Child Care Center/ Est. 2011 – Roswell GA – SOLD

Established in 2011 in a prime location in Roswell GA as a day care for babies.This is considered a high-end service as they only care for 8 babies a day. Tuition is over $80 per day per child. Revenue in 2016 was $142,000 and the owner who lives in San Diego had discretionary income of about $40,000 to $45,000 as an absentee owner. They are open 5 days a week from 7:30 am to 5:30 pm. If an owner/operator bought the business they could add approximately $20,000 in salary. There is room to handle as many as 12 or 16 babies per day. You would add more staff to cover the 1 to 4 ratio that this baby care’s model employs.
We are asking $135,000. The owner is willing to do a little owner financing perhaps 20%. Status:
For Sale, Contact: Matt Wochele, CBi C# 404-863-2200

20 Yr Established Medical Practice – SOLD

This is s 20-year established internal medicine practice on the south side of metro Atlanta in the Peachtree City Area. Gross collections generated by the owner/practitioner and one part-time physician are approximately $800,000 per year. Net to the owner is $240,000 from business plus the practice pays him $120,000 a year in rent. The facility is a first class 5000 sq. ft. building with 8 examining rooms. The property is available for sale and the debt service should be less than the present lease cost. Asking: Business $775,000 Real Estate $1,300,000 Contact: Matt Wochele 770-551-8208 Sold

Manufacturing: Metro Atlanta

Metro Atlanta on the NW side of town. 16 year old 80% residential and 20% commercial cabinet and furniture manufacturer. They are considered a high end producer of cabinets and woodworking products. They own the two buildings totaling approximately 30,000 SF where they house 16 employees. Revenue has been consistent in the $1.2M range with owner’s discretionary earnings about $300K. This year 2015 is tracking over $2M in revenue and discretionary earnings should be at the $450K to $500K level. The company has expanded to handle the demand as well as brought on new products which has open a new market for them. It is estimated the real estate value based on previous appraisals should come in around $1.8 or $1.9M. We are asking a total of $3.5M for both the business and the real estate. With an discretionary earnings in the $450K range the multiple for the business is approximately 3.75 times the DE. Contact: Matt Wochele, CBI # 404-863-2200 or J Snypp # 404-966-5989

Liquor Store – Established in 2006 – SOLD

This store is in an upscale area. The new owner purchased the store in May 2011. He has improved the shopping experience for the customer. He has increased the inventory from $25,000 to $50,000. Revenue is up 15% over the same time last year. Revenue is on track to come in close to $475,000 in 2012 with the owner’s discretionary earnings close to $60,000. He is forced to sell for health reasons. Asking Price reduced from $150,000 to $99,000 plus inventory. Contact: Matt Wochele O# 770-551-8208 Status: SOLD

Home Based Wholesale/Retail-SOLD

This is a home based business. However, in addition to selling online they attend between 12 and 15 indoor festivals a year to sell retail and wholesale.  Established in 2001. The owner must sell for health reasons. The owner will help transition the business and attend shows with the new owner until the new owner is comfortable.

The business sells children’s clothing and home accessories such as tea towels. All designs are original. Unlike other artists that reproduce their designs on canvas or paper, we reproduce ours on fabric. Our designs are machine washable and colorfast, and come with care instructions.

They have established a brand name over these past 15 years. Their business model is time tested and successful. A new owner can increase sales in numerous ways. We are asking $160,000 for the business which includes $85,000 in inventory raw and finished along with $80,000 worth of equipment and artistic transfers. The owner’s discretionary earnings are in the $75,000 range. Status: SOLD. Contact: Matt Wochele, CBI #404-863-2200 or J Snypp #404-966-5989

Hair Extension Sales Business – SOLD

This 5 year old hair extension sales and import company has experienced tremendous growth. Revenue has grown from $211,000 in 2011 to over $15,000,000 in 2015. They did reach $19,000,000 in 2014 but experienced a drop in revenue in 2015 because of quality control issues when they added a second manufacturer. This issue has been corrected.     They import human hair from China for processing and sale in two retail locations and also through their website. The hair is processed in their warehouse in Atlanta where a special procedure adds to the quality and longevity of the piece. The founder and owner realizes that this business needs a more experienced leader to take it to the next level of growth and efficiency. Their net profit margin is between 12 and 14%. However, in reviewing their numbers it appears there is much room for improvement.

The ownership is lacking the professional business management skills and experience needed to properly run a company of this size. While he built a good model and a strong brand name to reach $19,000,000 in revenue in 2014 he understands to continue to grow the company needs the right guidance. The owner is willing to stay on and work with the new ownership for a period of time. He is open to part of the purchase price being in the form of an earnout.

We are asking $3,500,000 about 2Xs his owner discretionary earnings.

Contact:

Preferred Business Brokers, Inc.

Matt Wochele, CBI  404-863-2200

J Snypp, VP               404-966-5989

Status: Sold

Hair Salon- Very Upscale Buckhead Salon – SOLD

The reputation of this salon is one of great service and style. The owner is cutting back to spend more time at home raising her family. Revenue is in the $550,000 range for 2011 and in 2012. The owner’s discretionary earnings exceeds $110,000. The owner only spends about 20 to 25 hours behind the chair. She feels certain the other stylists can handle her book or the new owner if qualified can take it over. She is willing to transition as needed with the new owner. There is upside for more services within the salon. The salon stands alone when it comes to ambiance and build-out. We are selling for less then the cost to build. Asking $180,000. Plus inventory. Contact: Matt Wochele #404-863-2200. Status: SOLD

Restaurant/Grocery: Originally established in the early 1900s SOLD

Originally established in the early 1900s to provide groceries to a small town. Today it is the go to place for meals, groceries, bakery goods, coffee and the list goes on in one of the most thriving vacation destination areas in the southeast. They are a hybrid of restaurants, retail, wholesale and more. Revenue has grown steadily from $1.3M in 2009 to a projected $6.6M in 2017 after a record year of $6M in 2016. The owner’s discretionary earnings have also grown accordingly with 2016 coming in at $864,000 and 2017 projected to exceed $900,000. We are asking $3,300,000 for the business. This is a full turn key operation with an unprecedented reputation for the many second homeowners and vacationers that visit this area twelve months a year.Status: SOLD, Contact: Matt Wochele, CBi C# 404-863-2200 or J Snypp # 404-966-5989.

Daycare Center Athens- SOLD

Price reduced to$600,000  from $750,000 original owner is ready to retire. He opened this center 37 years ago. It is well respected in the community. They are licensed for 121. The revenue in 2007 was $507,000. This was a slow year for the center. They averaged only 75 children, however, the center’s cash flow to the absentee owner was close to $70,000.If the new owner is a full time operator than one of the two directors salary would add $25,000 to the cash flow.There are two Pre k classes. The real estate is included in the price. It is a well maintained 5800 SF building on .6 of an acre.  The owner is willing to do between 10% and 70% financing. Asking $600,000 Contact Matt Wochele 770-551-8208 Status: SOLD