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Their client mix is 85% multi-family housing/apartments, 10% single family homes (multi-unit), and 5% commercial made up of Property Investors, focused in multifamily living. The organization has developed a reputable presence, by serving Milwaukee & Kenosha Wisconsin. The well-developed management team includes a Controller, two Senior Vice Presidents and a Superintendent. There are also 3 Property Managers, 3 in Maintenance, and 1 Office Administrator. The owner oversees his leadership team and will do some site sourcing, as he still finds that enjoyable. His staff handles the day-to-day operations. As a show of good faith and vested interest in the ongoing success of the company the owner has offered to roll equity for up to 25% and provide a 4–5-year transition period. The acquisition includes about $450,000 in assets which are company vehicles, deposits, and AR. A 15 year established property management firm where the owner is seeking a strategic minded buyer with business acumen. Priced at $3,100,000, a 10% down payment will return $366,402 in the first year after debt payments. A 118% return on investment! Two banks have already pre approved this loan for a qualified buyer with only 10% down and 65% from a lender.
This transportation and distribution business operates in an industry that is continually high in demand as they handle food products that require a refrigerated and/or climate-controlled environment. This consistency has led to the business seeing continual year over year growth in their gross sales, including in 2020 when many companies struggled to continue their operation. This company boasts an impressive 85% repeat customer base and over 30 years of experience in their industry. While they primarily handle food transportation, they also offer warehousing services which makes up 10% of their annual revenue. There is an abundance of space allotted for physical expansion in their 20,000 square foot facility – 18,800 square feet of this space is for warehousing, with 1,200 square feet being utilized as an office space. Having been extremely well established, this business has accumulated an excellent reputation and industry leading staff. Their team is made up of 28 employees: 3 team leads, 2 dispatchers, 13 long haul drivers, 4 local drivers, and 6 warehouse workers. This full team allows them to self-perform all of their deliveries and eliminates any need for outside contractors. The purchase of this business includes over $1.3M in assets, including nearly $700,000 in vehicles and equipment, along with $600,000 in working capital. The services provided are 100% B2B, serving food production companies all over the US. Some of these clients have been around since shortly after the company’s inception in 1989! Even with the heavy percentage of repeating clients, their annual revenue is widely distributed across several different clients, resulting in minimal customer concentration. They also consistently add new clients to the mix as well, allowing for year over year growth in revenue over the last several years. While both owners do have some involvement in the business, both are committed to seeing the business continue successfully and would be willing to stay on for 1-3 years post-close. During this time, they will train and transition the business to new ownership, while also finding and training any replacement needed. To further demonstrate their vested dedication in the ongoing success of this business, they are willing to offer a seller carry rate of 15%, which is above the industry standard of 10%.Priced at $3,415,000, this business is ready for new ownership to take over and continue the pattern of growth to build on their current long-standing legacy.
We are selling an Independent Diagnostic Testing Facility Medicare provider # (IDTF) certificate to operate, approved by Dept of Health as well. It is a 'license'sale with certification license as a sole value. You can get paid from Medicare and private insurances for any medical test you perform. Elderly market is on the up rise. Medicare pays well for many tests. You can do mobile tests, across the State, which means you can deliver the testing equipment such as sonogram or other types to the Doctor office and get paid directly from patient's insurance. Most Doctors don’t have ALL the testing equipment of their own, so you can offer thosetypes that they are missing. Doctor makes money off your tests as well, since Doctor gets to treat the diagnosed condition, without spending money on equipment, and without sending his patients outside his practice. SHELL COMPANY ONLY, NO REVENUES. LEGAL STRUCTURE IS WHATS OF VALUE. PROCESS TAKES OVER A YEAR AND AT LEAST AS MUCH IN EXPENSES AND LEGAL FEES AS THE ASKING PRICE. PORTABLE AND MOBILE. CAN OPERATE ANYWHERE IN STATE.
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