Business To Buy
This Company Provides Exterior & Interior Maintenance For Foreclosures |
| Metro Atlanta, Georgia |
| This company had sales of $2,252,375 for 2008, $2,379,811 for 2009 and $3,117,085 for 2010. It services a niche and has clients that are banks who REO(real estate owned properties.) These properties need to be properly maintained so that they can be sold to HUD. Current owner says that you will need working capital of $200,000. |
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Financials |
| Price: $800,000 |
| Gross Income: $3,117,085 |
| Cash Flow: $402,196 |
| FFE: $200,000 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #10400777 |
| Year Established: 2007 |
| Financing: SBA LOAN AVAILABLE. |
| Training: Owner will provide 4 weeks of transitional assistance |
| Facilities: 5,000 sq. ft. of warehouse and office space. Lease started June 1, 2009 and expires August 31, 2014. There is a 5 year option. Current rent is $3,700/MO. and includes CAM. |
| Competition: There are many Mom and Pop companies, but this company with 35 employees is one of the six largest |
| Growth: Secure addional bank relationships or spread into non-bank areas. |
|
| Business Listed By |
| Name: Loren Marc Schmerler |
| Company: Bottom Line Management |
| Phone: 770-977-7334 |
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| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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