Highly profitable and priced to sell - Construction Service business that is highly respected and specializes in tenant improvements and/or build outs of medical facilities including medical offices, clinics, urgent care clinics, labs, X-Ray facilities, procedure rooms or other non-hospital facilities. In business since 1999 and is known as an expert in this niche space that is extremely difficult to get into. Clients include large Medical Health Care companies to mid and small size medical companies. The company benefits from this Niche Space with higher profit margins (20-25%) and quick turnaround jobs with an average 30+/- day accounts receivable payment.
This company has a signed contract as a preferred vendor with a large, major Medical Health Care company. This contract is typically on a two-year term and has been consistently renewed based on the company’s past performance with the client. The company also works with other clients including large apartment complexes in West LA, high end corporate office spaces (primarily in the tech industry) plus other Medical related facilities. The company has an strong and impressive pipeline of signed projects in place and 2018 gross revenue and cash flow is trending higher than 2017. All of this is from word of mouth or referrals and virtually no marketing. The seller feels that he can transfer this business along with the current client base to the right buyer with no issues. Seller will also consider a long-term transition and provide seller finance for a qualified buyer with a significant down payment and ample training as part of the purchase price to assure the buyer’s success. Buyer should be licensed or in the process of obtaining their license or have a partner with a license. The company currently holds a B / GC / C-42.
This business can be relocated anywhere within the greater Los Angeles County area. The company has excellent books and records as well as highly trained employees including licensed foreman and crews. This is an excellent opportunity for the right buyer to talk over a highly successful construction service business with an excellent reputation in a high margin niche space.
Please note this is a confidential matter and NO additional information will be provided until a Confidentiality Agreement and background information has been submitted plus proof of funds of no less than $250,000. Please hit the reply button or contact Matt Coletta at firstname.lastname@example.org to receive a confidentiality agreement and learn more about this opportunity to purchase a highly profitable construction service business.
Home Based. Can operate anywhere in the greater LA area.
Seller to discuss
Seller to discuss
Seller will provide training at no cost to qualified buyer.