Aura Enterprises

Asking for $100k to buy this business, which includes some working capital, that works with property management companies to service their cleaning/handyman/lawn care/painting/snow removal needs. As of right now it is an owner operator business and they do essentially no marketing. They also only works with property management companies getting contracts with a right to work for a year, and accepts jobs as they come. This leaves a lot of potential to improve cash flow and bring in more business overall. As of right now the business is doing roughly $155k in revenue annually with the owners net being $85k. Owner has it listed for $70k, looking to buy the business for around  $55k-$60k. Once purchased the following changes will be made to improve cashflow and expand. 

1) First step would be to expand on marketing. Right now the only marketing being done is texts, email newsletters, and word of mouth, plus the target market is strictly property management companies. Expanding to work with vacation rental home owners and rental home owners, could bring in lots of additional opportunities to increase revenue. They could be reached with paid advertising on LinkedIn, Facebook, Twitter, TikTok, Instagram, and Google Ads. This small change in strategy could potentially more than double income within the next year. 

2) Secondly, the contracts are structured where they are getting paid per job. This would change to a monthly subscription based off of average costs of services needed, where clients can select bundles of services at various levels of accessibility and pay a monthly fee for all work done. This will help simplify costs for property owners and help simplify projections and revenue on our end. Allowing us to create easy metrics and then set realistic goals based on data we receive from marketing efforts. 

3) Third step would be to continue to expand to new markets. Right now the main focus is on the CLT area but expanding all over NC as well as SC is already plausible with the established infrastructure. They have already started expanding to CA, in the San Diego area, which could have lots of potential as well. And since the work is subcontracted, plans for expansion across states is very feasible. Even in the existing areas of business, there is a lot of room for growth over the next two years that make this a really attractive business, as the RTP and RDU areas are expanding at a rapid pace. 

We are a new company looking to get into the realm of buying and flipping existing businesses. We have a small team of consultants who are fresh with new ideas and hungry for high payoff opportunities. This will be our first venture with this new company but we are fully confident in our experience and process for improving businesses that we have gathered from prior work. We look forward to working with any investors who are looking to generate solid returns and create a longstanding mutually beneficial relationship. Ideally we would like to work with one investor for this opportunity but we welcome all offers and ideas.