hospitality Service Company in Houston

Listing Agent:


Marcia Bowron

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Available

Listing: # 8273

Price: $ 950,000

Location: Houston

Listing Profile

Classification:

Service Business

Purchase Price: $950,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $950,000
Down Payment Required: $475,000
Gross Revenue: $1,729,173
Discretionary Earnings: $393,081
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2010
Monthly Rent: $0
Reason for Sale: 2nd business he owns needs his complete focus.
Employees(Full): 65
Employees(P/T): 15

Reason for Sale:
2nd business he owns needs his complete focus.


Description:
This highly successful hospitality services company in which provided services include valet parking, security, front desk receptionist/concierge, and drivers for high rises and retirement communities is now available for acquisition. Business is easily relocated to your area of Houston. They do contracted service for 9 clients/facilities and their special events business is just now starting up again after COVID made this portion of the business drop off. Security Services are in high demand and this established Security Services unit could be used to expand security services offering on a broader market basis. Each employee of this unit is certified and state licensed to perform the work. This business has provided 5-Star contracted services for many of these clients for over 6-7 years. Seller only spends 5-10 hours/wk in business as he has second business that requires his focus and he has not been able to focus on growing this one as much as a new buyer would be able to. With an extensive screening, on-boarding, and training process for all staff this company takes great care with selecting individuals to work on their team to ensure the highest level of customer service. Approximately 7% of revenues come from driving, 15% concierge, 23% valet parking, 45% security services. A salesperson or focus on advertising/marketing would increase revenues above the 1.7mil currently achieved.

Contact Marcia Bowron