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 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: 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.