Gross Revenue: $2,020,000
Cash Flow (Seller’s Discretionary Earnings): $518,000
FF&E: $70,000(Fair Market Value) (included in price)
Real Estate: N/A
This Atlanta based company has been servicing the commercial construction industry for 10+ years, achieving steady and consistent growth by providing post construction site clean-ups on many of the Southeast’s largest and most prestigious construction projects. They handle interior, exterior and high reach clean up services within this highly specialized and profitable industry.
The business leases and utilizes approximately 700-800 square feet of office space as well as a warehouse shop area for maintaining equipment.
There is normal level of competition.
Growth and Expansion/Revenue Breakdown:
The company does approximately 85% New Construction and 15% Remodel Construction clean up – however the remodels are generally so large they are very similar to new construction clean-up. The owner sees an outstanding future in their market given that commercial construction is extremely strong and diversified with growth in government, institutional, commercial as well as infrastructure projects. He views this as the most fundamentally sound construction market in 20 years! The opportunity to expand into other markets in many of the surrounding Southeastern cities is also very strong right now. Management estimates revenue growth at 10% to 18% for the next five years.
The sellers will assist with the transition for an agreed upon period of time.
The owners are selling to be able to devote more time to their business they have started in another state where they now live. The majority owner has not be engaged in the day to day business for the last four years.
Years Established: 10+ years
Employees: Less than 10
Contact: David R. Still, CBI
Phone: 770-962-8399 x21