Category: Service Business

Medicare Set-Asides Reporting Business For Sale

Posted on by Matt Wochele

The firm has a long standing reputation for excellence in their field. Dating back to 1996 when their services were just being recognized as a must have in the world of worker’s comp claims that affect Medicare. They fill a crucial need with the services they provide in the management of compensation settlements when considering Medicare. It is no secret that wasteful spending is a concern of all citizens especially when it comes to Medicare. Taking the necessary steps to ensure Medicare’s interests are at the forefront of the decisions being made when settling such claims putting Manley & Associates squarely in line to be hired by defense attorneys, plaintiff attorneys and insurance companies when worker comp claims are being negotiated.

Management believes the future of the industry has never been brighter. With the present owner now ready to retire to other interests new ownership will have a proven model as a platform to scale the business to new heights. The need to protect and manage Medicare spending will certainly be on the minds of citizens and government officials for decades to come.

Asking Price: $3,600,000

Contact: Matt Wochele, CBI, BCBB

404.863.2200

Recycling and Processing of Ferrous and non ferrous metals Revenue $8.5MM

Posted on by Matt Wochele

Asking Price:$10,000,000 to $12,000,000

Cash Flow $1,200,000

Gross Revenue:$8,500,000

EBITDA:$1,200,000

FF&E:$5,000,000

Inventory:$600,000*

Real Estate:$700,000*

Established:2014

*included in asking price.

Business Description

Located in the southeast this metal recycling business is growing. Revenue in 2020 was $3.6MM, 2021 Revenue $7.1MM. For 2022 revenue came in at $8MM and 2023 $8.5MM est. The seller’s discretionary earnings for 2021 were in the $900,000 range and 2022 exceeded $1.1MM. They own the real estate which is part of the asking price, also included is $5MM in equipment with over 100 roll-off dumpsters.

We will provide more detailed information to serious inquiries.

Detailed Information

Inventory: Included in asking price. Real Estate: Included in asking priceBuilding SF:N/AFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities:Their facilities meet the environmental standards and are well suited for recycling metals. 20 acres.Competition:The business has experience a strong growth spurt which the management believes will be maintained. They brought in automobiles and currently process about 300 per month.Growth & Expansion:Thee is a good upside to this business. They currently have the capability to expand on their 20 acre facility and increase the number of automobiles they process. Also they are adding roll off dumpsters to their equipment list due to the high demand.Support & Training:As needed.Reason for Selling:Other business interests.

Access Control Business: SOLD

Posted on by Matt Wochele

Cash Flow:$420,206

Gross Revenue:$2,200,000

EBITDA:N/A

FF&E:N/A

Inventory:$75,000*

Established:2010

*not included in asking price.

Business Description

This profitable company is the leader in its product category. Their goal is to create an optimally safe and secure environment using electronically controlled door locks and all ancillary the products. They work with owners, operators, architects, general contractors, developers and consultants to design and install an integrated access control solution that is specifically tailored to the functional needs of each client. There is one full time W-2 employee and the owner who works approximately 25 hours a week from his home. Installation work is handled by outside contractors who have a long term relationship with the company. They do both retrofit and new construction.

Portable Restroom Rental Business (SOLD)

Posted on by Matt Wochele

This portable restroom business has been serving a specific area of metro Atlanta for 20 plus years. The believe they have close to 85% of the construction market share for portable restrooms on building sites in their immediate market. There are plenty of growth opportunity for a new owner to expand outside the current market. The current owner runs a much larger full time business and is mostly absentee. Revenue for 2021 is expected to come in around $450,000 with seller discretionary earnings (SDE) for a hands on owner close to $180,000. The equipment and specialized trucks come to about $300,000. We are asking $550,000 for the business including equipment and trucks. Contact: Matt Wochele, CBI C# 404-863-2200. Status: For Sale.

Waste Hauling Business: High Margins(SOLD)

Posted on by Matt Wochele

High profit margin business. Established in 2013. They have 7 trucks. They customized their trucks to handle one trip whereas in the past it would take 3 to 4 trips to handle the same volume. They work on county contracts and are a subcontractor to some of the largest waste companies. Revenue has been consistent in the $2M plus range with the sellers discretionary earnings (SDE) in the $750,000 to $950,000 range. This year 2021 they are on pace to hit $1,000,000 in SDE. The owner has started another business venture. We are asking $3.5M including the trucks which are estimated to be worth in the $1,000,000 range and equipment. Status: For Sale. Contact: Matt Wochele, CBI #404-863-2200 or J Snypp #404-966-5989.

Salon and Day Spa: SOLD

Posted on by Matt Wochele

Established in the early 2000s this luxury day spa and salon has over 39,000 clients listed in their system. They have been voted number 1 in their area for 10 years running. They are located just outside of metro Atlanta. Revenue has ebbed and flowed between $1.3M and $1.5M over the past five years. The staff is second to none. The owner depends on a director (salary $58,000/yr) and loyal experienced providers and employees that keep this business in the highest regard when it comes to client services. The owner has been mostly absentee for two years as she has moved out of town. The seller’s discretionary earnings (SDE) for a new owner range between $230,000 for an absentee owner to close to $300,000 for a hands on owner. We are asking $735,000 plus Real estate, ($1,380,000) excluding inventory. Contact: Matt Wochele, CBI 404-863-2200 or J Snypp 404-966-5989 Status: Sold

Medical staffing for events and venues: SOLD

Posted on by Matt Wochele

A well respected company in the temporary medical staffing field for events and venues. Established in 1999. The current owners purchased the business in 2011. They have grown every aspect of the business and now have other opportunities to pursue. Revenue in 2018 was just shy of $500,000 with the owner’s discretionary earnings in the $140,000 range. They have over 50 paramedics, nurses and other medical personal to supply the needs of their clients. Their client base consist of some household names in Atlanta. We are asking $295,000 which includes all supplies and inventory. Contact: Matt Wochele, CBI #404-863-2200. Status: SOLD

Electrical Contractor/commercial. High net margin-SOLD

Posted on by Matt Wochele

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

Home Based Background Screening Business-SOLD

Posted on by Matt Wochele

The owner established this business in 2003. She is ready to retire. The business is steady and has a strong upside for a new owner to pick up more clients. The present owner works only 25 to 30 hours a week. This is a home base business with most work done on the computer with flexible hours.It can be easily transferred to a new owner. The seller will train and help transition the business for the new owner. Currently the owner’s discretionary income is close to $30,000 for the short work week. We are asking $69,000 for the business. The owner believes the demand for her services is getting stronger each year. We are asking $69,000. Contact: Matt Wochele, CBI # 404-863-2200. Status: SOLD

mail service and package shipping-SOLD

Posted on by Matt Wochele

In business for 11 years. 5 years at this high traffic location. Owner ready to retire but will assist the new owner for up to a year if needed. The store is 633 SF and rent plus CAM is $1,900 per month. The mail box rentals alone cover more than half the rent.

Revenue in 2016 was $150,000 with the owner’s discretionary earnings above $30,000. They are only open 5 days a week. The owner is selling because he is close to retiring.

The seller is willing to help with some owner financing.

Asking: $44,000

Contact: Matt Wochele, CBI C#404-863-2200

Status: SOLD