Cruise Ship Security Installation & Trademarked Cleaning Product

FL

Cruise Ship Security Installation & Trademarked Cleaning Product

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,913,000

EBITDA:$254,000

FF&E:N/A

Inventory:N/A

Established:N/A

Cruise Ship Security Installation & Trademarked Cleaning Product

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Business Description

The company installs closed-circuit televisions (CCTV) for security and provides window cleaning and maintenance services for major cruise liners. The company has a trademarked, proprietary line of cleaning products that are manufactured in-house. The approximate revenue breakdown for CY 2015: CCTV (65%), glass products/services (25%), and miscellaneous (alarm and fire prevention software sales: 10%)

Key Aspects
· Listed as an approved vendor with major cruise liners
· Existing customer relationships span nearly two decades
· Trademarked glass cleaning product line
· Completed work on between 60-100 ships
· Well-respected in the industry for quality products and installs
· Diverse revenue streams
· Able to operate the business remotely
· Operating in a thriving market (cruise industry)
· International network of professional crew

Detailed Information

Facilities:
· The company operates from a 2,700 sq. ft. facility leased from an affiliated entity. · The owner is open to selling the building or entering into a long-term lease.
Growth & Expansion:
· Hire additional personnel to pursue a higher volume of projects · Increase product sales of proprietary cleaner formula · Develop a sales and marketing plan
Support & Training:
The owner has been heavily-involved in the business over the last 19 years and would like to relinquish some of the day-to-day responsibilities. He is open to remaining with the company at a consultancy level or for a handover period depending on the deal structure.

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Dara Shareef

Business Listed By:
Dara Shareef

Benchmark International

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Emily Cogley

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