Current Offerings

 


Available for Acquisition

Commercial HVAC Company

West Coast

INTRODUCTION: Located on the west coast, this profitable company was founded over ten years ago by industry veterans. The company has seen steady growth over the last eleven years. With 75 percent of its revenue generated from service contracts and the remaining 25 percent coming from new construction along with a turnkey management team, it is well positioned to take advantage of future growth opportunities. The current facility has the capacity to support a threefold increase in production. Services range from HVAC, refrigeration, boiler and chiller installation and service to full service, design and installation of EMS, Mechanical Hydronics Systems and Co-generation plants.

GROWTH OPPORTUNITIES: The owners have identified nine growth opportunities. The company is poised for continued profitable growth with a new owner with an stronger capital structure in place. As the owners wish to remain with the company, the combination of nine growth opportunities, a turnkey management team and a new capital structure, would make this an excellent add-on to an existing platform company or a strategic buyer.

FINANCIAL HISTORY: Revenues for 2011 were $4,600,000, a three-year high and an increase of 20 percent over 2010. The EBITDA for 2011 was $688,000 with an increase of $300,000 over the 2010 results. In addition, gross margins grew by 3.5 percent on an annual basis.

REVENUES EBITDA
FYE 2012 $6,911,743 $742,297
FYE 2011 $4,602,290 $687,120
FYE 2010 $3,847,894 $362,060
FYE 2009 $3,977,663 $397,323

Contact :
Brent A Freeman
Phone: (503) 992-1216
E-mail: brentf@thecbbgroup.com


 

Available for Acquisition

Health Service Company

Central California 

Purchase Price:  $250,000

Location:  The Owner has 4 full-time locations in retail centers located on the Central Coast of California

Terms:  This is a SBA transaction with Buyer’s cash infusion of $37,500 (15% down payment) and Commercial Lending of $212,500.  The term of the SBA loan is for 7 years at an interest rate of 5.75% with payments of $3,078 per month.

Business Activity:  This franchise is a 63 year old health service company that operates a retail franchise network of more than 1,200 locations across the United States.   As a franchisee, you will enjoy the number one most recognized brand name product in the hearing aid market and a Franchisor that is ranked number 1 in the Health Services Industry

History:  The Owner was working as a graphic designer in 2003 and was considering changing job careers when a friend of his offered to share with him how a hearing office worked and job duties of a fitter dispenser.  The current Owner job shadowed his friend for a day.  During the day, the current Owner saw how his friend fitted hearing aids, the sales process, preformed service work and interacted with customers.

The current Owner thought that this was the greatest thing ever and said “You are working right up front with people and helping them in a real tangible ways.”    His friend offered to sponsor this individual to become a licensed fitter dispenser.  He quit his job and joined his friends company in 2003.

One year later he was given his own office.  June of 2010 the current Owner purchased the four store franchise.

Unfortunately in the past year he has developed type II diabetes.   His doctor has advised him that due to his health he needs to find ways to slow down and reduce the stress in his life.  The Owner truly enjoys being a franchise owner and a fitter dispenser.  He has decided to sell the business but would like to stay on as a fitter dispenser and as such has created a turnkey opportunity for the next owner.

The industry is about to mushroom open with the baby boomers moving into their 60‘s and needing help with their hearing.  It is a great opportunity to own a thriving National Franchise backed by a company with over 60 years of experience with a recognizable household brand name in the hearing health field.

Sales and Sellers Discretionary Cash Flow (SDCF):

REVENUES

   SDCF  

FY 2013 (Jan -Sept) $562,834 $74,929
FY 2012 $651,298 $97,434
FY 2011 $757,939 $91,197
FY 2010 $391,695 $32,313

 

Marketing Strategy:  This Franchise has grown using the Franchisor’s time proven advertising and marketing programs.  The Owner utilizes a combination of Medias that includes direct mail, open house events, and contributing to the national advertising fund that sponsors national television and radio spots.  This Franchise has built a profitable platform for a new buyer to take the territory to the next level.

Customer Demograhics:  There are currently 35 million people in the U.S. with hearing loss, with only 25% wearing hearing aids.  The target market consists of approximately 26 million people and rapidly increasing.  The population of hearing – impaired, ages 18 – 44 appears to be decreasing, while the age 85 – plus hearing – impaired population is growing at nearly 12 times the U.S. population growth and the 75-84 population is growing at nearly 4 times population growth.  (MarkeTrak VIII study published in the Hearing Re-View October 2009).

Days and Hours: Monday through Friday from 9:00 a.m. to 6:00 pm.

Employees:  The currently has 2 support staff and 2 fitter/dispensers employees.

Directions: Contact Brent Freeman for more information at (503) 992-1216 or e-mail brentf@thecbbgroup.com.

No additional information will be releaseduntil the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

 

Available for Acquisition

E-Cigarette Liquid Manufacturing

Be part of a 2 Billion Dollar Industry and Growing

Business Activity:  This Company is a 3 year old Company that is already recognized as an industry leader with a sterling reputation in manufacturing of E-Liquids and for their quality of flavors produced and their customer support.  The Company produces over 400 liquid flavors and ships their product throughout the world.  The American E-Liquid Manufacturing Standards Association (AEMSA Certification) ratings that this Company has achieved is unheard of, for a company their size.  Their proven production and delivery methods have been said to be the best in the industry.

This Company is positioned for explosive growth.  The Owner’s are proud of what they have created and desire a buyer to take this opportunity with additional capital to the next level of success.

Growth Opportunity:  This Company is poised for growth in a worldwide growing market and with a stronger capital structure in place the possibilities for the future are vast.

As a pioneer in their field the Company is encountering a worldwide demand for its products.  Its unique quality and ability to fulfill the custom needs has created a strong customer base. The Company is truly in the right place at the right time to profit from this exponentially increasing demand for e-liquids in the tobacco industry.

In an article that Chris Burritt from Bloomberg wrote in June 21, 2013 that e-cigs is one of the fastest growing product segments in the United States today.

“Although e-cigs now account for only 1 percent of U.S. cigarette sales, The industry leaders projects revenues will double to $1.5 billion this year and reach $3 billion within five years. Bonnie Herzog, a Wells Fargo Securities analyst based in New York, predicts even faster growth, with sales topping $16 billion by 2023.”

The business engages in the care of infants, children up to the age of 12 and provides early learning, pre-kindergarten and kindergarten educational curriculums. The Company has been recognized by the state for their compliance in their certified educational programs.  These programs are to create excitement enhancing the learning process of infants, toddlers and children.   The programs that are in place are truly preparing the children that are entering into 1st grade.

Sales and EBITDA:

REVENUES EBITDA 
FY 2013 Projected $7,953,919 $1,835,591
FY 2011 $1,738,395 $377,229
FY 2010 $95,635 $25,327

 

Competitive Advantages:  The Company has earned and developed 6 competitive advantages that focus on its market, including its focus on quality and customer service.  Each of these advantages contributes to the future growth and prosperity of the Company. See Section 3.4 Competitive Advantages for more details.

Management Succession:  Predictability of personnel and management for a buyer is vital. The current operation is strong and all processes are in place with a trained workforce. There are key management personnel at all levels.  The Owner is looking for a staged retirement so this is effectively a turn-key operation for the next owner. See Section 11.0 Owner/Purchaser Transition for more details.

Directions:  Contact Bill Billingsley for more information at (503) 233-8600 or e-mail billb@thecbbgroup.com. No additional information will be released until the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

Available for Acquisition

In Home Senior Care

Central Coast Texas

Purchase Price: $1,300,000.00

Terms:  This is a SBA transaction with Buyer’s cash infusion of $337,500, Commercial Lending of $1,012,500.  The term of the SBA loan is for 10 years at an interest rate of 6.00% with payments of $11,241 per month.

Introduction:  The opportunity is in the home health care industry that serves the needs of individuals who aren’t ready for an institutional setting and need assistance to remain living in the comfort and privacy of their own homes.

The industry is mushrooming with the aging baby boomers and their needing help to keep their independence.  It is a great opportunity to own a thriving National Franchise backed by a company with over 18 years of experience that has become a widely recognized brand name in the senior care field.

The 85 and older population is expected to more than triple between now and 2050 in the United States alone.  This is a staggering statistic that not only proves the growing need for senior care, but also that thousands of families are facing the same critical decisions.

This Company currently has two types of services that provide:

Homemaking/Companion Care-Tasks include, but are not limited to:

• Light Housekeeping • Laundry • Meal planning & Preparation • Shopping • Errands • Medical Reminders • Transportation to Appointments • Companionship & Conversation • Helping with pets • Stand-by / Assistance with walking / movement reducing risk of slips, trips & falls.

Personal Care-Provides assistance to help clients successfully perform activities of daily living.  These include one or more of the following and are characterized by “hands-on-touching”.

•  Bathing •  Personal grooming and hygiene •  Dressing •  Toileting and elimination •  Nutrition/hydration and feeding •  Mobility •  Mental / Cognitive needs •  Medication reminders •  Hospice support care •  Alzheimer’s care•  other dementia care

The clients who subscribe to these services want to maintain a quality of life and their freedom.

Home care is also utilized for clients who are rehabilitating from workman’s compensation accidents, post op/surgery rehabilitations and seniors who need help rehabilitating from a fall or broken bones. Services are provided in hospitals, assisted living facilities, rehabilitation facilities, nursing homes and memory care facilities.

Financial History:  The level of net income in this offering used for analysis purposes will be Sellers Discretionary Cash Flow (“SDCF”).

Sales and Sellers Discretionary Cash Flow (SDCF):

REVENUES

SDCF

FY 2013 (Projected) $1,374,727 $465,405
FY 2012 $1,091,905 $359,472
FY 2011 $1,054,937 $352,637
FY 2010 $  729,885 $211,908

 

Competitive Advantages:  The Company has earned and developed 4 competitive advantages that focus on its market niche. Each of these advantages could significantly contribute to the future growth and prosperity of the Company. See Section 5.1 Competitive Advantages for more details.

Growth Opportunity:  The Company is in a growing market due to the aging population of the United States.  The Company’s sales and marketing strategy includes two outside sales people (Community Service Representatives), display ads in retirement magazines, and a strong on-line marketing presence continues to bring in new clients.  A new owner could maintain the current program and concentrate on new strategies that would increase the referral base.  There are at least 4 growth opportunities.

Directions: Contact Bill Billingsley for more information at (503) 233-8600 or e-mail billb@thecbbgroup.com.

No additional information will be released until the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

 

Available for Acquisition

Print & Direct Mailing Business – Niche Market Leader

Portland, Oregon

Purchase Price: $625,000

Terms: This is a SBA transaction with Buyer’s cash infusion of $93,750, Commercial Lending of $468,750 and Owner Note of $62,500.  The term of the SBA loan is for 10 years at an interest rate of 5.75% with payments of $5,145.00 per month with the Owner subordinating their note to the bank.

The owners note will accrual interest at 5.75% with no payments for the first 2 years.  The note will begin on the 1st day of the 25th month for 96 monthly payments of $900.43.  All principle and interest will be due and payable in the 96th month.

Business Activity:  This Company’s targeted customer base is For-Profit, Non-Profit, Government and Local Municipalities that use mail as a way to communicate to their potential or current client base or as a part of a marketing campaign.  The core business is Mailing (mail preparation and presort services), Printing (broker printing and design) and Data Management (list maintenance and mailing list acquisition).  According to IBIS World reports revenue for the direct mailing industry was 12 billion dollars in 2012 and was down 1.2% over 2011.

History:  The Company has a 65 year history that was founded in 1948 and was purchased in 1984 by its current (third) owner.  Bulk mail is an easy, efficient and direct way for companies or institutions to reach a large targeted market.  The sales cycle for this business is influenced by the congressional and presidential election cycles and as such a buyer should evaluate the business using a two year average cash flow analysis.

The Owner has established policies and procedures to deliver the best combination of customer service and competitive pricing to the Company’s clients.  The Owner is proud of what he has accomplished.  He has built a strong foundation for a new Owner to take the business to the next level.

Sales and Sellers Discretionary Cash Flow (SDCF):

REVENUES

SDCF

FYE 2012 $642,533 $293,264
FYE 2011 $350,590 $112,877
FYE 2010 $740,562 $263,834
FYE 2009 $679,631 $  70,567

 

2 Year Cash Flow 2012-2011 2010-2009
Average $203,070 $167,200

 

Marketing Strategy:  The Company has no current marketing and sales department.  The owner has relied on the 65 year history of the Company its reputation and high level of customer service.  Eighty percent of the current business is from repeat clients with the additional twenty percent being split between referrals and the company’s website.

Days and Hours:  Monday through Friday hours are 8:00am to 5:00 pm.

Employees:  Two full time and two part time employees.

Facility:  The core business is located in a 12,000 sq. ft. building, featuring a reception area, offices, loading dock and production area.   The current rent is $7,408 per month to month basis.

Reason for Sale:  The Owner has been in the business for over 30 years and has developed other interests that he would like to purse.  In addition, his wife has owned and operated a separate business in the past and would like to pursue a new venture as well.

Directions: Contact Brent Freeman for more information at (503) 992-1216 or e-mail brentf@thecbbgroup.com.

No additional information will be released until the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

 

Available for Acquisition

Pharmacy & General Store

Eastern Oregon

Purchase Price: $300,000

Business Activity:  Owner’s have developed many profit centers and has evolved over time to become the general store of the area.  The following is a brief description of the products that are available to the customer.

Pharmaceuticals:  Also referred to as a medicine or medication, can be loosely defined as any chemical substance – or product comprising such – intended for use in the medical diagnosis, cure, treatment, or prevention of disease.

Over the Counter Goods:  The owner has an in-depth selection of products that include vitamins, holistic and homeopathic medicines, cough medicines, aspirin, ECT… and beauty products.

Hardware:  The store has vast assortment of hardware products that will take care of most home owners needs.  These products vary household hardware for home improvement including: fasteners, hand tools, power tools, keys, locks, hinges, chains, plumbing supplies, electrical supplies, tools, utensils, paint, and lawn and garden products directly to consumers.  This department also includes hunting and fishing supplies, plants and nursery products, marine and boating supplies, pet food and supplies and canning supplies.

Giftware:  The owner has developed over the years a product mix of quality gifts, home décor, fine chocolates, fine wines, specialty beer, small kitchen appliances, educational toys, gift novelties, greeting cards and seasonal items, i.e. Christmas decorations. These products have high margins are in many cases impulse purchases.  In addition, specialty food products are sold such as teas, pasta’s, soup mixes, dips and much more.

OLCC:  This Company is one of the oldest liquor store retailers in the state.  This business location is the only establishment within a 15 mile radius to purchase hard liquor.  Not only do they service the individual but also local bars and restaurants.  An application will have to be submitted to the OLCC for State approval.

History:  In 1980 the Owner’s sold their house and purchased this business by taking their life savings and with a small Owner carry, they took over the business.   This store had been around since the 1930’s under different ownerships.  The Owner’s understood that they needed to be more important to their customer base.  Product lines were identified that were missing from the area.  The first product line that the business expanded into was hardware goods in 1984 and simultaneously changed the name of the business to what it is today.   The Owner’s are proud of what they have accomplished.

They were able to live in a community that was safe for their children and earned an income that is going to carry them through retirement.  They are seeking a Buyer who has the same standards of ethics, honesty, and fair dealing they have exhibited throughout their history. Equally important is a buyer who understands and can maintain the level of quality products and service to the customer and wants to be part of the community.

Sales and Sellers Discretionary Cash Flow (SDCF):

REVENUES SDCF
FY 2012 $600,684 $69,912
FY 2011 $596,795 $61,930
FY 2010 $657,989 $81,006
FY 2009 $644,434 $68,227

 

Marketing:  The Company has a current marketing strategy in place.  They have relied on their location, community involvement, yearly sales events and word of mouth to grow the sales.  The owners have identified 5 growth opportunities that they believe could increase sales substantially.

Days and Hours:  Monday through Saturday with hours from 9:00 am to 6:00 pm.  The pharmacy is open Monday through Thursday from 9:00 am. to 6:00 pm.

Employees:  The business has 2 fulltime and 2 part-time employees.  The key employee has over 10 years of service to aid in the transition.

Facility:  The business is located in a 5,000 sq. ft. retail building.  The current lease is $2,000 per month.  This business is located in a downtown area with a strong pedestrian shopping environment.  The property is available for $220,000. 

Reason for sale:  The Owner’s are at retirement age and would like to spend more time with their family.

Terms:  This is a SBA transaction with Buyer’s cash infusion of $60,000 and Commercial Lending of $240,000.  The term of the SBA loan is for 10 years at an interest rate of 6.00% with payments of $2,664.50 per month with total yearly debt service of $31,974.

Directions:  Contact Bill Billingsley for more information at (503) 233-8600 or e-mail billb@thecbbgroup.com. No additional information will be releaseduntil the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN


Available for Acquisition

Durable Medical Equipment – High Margin’s

Central Texas

Business Activity:  This Opportunity is a leading medical mobility provider of Complex Rehab and Standard Power Mobility Devices, manual mobility devices and other types of medical equipment and supplies in its service area.

The Company has established a Service Department to maintain the high customer service standards that are in place.  The Company’s techs are mobile to provide in-home service calls for all equipment provided as needed.

History:  This Company was started in 2001 to compliment a senior care franchise business.  These Owners knew that they could utilize their current customer base to grow the new Company.  This strategy was successful.  The past Owner’s had built an impeccable reputation as the leading provider of Power Mobility Devices and a wide range of medical equipment and supplies in Central Texas.  In 2009 the Owner’s decided that the work load was too much and engaged an area business broker to find a buyer for the business.

During this time current Owner was getting burnt out in the corporate world and decided to go out on his own.   From his corporate experience with working for other Corporation that had products that touched the medical industry the Owner felt that a business in the industry was right for him.

This individual looked at several opportunities from home health care franchises to other medical services before he found this business.

The new Owner’s strength as an entrepreneur is his ability to implement policies and procedures to strengthen the Company’s ability to service the customer.  The past Owner’s had done a great job in growing the business and building the reputation but with his corporate background he brought the Company to a corporate level that is not seen in most small independent retailers.  The internal procedure has enabled the Company to reduce collection times and to increase sales with the same staff.

The Owner then started to network with hospitals and other professionals within the medical industry to strengthen the referral sources and become the main supplier of medical equipment in the area. He also recognized that he needed an Assistive Technology Practitioner.

By having the only ATP designated staff member in the market area would increase the Company’s sales volumes but would give greater credibility to the Company.  The Owner has built a strong infrastructure and is ready to pass on to a new owner.

Sales and Discretionary Cash Flow:

REVENUES Cash Flow
FY 2012 $754,905 $53,838
FY 2011 $772,998 $50,740
FY 2010 $687,188 $36,049
FY 2009 $594,005 $40,637

2012 Margin’s: 78.30%  2011 Margin’s: 74.33%

Marketing Strategy: The Company has reached its current level of success thanks to repeat business, word of mouth, community involvement, yellow pages and television spots that run each day of the week on cable and network stations.

Days and Hours: Monday through Friday hours are 8:00 am to 5:00 pm.

Employees:  The business has 6 full-time employees which includes an Assistive Technology Practitioner (ATP) and one technician.  Benefits include paid vacations and medical benefits.

Reason for Sale: The Owner desires to enter back into the corporate environment that he came from.  There is a chance that he may be moving to California to be closer to his children.

DIRECTIONS: Contact Bill Billingsley for more information at (503) 233-8600 or e-mail billb@thecbbgroup.com. No additional information will be released until the buyer has been pre-qualified by the Broker.

Available for Acquisition

Rare & Collectable Wine – Internet Auction House

Global Sourcing and Sales

Introduction:  The worldwide market for rare and collectable wines is the fastest growing segment in a $250 billion market.  The Company has grown sales in the last ten years to over $14 million using a combination of technology, proprietary market data, intellectual knowledge and a passion for fine, rare and collectable wines.  With a global reach, the Company shipped wine to every continent in the world in 2012 (except Antarctica).   In addition to its ability to deliver top notch customer service to rare wine buyers, the company has developed ten competitive advantages that focus on its market niche, including technology, geographic location, product sourcing, and its customer base.  As a result the Company is positioned for significant growth.

Growth Opportunity:  The owner has identified thirteen growth opportunities and is implementing a strategic growth plan that will take advantage of some of these opportunities in 2013 and has set the stage for continued growth in 2013 – 2015.  With capacity online that would allow for revenue to grow to $40 million per year, very little cap-x would be required for future growth.  The owner has planned for his eventual retirement and has invested in additional senior management making this opportunity truly turnkey.  The owner is also willing to enter into a one or two year employment contract for the right buyer to ensure a seamless transition and would make this an excellent add-on to an existing platform company or a strategic buyer.

Financial History:  First quarter sales for 2013 were $3,790,886 an increase of $638,184 over Q1 sales for 2012.  The company has a 4 year gross margin of 22.01% and a 2013 gross margin of 22.73%.

Revenues      SDCF
FY 2012 $14,045,393 $681,518
FY 2011 $14,245,420 $763,924
FY 2010 $12,646,019 $740,825

 

Reason for Sale:  The Owner is getting close to retirement age and is looking for a staged transition.

DIRECTIONS: Contact Brent Freeman for more information at (503) 992-1216 or e-mail brentb@thecbbgroup.com. No additional information will be released until the buyer has been pre-qualified by the Broker.

Available for Acquisition

Health Service Company

Central Arizona

Purchase Price: $250,000

Location: The Owner has 4 full-time locations in retail centers located on the Central Coast of California

Terms: This is a SBA transaction with Buyer’s cash infusion of $37,500 (15% down payment) and Commercial Lending of $212,500. The term of the SBA loan is for 7 years at an interest rate of 5.75% with payments of $3,078 per month.

Business Activity: This franchise is a 63 year old health service company that operates a retail franchise network of more than 1,200 locations across the United States. As a franchisee, you will enjoy the number one most recognized brand name product in the hearing aid market and a Franchisor that is ranked number 1 in the Health Services Industry

History: The Owner was working as a graphic designer in 2003 and was considering changing job careers when a friend of his offered to share with him how a hearing office worked and job duties of a fitter dispenser. The current Owner job shadowed his friend for a day. During the day, the current Owner saw how his friend fitted hearing aids, the sales process, preformed service work and interacted with customers.

The current Owner thought that this was the greatest thing ever and said “You are working right up front with people and helping them in a real tangible ways.” His friend offered to sponsor this individual to become a licensed fitter dispenser. He quit his job and joined his friends company in 2003.

One year later he was given his own office. June of 2010 the current Owner purchased the four store franchise.

Unfortunately in the past year he has developed type II diabetes. His doctor has advised him that due to his health he needs to find ways to slow down and reduce the stress in his life. The Owner truly enjoys being a franchise owner and a fitter dispenser. He has decided to sell the business but would like to stay on as a fitter dispenser and as such has created a turnkey opportunity for the next owner.

The industry is about to mushroom open with the baby boomers moving into their 60‘s and needing help with their hearing. It is a great opportunity to own a thriving National Franchise backed by a company with over 60 years of experience with a recognizable household brand name in the hearing health field.

Sales and Sellers Discretionary Cash Flow (SDCF):

REVENUES

SDCF

FY 2013 (Jan -Sept) $562,834 $74,929
FY 2012 $651,298 $97,434
FY 2011 $757,939 $91,197
FY 2010 $391,695 $32,313

 

Marketing Strategy: This Franchise has grown using the Franchisor’s time proven advertising and marketing programs. The Owner utilizes a combination of Medias that includes direct mail, open house events, and contributing to the national advertising fund that sponsors national television and radio spots. This Franchise has built a profitable platform for a new buyer to take the territory to the next level.

Customer Demograhics: There are currently 35 million people in the U.S. with hearing loss, with only 25% wearing hearing aids. The target market consists of approximately 26 million people and rapidly increasing. The population of hearing – impaired, ages 18 – 44 appears to be decreasing, while the age 85 – plus hearing – impaired population is growing at nearly 12 times the U.S. population growth and the 75-84 population is growing at nearly 4 times population growth. (MarkeTrak VIII study published in the Hearing Re-View October 2009).

Days and Hours: Monday through Friday from 9:00 a.m. to 6:00 pm.

Employees: The currently has 2 support staff and 2 fitter/dispensers employees.

Directions: Contact Brent Freeman for more information at (503) 992-1216 or e-mail brentf@thecbbgroup.com.

No additional information will be releaseduntil the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

 


Available for Acquisition

Commercial & RV Auto Body Shop

Portland, Oregon

Type of Business: Auto Body Repair

Purchase Price: $325,000

Location: Portland, Oregon

Down Payment: $65,000

TERMS: Buyer will need 20% down payment with a small owner carry back of $30,000 @ 6.00% for 84 months. The payment will be $438 per month. The commercial loan will be for $230,000 paid at $2,775 per month @ 6.00% interest over 120 months.

BUSINESS ACTIVITY: This Company is a full auto body repair facility for Semi Trucks, Semi Trailers, School Buses, Commercial Buses, Recreational Vehicles, Equipment and automobiles with high quality technicians. The company also re-brands commercial fleet’s customers from time to time. An example is when a commercial account changed their logo several years ago this company repainted both semi-trucks and trailers and installed custom graphics. On staff is a fully trained RV technician for all types of service or repair work.

This operation has a turnkey management team in place and could easily be a second location or a platform to have several locations.

HISTORY: The Company which is a Sub S Corporation began business in 1978. The owner has built the customer base around commercial accounts and as expand several times due to the continued growth. Over the years the customer base has been expanded into the RV market and into the insurance market. The diversified customer base enables the company to have less of a sales cycle then other auto body operations. The owner has very high standards for the work that they complete. Thus being said, this company is not the lowest bidder in the market. The owner believes that his word and quality of workmanship is the legacy that he is passing on. The owner is very proud of what he has accomplished over the years and has a desire to find the right buyer for his business.

The owner is very proud of what she has accomplished and is very excited to pass on her expertise to a new owner and for the new owner to take his company to the next level.

SALES AND SELLER’S DISCRETIONARY CASH FLOW:

FISCAL YEAR FY 2010  ACT. FY 2009 ACT. FY 2008 ACT. FY 2007 ACT.
REVENUE $619,427 $643,073 $740,021 $1,014,233
MARGINS 43.98% 39.18% 38.87% 39.85%
CASH FLOW $102,631 $79,114 $110,780 $207,283

 

MARKETING STRATEGY: There is currently no marketing program in effect. The owner relies on repeat customers and referrals. The owner has identified 5 growth opportunities. He believes that if the buyer implements the opportunities the business can be grown substantially.

CURRENT DAYS AND HOURS OF OPERATION: Monday through Friday from 7:30 am to 4:30 pm.

EMPLOYEES: 7 Full Time Employees and 1 Part Time Employee whose wage are from $10.00 to $18.00 per hour with average employment of 7 ½ years.

ASSETS: Accounts Receivables $30,000; Inventory $3,000; Furniture & Fixtures $1,500; Forklift $2,500; and Equipment $65,000.

FACILITIES: The building is of steel construction that is in average condition for the age. The lease is $5,175 per month with approximately 150 sq feet of office, 7,450 sq feet of shop space and 8,600 sq feet of outside storage and wash bay.

REASON FOR SALE: Owner is at retirement age and desires to travel the United States.

DIRECTIONS: Contact Bill Billingsley or Brent Freeman for more information at (503) 233-8600 or e-mail billb@thecbbgroup.com or brentf@thecbbgroup.com. No additional information will be released until the buyer has been pre-qualified by the Broker.

NOTE: THE BROKERS HAVE MADE NO INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED HEREIN

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