Maintenance company investment opportunity

Asking price

1,115,000,000 VND

EQUITY

20%

Net profit

Upon request

Turnover

640,000,000 VND

Ownership

Vietnamese owned

Licenses

ERC

Sector

Services

Maintenance company investment opportunity

What is on offer?

  • The founders are looking to raise up to USD 50,000 investment in return for 20% equity, negotiable. The exact amount and percentage will depend, among other things, on what other value an investor is willing (and capable) to bring to the table.
  • This company offers various maintenance-, cleaning-, repair-, and installation services for electrical machines such as air-conditioners, washing machines, and refrigerators.
  • In-house technicians with various levels of skill and experience can be booked anywhere in Ho Chi Minh City via their functional website, a good social media presence, and soon also via a mobile app.
  • Started 2 years ago in HCMC, looking to expand to other cities in Vietnam within the next few years.
  • So far the company has serviced around 1,000 customers, including Vietnamese and foreigners. Started with B2C, but since a few months also venturing into the B2B field.
  • Offering prompt services with transparent pricing and easy booking.
  • This business is already registered as a multi – member limited liability company in Ho Chi Minh City, and the owners are looking to raise investment in order to: develop a mobile app, do more marketing and promoting, and further develop their team and their working processes.
  • Pitch deck, financial overview for 2022, and further details upon request for interested parties.

Unique selling points:

  • Operational for 1 – 2 years already, during which the founders have tested their services on ~ 1,000 jobs, studied the market, and prepared for the next steps.
  • A very ambitious, hard – working, service – oriented team with management experience and in – house, great quality technical staff.
  • Operating in a huge market with great potential: only in Ho Chi Minh City there are already millions ( = literally) of households, offices, restaurants, hotels, etcetera. They all need regular maintenance, cleaning, and repair for their air – conditioners, washing machines, and refrigerators meaning this could be a great investment opportunity.
  • Functional website and a mobile app in the pipeline.
  • In case of a foreign investor, the Vietnamese founders are willing to explore the possibilities to sponsor them with a business – sponsored visa.

Potential:

Online booking sites and mobile apps are nowadays very popular for service companies in all fields. The founders of this business have clearly understood that. They have carefully studied the market and their competitors, and they have a clear idea of where they want to be and how to get there. Starting in Ho Chi Minh City, with already ~ 1,000 jobs completed and very good reviews, they are looking to conquer a big part of the market and expand to other cities in Vietnam.

In the beginning, they were only working with air conditioners, B2C. But the team is consistently looking to adapt to their customers demands, and they are now also doing washing machines, refrigerators, B2B, cleaning, maintaining, installing, etcetera. The market is big, and of course it does not only include household appliances, but also for offices, restaurants, and much more.

The founders have big plans, they are working with many big name sales partners, and they are already starting to make their first (modest) profits. Indeed: this could be an interesting opportunity to jump on board of a promising tech – based company, while also making use (if needed) of the opportunity to be sponsored with a long time visa for Vietnam.

Further information:

Are you interested in this investment opportunity? Would you like to learn more about this business, for example their pitch deck and/or their financial forecast? Do you have any further questions, and/or would you like to organise a meeting with the founders: click the “contact button” in the top right corner or send us an e-mail at admin@bizspective.com . We look forward to hearing from you!

*Disclaimer:

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