by Jill Kerr | Oct 19, 2022 | Acquisition, Business for Sale, Buying A Business, Featured Business For Sale, Richard Stopa
This 30 year-old leading provider of workplace solutions offers conflict management, organizational development and diversity, equity and inclusion consulting, coaching, and training to clients nationwide from their headquarters in Washington DC. Clients include major government agencies, global corporations and non-profit organizations who want to support the health and well-being of their employees and the effectiveness of their organization. The owner wishes to retire.
Key features of the business:
- Solid staff in place and a large network of contractors around the U.S.
- Diverse and highly experienced employees with extensive experience and training
- The Diversity, Equity and Inclusion industry, of which this business is a part, is expected to grow to $15.4 billion by 2026
- Seller who is willing to train and assist the buyer with a smooth transition
Asking Price: $1,200,000
| Financial Summary |
| |
2022* |
2021 |
2020 |
2019 |
| Revenue |
$ 1,314,982.00 |
$982,236 |
$989,164 |
$1,047,812 |
| Cost of Goods Sold |
$388,000 |
$417,472 |
$398,024 |
$566,775 |
| Gross Profit |
$926,982 |
$564,764 |
$591,140 |
$481,037 |
| Gross Profit Percentage |
70% |
57.5% |
59.8% |
45.9% |
| Seller’s Discretionary Earnings |
TBD |
$161,000 |
$163,297 |
$159,323 |
*projections from owner include revenue from two new 5-year government contracts
Please Contact: Richard Stopa (RStopa@harvestbusiness.com or 703-307-1187) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
by Jill Kerr | Oct 5, 2022 | Business for Sale, Eddie Davis, Featured Business For Sale, Maryland, Uncategorized
COMPANY PROFILE
– In business for 28+ years
– Job sites in the DC metro and throughout Maryland
– Multiple revenue streams (structural construction, fabrication, welding)
– Key management team
– Established relationships with supplier and customers
– Multiple growth opportunities
– Average SDE (sellers discretionary earnings, 2018-2020) $615k
BENEFITS TO BUYER
– Consistent financial results
– Long-term staff
– Owners understand the need for a smooth transition and will support buyer as needed
– Turnkey business processes
– Value of hard assets $1.0mm
BUYER PROFILE
– An owner/operator looking to acquire an established, well know business
– A strategic buyer searching for growth / diversification opportunities
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com
by Jill Kerr | Sep 15, 2022 | Business for Sale, Featured Business For Sale, Maryland, Richard Stopa, Uncategorized
This well-established 10 year old healthcare company devises and implements cost-effective solutions to help healthcare systems, organizations and providers increase revenue and ensure the most successful medical operations possible. The business is located in Maryland and the owner wishes to retire.
Core competencies include:
- Managed Care Contracting
- Contract Review and Fee Negotiation
- Coding, Compliance & Education
- Risk Adjustment Reviews
- Coding support
- Compliance Reviews & education
- Healthcare Management Consulting
- Practice Assessments
- Due Diligence Reviews
Key features of the business:
- A $1.3 M sales pipeline
- Solid staff in place and a high number of repeat customers
- Proprietary software that can be developed into new profit center
- Growth industry in a fast-growing geographic region
- Seller who is willing to train and assist the buyer with a smooth transition
|
Financial Summary
|
|
|
2022 (Projected) |
2021 |
2020 |
2019 |
| Net Income |
$ 1,912,962 |
$ 1,633,438 |
$ 1,280,819 |
$ 911,326 |
| Net Profit (Loss) Before Taxes |
$ 464,000 |
$ 62,111 |
$ 92,094 |
$ (16,601) |
| ADJUSTED NET INCOME |
$ 544,160 |
$ 277,271 |
$ 269,585 |
$ (29,261) |
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
by Jill Kerr | Apr 6, 2022 | Baltimore MD, Business for Sale, Eddie Davis, Featured Business For Sale, Maryland
A unique, 45+ year old company that specializes in the sale and installation of products designed for promotional purposes, advertising campaigns, sporting events and a variety of recreational activities. The company has developed a diverse, loyal customer base that includes government and commercial customers and sales to individuals and organizations. Customers are located in the Baltimore / DC metro. Buyer will benefit from experienced and processes developed by the operational and sales teams.
Company Profile:
- 45+ years, Baltimore MD based multi-generational family owned business
- Job sites from Baltimore to N VA Multiple revenue streams (installation and product sales)
- Key management team
- Established relationships with supplier and customers
- Multiple growth opportunities
- Average revenue $1.6m
- Average SDE (sellers discretionary earnings) $180K
Benefits to Buyer:
- Consistent financial results
- Long-term staff
- Owners understand the need for a smooth transition and will support buyer as needed
- Turnkey business processes
Buyer Profile:
- An owner/operator looking to acquire an established, successful business family business
- A strategic buyer searching for growth / diversification opportunities
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com
by Jill Kerr | Mar 22, 2022 | Baltimore MD, Business for Sale, Construction, Eddie Davis, Featured Business For Sale, Uncategorized
Company Profile: Deck and fence contractor, 15+ years, multiple revenue streams, key sales and management team, proven lead generation systems providing high quality leads, reliable/dependable construction crews. Customers ask for additional services. A great expansion opportunity for someone offering home repair work and looking for growth strategies. Real estate owned by seller, not included in sale.
Real Estate: Owned
Employees: 10
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: owned by seller, not included in sale
Growth & Expansion: customers ask for other home repair services; good opportunity for someone now providing home repair services
Support & Training: seller will provide reasonable transition period
Reason for Selling: retiring
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to EDavis@HarvestBusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com
by Jill Kerr | Feb 28, 2022 | Business for Sale, Featured Business For Sale, Richard Stopa, Uncategorized, Virginia
For sale is a highly regarded 40 year-old commercial cleaning company in the booming Northern Virginia market. The business has highly satisfied customers, experienced and loyal employees, and tremendous growth potential.
All processes are in place for a new owner to come in and grow the business. This opportunity is especially-well suited for someone who wishes to expand their cleaning operation with a turn-key business.
The company provides the following services to churches and private schools:
- Regular ongoing contract cleaning including weekend work when requested
- General cleaning tasks: vacuuming, sweeping and mopping, dusting, glass, restrooms
- Floor maintenance: stripping/scrubbing and waxing, buffing
- Small carpet cleaning jobs for current clients
- Set-up services as requested
- Cleaning after special events (weddings, receptions, etc.)
Asking Price: $475,000
| Fiscal Year |
2021 |
2020 |
2019 |
2018 |
| Revenue Accrual Basis |
$900,345 |
$953,665 |
$1,074,126 |
$1,110,487 |
| Seller’s Discretionary Earnings (SDE) |
$162,265 |
$171,314 |
$190,760 |
$222,074 |
Ideally Suited for A Buyer Who:
- Has a business outside the area and is looking to expand to the DC market
- Has another location in the DC market and wishes to expand its presence
- Wishes to add on to an existing commercial services business
The buyer should have business experience. Cleaning service business experience is a plus.
Click here for a Non-Disclosure Agreement and Finance Document.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to RStopa@HarvestBusiness.com We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed.
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.
