Facility Maintenance Staffing For the Health Care Industry

Denver, CO (Denver County)

Seller Financing Available
Facility Maintenance Staffing For the Health Care Industry

Asking Price:$600,000

Cash Flow:$364,889

Gross Revenue:$1,051,830

EBITDA:N/A

FF&E:$9,000

Inventory:N/A

Established:2010

Facility Maintenance Staffing For the Health Care Industry

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Business Description

The basic operation of the company is the 5 contracts that they have with various health organizations that operate on large campuses. This accounts for approximately 25% to 30% of the annual gross income. These contracts are usually for basic services that can be performed by semi-skilled labor. Some contracts require an individual to be on the premises and available during working hours. In addition to preforming the basic daily tasks as required the individual will check for work orders and additional jobs for them to do. The additional jobs not covered in the basic contracts are largest source of the company’s income. Frequently these are small no-bid jobs are simply preformed from a work order. Those additional jobs usually require additional personnel. They have a group of employees they use to fulfill most of those requirements. If the job is beyond the capabilities of their employees they will sub contract the job. In 2015 sub contract costs were approximately fifteen percent of gross sales. If special equipment is required it is rented as needed.

The above Gross Sales & Cash Flow is a projection based on January - July of 2016 with Gross Sales of $613,568 and Cash Flow of $212,852 for those 7 months.

HIGH LIGHTS

• Business to Business
• Owner financing assistance available to qualified purchaser
• Substantial discount in purchase price for cash
• In business over 5 years
• Long very profitable history
• Excellent name recognition in the market place
• Established reputation of superior client satisfaction
• Owner is willing to stay and train the new owner, as needed for up to 30 days, to ensure a smooth transition
• Solid business model in place
• Longevity with well trained and experienced staff
• Fast growing business
• Excellent potential for additional growth
• Loyal customer base
• Leader in the marketplace
• Current owners operates the business from his home on a mobile basis, contributing to the low overhead
• Established reputation within a niche industry
• Trained staff
• Significant opportunities for long-term growth

Detailed Information

Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is local based company that operates from home offices and mobile bases. This has allowed them to keep their overhead low thereby being more competitive. This method of operation also provides for timely services to their clients.
Financing:
Seller will consider carrying for a well qualified Purchaser
Support & Training:
30 days
Reason for Selling:
The owners have started other businesses

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Leon Niemann,CBI, Fellow of the IBBA

Business Listed By:
Leon Niemann,CBI, Fellow of the IBBA

American Business Brokers, Inc.

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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