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