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Popular with tourists and locals alike, this shrimp and burger plate provider is an important stop on the island tour. Ready for growth and a new location, the seller is willing to advise on best options for the next location and wants to make sure the tradition continues and grows to the next level.
The seller has managed both AOAO and HOA properties for over 15 years and provides a boutique service to its clients. The buyer is looking for an established property management company already in the Maui market to enhance the retention of clients. The seller has a few options for potential buyers Option 1: The buyer can elect to purchase only the accounts. Meaning none of the assets, employees, or facilities are included. This option is best suited for existing Maui property management companies that have the bandwidth to acquire additional business and use their own cost structure to generate a profit. Option 2: The buyer can elect to purchase the business in its entirety. This would include business assets, and the ability to lease or purchase the commercial building the company currently operates out of. The employees may also retire and not be willing to stay on for very long after the purchase. This option is best suited for an owner operator with brokerage, AOAO, and HOA experience and needs infrastructure to expand their current operations.
Our client is a managed services provider, located in one of the most desirable locations in the United States. They focus on voice and data solutions, cloud services (including cloud web hosting), domain registration/management, and IP camera security. Their services include cloud-based circuit, firewall/security, system maintenance, phones, communications, hosting and data backups. Our client has built strategic partnerships with key vendors, providing customers serious advantages. They have 25 years of experience implementing excellent managed services packages and providing fast response and reliable solutions. The Seller has hundreds of clients with recurring revenues of about $120,000 per month (in 2022). Their recurring revenue increased in 2023 and they are on track for an increase in monthly recurring revenue in 2024. Our client is a service company, in the Managed Services industry. Virtually all their business is recurring; most customers pay on a monthly basis. They take an “outside in” approach. Their services include cloud-based circuit, firewall/security, system maintenance, phones, communications, hosting and data backups and much more. They have a robust ticket system and dedicated phone support system with emergency service protocols. Our seller’s ideal for the Company consists of providing fast response and great employees.
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