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.
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.
Asking Price $435,000
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