Home Health Care Company (Under Contract)

Established and successful perennial award winning home health care company located in middle Georgia. The business was established in 2000. In 2015 new owners came in and modernized operations, updated benefits and subsequently obtained a provider number for Medicaid all of which contributed to the solid growth of the business. Revenue in 2018 was $1.2M in 2019 it grew to $1.367M. In the Covid challenged year of 2020 it held steady with revenue coming in at $1.28M even though business in the spring and early summer was affected by the shut downs. The fall of 2020 showed a robust spike and the revenue and growth has held steady at an average of $33,000 per week putting them on track for 2021 to hit $1.5 or $1.6M perhaps higher as the vaccine rolls out to more people. Industry feedback leans towards a windfall of new clients as families are now more likely to opt for at home care versus putting their family member in a facility. The seller’s discretionary earnings (SDE) in the pre Covid year of 2019 came in at approximately $250,000. In 2020 with the shut down it came in at $170,000. The estimate (SDE) for 2021 based on growth which started in September of 2020 is expected to be in the $300,000 to $330,000 range. We are asking $1,050,000. Contact: Matt Wochele, CBI C# 404-863-2200 or J Snypp #404-966-5989.

Landscape Commercial Installation. Revenue $12,000,000. (SOLD)

Commercial landscape installation company. Established in 2005. The company has built a solid reputation over the years which is evident in their year over year growth. Revenue in 2018 was $10.6MM, 2019 $11.8MM and for YTD September 2020 revenue is already at $11MM. We estimated the owner’s discretionary earnings (ODE) for 2019 at $1,220,000 and tracking well over $1.7MM so far in 2020. The company has strong management in place with an experience team of employees. There are 32 employees. They also use certain sub contractors for hardscape projects who work almost exclusively with the company. A buyer needs to be aware there is $3MM in A/R give or take outstanding at any given time. We are asking $3.9MM plus inventory. This does not include A/R or cash on hand. Contact: Matt Wochele, CBI C$# 404-863-2200 or J Snypp 404-966-5989. Status: For Sale