Construction - Turnkey op. - mobility solutions

Not Disclosed, NM

Asking Price: Annual Revenue:
$159,000 $217,000

Services: Construction, Contractors

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RE: Construction - Turnkey op. - mobility solutions Broker: Jim Eaton
Owner Financing is Available!
Partial seller financing is available to qualified buyers.

Quick Facts

Asking Price: $159,000
Annual Revenue: $217,000
Net Profit: Not Disclosed
Cash Flow: $66,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2001
Employees: 1
BBN Listing #: 758551579
Broker Reference #: Not Disclosed

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Business Overview:

This Company installs equipment that helps people achieve greater quality of life in a high margin business with excellent growth potential! This business provides and installs mobility equipment that can help aging Baby Boomers, who value their independence, to stay in their homes longer. Some 70% of seniors who wish to remain in their homes will require some sort of mobility assistance to do so. The business is also a strong player in the installation and preventative maintenance markets for lifts in medical facilities in New Mexico and is affiliated with leading brands of mobility products. Increased emphasis on worker safety in medical facilities, due to concern over injuries from lifting and moving patients has led to directives that encourage or require lift systems in medical facilities.

This business has multiple streams of income including design and installation of equipment in medical facilities, public buildings and residential markets, and a growing book of preventative maintenance contracts with commercial and medical facilities.
Additionally, the Company installs in residences stair climbers and elevators.

The Company installs the top equipment in the market place and has a preferred relationship with the manufactures of this equipment.
It’s important to understanding gross revenue that it includes only installation service costs and not the cost of the equipment being installed. The manufacture of the equipment sells it directly to the customer. This reduces the cost of inventory to just some spare parts. Also, the working capital required for this business does not include the cost of accounts receivable for the equipment part of the business.

Sub-contractors are used on an as needed basis to provide the installation. The Company has several skilled and well trained sub-contractors to call on for jobs.

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Property Features and Assets:

The business is in leased office space and has recently subleased part of the space for $7,200 which because this is in 2018, it has not been added to the revenue or cash flow for the business.

Market Competition and Expansion:

Expansion opportunities will be discussed upon receipt of a non-disclosure agreement.

Reason for Selling:

Pursue other business opportunity.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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