Description

The company provides project management, facility support, and janitorial, consulting and advisory services to federal, state, and local governments. The company has successfully completed 37 long-term contracts since inception and currently has four multiyear government contracts in place worth $58.8M.

Key Aspects
· Monthly recurring revenue streams from long-term government contracts
· Significant year-over-year revenue growth; rates ranging from 18% to 41% for the period 12/31/2011 through 12/31/2015
· High bid success rate due to long-term relationships with several government agencies
· Experienced, on-site project managers responsible for the day-to-day operations
· Utilize proprietary laundry management software and systems, increasing efficiencies
· Strong employee base of over 300, allowing the company to target large-scale project and ramp-up operations quickly

Opportunities
· Infrastructure in place to scale the business and target large facility support contracts
· Leverage the company's relationships with government entities to secure additional contracts
· Expand client base and accelerate growth by targeting commercial market
· Utilize proprietary laundry management software to attract additional clients and create a competitive advantage

Market Currently Served
Federal, state, and local governments

Real Estate
The company leases a 2,000 sq. ft. of office space from an unrelated third party.

Shareholder/ Owner Objectives
The sole shareholder is interested in exploring his options and open to various deal structures. He is available for a transition period if needed to assist new ownership with growth and expansion initiatives.

Register now to learn more about this business. Registration is free and takes only a few seconds.

Register Now

Already a DealStream member? .