Highly profitable 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. Clients include large Medical Health Care companies to mid and small size medical companies. The company benefits from this Niche Space with high profit margins (20-25%) and quick turnaround jobs (60-90 days) with average 30-45 accounts receivable payments.
This company has 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 renewed based on the company’s past performance with the client. There is a large pipeline of work in place with this client and the seller expects this relationship to continue. As per the seller, this client has indicated that they will work with a new owner during a transition period and seller will train and stay on to assure a smooth transition. The company also works with other clients including RIETs who own large apartment complexes in West LA plus other Medical related property management companies. The company has an impressive overall pipeline of signed projects in place.
The sellers will 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. The owners will also consider acting as a consultant on an hourly rate, as needed, as well as act as a RME for license purposes which are B / GC / C-42. This business is currently being operated from the seller’s home but can be relocated anywhere in the greater Los Angeles County area. The cash flow factors in a $2,500/month or $30,000/year rent expense.
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.