Rapid Growth Tech Business - Hotel Panic Button

Doral, FL

Remote-Based Business

Asking Price: Annual Revenue:
$600,000 Not Disclosed

Technology: Business Services (B2B)

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RE: Rapid Growth Tech Business - Hotel Panic Button Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $600,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 3
Employees: 2
BBN Listing #: 392663852
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Bunker 360 is a technology company spinning off and selling its “Hotel Panic Button,” business unit. The Hotel Panic Button is an innovative technology that is leverage state laws regulating such safety devices in the hospitality industry. Furthermore, major corporations such Hilton, IHG, and Marriot are implementing corporate policies requiring all hotels to have the Hotel Panic Button. The business is currently profitable, with immense room for expansion into new marketing and industries. You can think of the Hotel Panic Button like a Fire Alarm, it is standard for all buildings.

This a great business opportunity for an acquirer with the resources and capabilities to implement business development and marketing campaigns. The business assets include the current books of business, customer lists, technology, and the intellectual property for the Hotel Panic Button System. The market is not yet saturated with other players and competition. With strategic marketing, increased sales staff, and improved operational efficiency this business can capture exponential growth. The current ownership team has a carved a pricing model and structure no other competitor can match. The Hotel Panic Button cost effectiveness is a competitive advantage that a new owner can exploit.

Currently business has over 150 clients in five states, the business started in 2019. In 2022, as more states make legislation requiring hotel operators to have the Hotel Panic Button the new customer acquisition opportunities are plentiful. This unique product provides safety and security for employees and staff in multiple industries. Current sales efforts have a nearly 100% close rate. Each sales presentation delivered has resulted in the a close the Hotel Panic Button business. Accordingly, the company has already benefited from referrals in two main ways – both from current customers and customers that wish to use the service in the future.

The business model has annual recurring revenue streams from the monthly subscription each customer pays. Also, there are implementation fees for each install and new customer. The business has an established relationship with the manufacturer of the panic button itself and has no supply chain issues. This year, the company will be rolling out an updated panic button. Furthermore, the company has a lean structure with two full-time employees, an outsourced call center in the Philippines, and minimal overhead expenses for the new owner.

The issue of employee and workplace safety is becoming increasingly mandated to ensure the staff members are not in harm’s way. Employee safety devices (ESD’s) or panic buttons for hotel housekeepers are currently applicable to all hotels in Seattle, New Jersey (NJ), New York, Miami Beach, and Chicago. Failing to abide by the legislation will result in fines and notices of violations against the hotel property.

An employee panic device is a mechanism to communicate to nominated members of the team to ensure employee safety, security, and workplace wellbeing. The American Hotel & Lodging Association (AHLA), along with major hotel brands, has pledged to provide hotel employees across the U.S. with employee safety devices and to be in compliance with the law part of their program called the 5-Star Promise to help enhance the safety and security of hotel workers.

Our solution allows employees to deploy there, already existing resources to the exact location of the emergency within seconds of an alert and help to resolve the issue. Bunker 360 solution is available for reception, front desk, concierge services, customer service representatives, nighttime employees, professional services employees, delivery area employees, remote working, employees, teenagers, students, and senior adults. With the right security practices and protocols, the resolution can be swift.

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Property Features and Assets:

Remote-based company. The new ownership team must have a plan in place to service clients across the country.

Market Competition and Expansion:

This is growing product in the hospitality industry due state and corporate legislation and policy. There are barriers to entry as you must have the technology to deliver the service. The market place is not yet saturated with smaller players. AT&T does have an offering, but does not appear to negatively impact business performance.

Reason for Selling:

Current owner is focused on software development.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This may become a franchise resale opportunity.

Relevant Links:

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