A mid-sized electrical contractor had real estate -- and business growth -- questions. Can I afford to buy and should I? The client didn't know if he could find a property that fit his operational needs and fit within his business budget. He needed a transition into a similarly sized building with a small equipment yard that kept him close to town.
Our Approach
Review of business plan and operations
After a careful diagnosis of the clients cash flow and operational needs, Three West presented several site options based on the client's budget, ideal geography, site needs, and more. One possible site in particular emerged as an ideal location, but on-site environmental issues stood in the way of a clean purchase. Three West was able to work with the seller and Environmental Engineering company to remedy the site as a contingency to closing and reduce the purchase price.
The Result
Bigger Building, Similar Payment
When the transaction closed, the client had a new, larger building ideal for expansion, a location closer to its customers, and an equity investment with a payment virtually the same as before.
Testimonial
"Outstanding Service"
"I just wanted to commend the team at Three West for their outstanding service to me during and after my search for a new commercial building for my business. It was a great feeling to know that shortly after I contacted you with the information with the type of facility I was looking for, that you notified me in less than two days with a lead, that did in fact be the perfect fit. I feel that your experience, and I would call it “above and beyond” efforts, to ensure that I received a buyers comfort level was nothing less than extraordinary. I cannot thank the Three West’s staff enough for finding my business a 'home' that will work for many years to come. Thank you."
