Author: Matt Wochele

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.

Bike Shop: SOLD

Posted on by Matt Wochele

They have been in their current location for almost 30 years. One of the best locations in Atlanta for a sales and service bike shop. They have a solid staff and the owner will stay and transition with the buyer. The business is very consistent year in and year out. Their revenue is in the $600,000 plus range with the seller’s discretionary earnings (SDE) averaging $175,000.
They service all bikes including electric bikes. The reputation of this owner and shop goes back to the mid 80s. A new owner will be coming into a thriving business in a thriving industry in one of the best areas in Atlanta for bicycle ownership.
We are asking $490,000 plus inventory. Contact: Matt Wochele, CBI C# 404-863-2200

Manufacturer/Fabricator Building Products:

Posted on by Matt Wochele

This business was established in 2013. They are primarily a business to business designer, manufacturer, installer and fabricator on a large scale of stone countertops and cabinets. The are now positioned to offer flooring options as well. Their customer base ranges from investor groups building or renovating 100s of units at a time to builders, homeowners and contractors. Revenue in 2018 was $10.5MM, 2019 $ 12MM and in 2020 sales hit $14.2MM. In 2021 revenue came in at $18.9M(accrual) with seller discretionary earnings (SDE) in the $2.7MM range. Trailing twelve months (TTM) through July 2022 revenue topped $22MM with a (TTM) net income above $2.8MM. They have locations in Atlanta, Florida and Tennessee. We are asking $13MM for the business.

Pet Broarding and Grooming with real estate. (SOLD)

Posted on by Matt Wochele

Asking Price:$2,500,000

Cash Flow:$400,000

Gross Revenue:$1,000,000

EBITDA:$400,000

FF&E:$115,000

Inventory:$10,000*

Real Estate:$1,500,000

Established:2006

*not included in asking price.

Business Description

This beautiful pet boarding and grooming facility has been in business for 15 years and enjoys such an excellent reputation that clients bring their pets from as far as 200 miles away. Services include complete grooming, daycare and boarding for dogs and cats with a multitude of ad-on services. A fully trained staff of 17 full time and 12 part time employees who wish to stay with the business make this a truly turn-key opportunity. Two managers who can open and close the business make time off for the owner easy. Contact: J Snypp #404-966-5989

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.

Restaurant; Franchise Sports/Bar and Family Dinning (SOLD)

Posted on by Matt Wochele

This well-appointed franchise restaurant located less than an hour north of Atlanta is situated on a major thoroughfare in an area that is going through rapid growth and development. 2019 Revenue surpassed $2,000,000. Based on the first three months of 2021 the business has completely recovered from any downturn caused by the COVID-19 pandemic. It is operated by a staff of fully trained managers and employees who are expected to stay with the business. This popular local eatery with a well-known brand name continues to experience growth year after year. Given the increase in population the area is experiencing the future is bright for the new owner as well. Asking $995,000. Contact: Matt Wochele, CBI #404-863-2200 or J Snypp #404-966-5989. Status: Under Contract

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.

furniture manufacturer: SOLD

Posted on by Matt Wochele

Established in 1991 as a restaurant furniture manufacturer. They operate out of a 80,000 SF facility in metro Atlanta. The company’s original owner is ready to retire. The reputation of the company is well established. The jobs come in from various reps and dealers throughout the country. Revenue in 2018 was $2.4M, in 2019 it came in at $2.7M. In 2020 with restaurants dealing with the pandemic revenue was $1.5M. Now that operations are getting back to normal revenue for the first 5 months of 2021 is $1.3M. The seller’s discretionary earnings (SDE) are consistent except for 2020. The estimated SDE for 2021 is $600,000. We are asking $1,900,000. Contact: Matt Wochele, CBI 404-863-2200 or J Snypp 404-966-5989. Status: for Sale.

Landscape Specialty Service: SOLD

Posted on by Matt Wochele

This landscape specialty service business was established in 1997. The owner is ready to retire but will stay on if requested by purchaser to guide the new owner through the spring and fall seasons. Their sales mix is 85% residential and 15% commercial. Revenue in 2020 was $880,000 with the seller discretionary earnings (SDE) at $360,000. This year they are on track to hit over $1.4M in revenue. The SDE for 2021 is expected to top $500,000 They are not a maintenance or an install landscaper. They operate 10 months a year. They are closed in November and December. We are asking $1,100,000 for the business, equipment and vehicles. Status: For Sale. Contact: Matt Wochele, CBI #404-863-2200 or J Snypp #404-966-5989.

Home Health Care Company (SOLD)

Posted on by Matt Wochele

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.