|
Facility service companies, mostly janitorial services. I do other facility services such as remodels and repairs, lawn, painting, etc...Over the years, have built companies in new markets then sold after about 10 years. Private equity loves companies that have high cash flow. Have used that cash to buy very nice rental properties. If I knew how well those would turn out, would have doubled down on them.
Typically, break even after 120 days. 5 year mark, 500K net. 10 year is amazing. Not for the faint of heart. If you are not selling, you are dying!
|