Highly Profitable Trade Group for Sale
Location: Georgia > Gwinnett County
Industry: Building and Const. Services > Other Services
Financials
Asking Price: $4,200,000
Gross Revenue: $3,000,000
Gross Revenue Comments: Substantial increases over past 5 years
Cash Flow: $1,575,000
Cash Flow Comments: Substantial increases over past 5 years
Inventory: $10,000 (Included in Asking Price)
FF&E: $590,000 (Included in Asking Price)
Real Estate: $500,000 (Not Included in Asking Price)
Business Summary
A group of 5 specialized trade companies serving the plumbing related markets in the North Atlanta and North Georgia markets is for sale. The company has been in business for over 26 years and the five business units have significant synergies amongst themselves. The customer base is split with 54% of revenues derived from the commercial sector and the remainder related to the residential market. The company has significant growth opportunities over the next 5 years. A strategic buyer or independent party with a plumbing related background will find this opportunity compelling.
About the Business
Year Established: 26
Employees: 25 full time -
Facilities: Company operates out of a facility with approximately 10,000 square feet with 7,800 feet dedicated to the warehouse and the remainder as office space. The estimated fair market value of the real estate is $500,000. Owner will consider a lease to a qualified buyer.
Market Outlook and Competition: Competition in the company's core products and services is limited. In view of this, the Company is looking to secure substantial additional market share in the next 12 months. Growth and Expansion: The Company has a plethora of opportunities to increase business over the next 60 months. They are currently considering opening a satellite office in one of the fastest growing counties of the Atlanta area. Other considerations include the focus on increased market penetration of defined customer groups that utilize the services of the Company on a regular basis. Additional emphasis will be placed on assembling a formal sales and marketing team to implement and execute strategic objectives.
About the Sale
Management Training and Support: Owner is willing to stay with the Company for a period up to one year depending on the buyer's preferences.
Reason For Selling: Seller started business almost 30 years ago and wants to do something different.

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Listing Tools
BizQuest ID:889240
Business Listed By
Name:Patrick Harkins, CPA, MBA & CBI
Company:Anchor Business Advisors, Inc.
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