LITTLE WORK-Medical Records Storage-More-WOW ASSETS!!!!!!

Ranger, TX (Eastland County)

Seller Financing Available
LITTLE WORK-Medical Records Storage-More-WOW ASSETS!!!!!!

Asking Price:$550,000

Cash Flow:$61,734

Gross Revenue:$64,980

EBITDA:N/A

FF&E:$400,000

Inventory:N/A

Real Estate:$250,000

Established:2001

LITTLE WORK-Medical Records Storage-More-WOW ASSETS!!!!!!

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Business Description

Imagine this---Currently the owner is working a maximum of 8 hours per week and is earning $148 Per hour. Add Extra incomes and the fact that YOU OWN the BUILDINGS etc. and WELL-GOLD MINE!!

This is an amazing situation that offers some solid and diverse opportunities.

The main business is a Medical Record Archiving and Retrieval Business. It has approx. 35,000 sq. ft. of medical records with some of the largest imaging and surgical centers in the DFW area.

There are two buildings included in the sale. The Top 2 Floors of the Four story building are ready to convert to dormitory style apartments. Approximate cost to remodel is on $5 to $7 thousand per apartment, these could be converted into 38 family/senior/college apartments.

There is a Pizza Restaurant on the main floor of one of the buildings. It is fully equipped and ready to open. This could be run by the new owner, or there is an independent contractor ready to manage it now. (Closest Pizza Restaurant is 30 miles away). This would bring in some great additional income. WOW!!!

Next, there is $300,000 worth of Silver Recovery X Ray Film that can be sold.

So let’s talk about value. Two buildings, with ready income, extra income from renting out the restaurant, selling the film, and still have the Medical Records Storage.

This is a real no brainer. An owner can walk in, have their investment totally covered with assets, do basically nothing and make $60,000 per year.

IF a new owner is ambitious, think about all the possibilities with renting out 38 Living Rentals??????

Do not miss seeing this; it has so many different, SOLID PROFIT CENTERS.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business comes with two buildings. One is a 4 story building that has 45,000 sq. ft. on a zero lot. It has a 3,000 sq. ft. Pizza Restaurant on part of the main floor. The other building is a 3 story building that is 15,000 sq. ft. on 2.3 acres. The buildings are valued at $250,000. (All Sizes Are Approximate)
Competition:
There are 3 or 4 Medical Records and Storage Retrieval facilities
Growth & Expansion:
Could easily increase by 50 – 100%
Financing:
With $125k Down
Support & Training:
The owner will provide 1-2 months of free on-site training, as well as up to 6 months of free phone consultation on an as needed basis.
Reason for Selling:
Retiring

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