Electrical Contractor/commercial. High net margin-SOLD

Established in 1998 this company has built a solid reputation in the commercial electrical contracting industry. They are an approved vendor for some of the larger corporations such as Publx and Kroger to name just a couple. The company specializes in renovation work. In 2016 their revenue came in at $1,200,000 and this year they are on pace to top $1,350,000. The owner’s discretionary earnings in 2016 were close to $500,000 with 2017 expected to be in the $575,000 to $600,000 range. The company is positioned well for the new owner. There are 12 employees with the top people trained to bid and price jobs. The opportunity to grow and bid more work is only a question of hiring and training new employees. The owner has slowed down the past couple of years as he prepares for retirement. He believes he can help guide new ownership to substantially grow the company if they choose to. The owner will be moving out of state to fully retire once the transition period is complete. We are asking $1,350,000 this includes about $80,000 in inventory. Contavt: Matt Wochele, CBI C# 404-863-2200 or J Snypp C# 404966-5989. Staus: SOLD

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

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 – Experienced tremendous growth.-SOLD

Hair Extension Sales Business – 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 J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living / Memory Care Facility – One hour outside of Atlanta(SOLD)

Assisted Living / Memory Care Facility: One hour outside of Atlanta in a central location to well populated markets.

This home was established in 1996. It sits on multiple acreage and is currently licensed for 24. Ownership has put in excess of $100,000 in the past few months to complete the requirements to increase the license to 36. LICENSE HAS BEEN APPROVED FOR 36. Revenue in 2014 was close to$600,000 with the owner’s discretionary earnings at about $140,000 averaging about 20 residents a month. They presently have 30 residents and anticipated both sales and earning to increase significantly in 2015. They expect revenue to hit $720,000 with owner’s discretionary earnings at around $230,000. Asking $1,795,000 including business and real estate.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living / Personal Care Home – Metro Atlanta (SOLD)

Assisted Living / Personal Care Home: New listing on an established home in metro Atlanta.

Licensed for 42 state and 36 county and just received zoning approval to add an additional six rooms. Revenue in 2013 was $775,000 and $765,000 in 2014 with owner’s discretionary earnings averaging $260,000. Projections for 2015 exceed $260,000 for owner’s discretionary earnings. Asking $2,400,000 for business and real estate.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.