Use your retirement funds without penalty to own this successful business. Parent-pay tutoring is a $6 billion industry.

You need to seriously consider this business opportunity if you:

• are tired of living off of retirement funds and savings.
• want to earn a healthy income on a reasonable investment.
• want to make a difference in the community.

This school is well-established with a stellar reputation. It tutors students in grades, K through 12 in reading, writing, math, phonics, spelling and study skills, and provides test prep for the SAT and ACT college entrance exams.

Loren Marc Schmerler, CPC, APC, President and Founder of Bottom Line Management, Inc. will show you how to buy this business within an IRA, SEP-IRA, 401k or KEOUGH plan with no penalty. You will not have to wait 6 to 8 weeks for a SBA loan, and you will not have to pledge all your assets. Best of all, you will have no debt services which will lower your overhead. School hours are Mon – Thur 11 – 8; Fri 4 – 7; Sat 9 – 3; Sun 2 – 5. Franchisor supplies marketing materials and website is professional.

For more information contact Loren today – call: 770-977-7334 or email: LMS@botline.com.

The best part of this established business is that it’s successful and a revenue generating company. No need to start from scratch and endure the challenges of starting a business.

 Financial Details

• Asking Price: $250,000
• Gross Income: $596,158
• Cash Flow: $82,688
• EBITDA: N/A
• FF&E: $60,000.00 *
• Inventory: N/A
• Real Estate: N/A
• Year Established: 2006
• Employees: N/A
• Business Type: Educational Services

* included in the asking price

 Details

• Facilities: 2,400 sq. ft.; $5,339/mo.; CAM – $8,000/YR.; 2 management desks, 2 management chairs, 2 task chairs, 8 chairs for lobby; 2 chairs in management office; 2 management book cases, 9 large file cabinets, 16 steel book cases, 1 computer table with chair and Dell computer.
• Competition: There is nothing quite like this school.
• Growth/Expansion: Growth is directly related to marketing, advertising, public relations and press releases.
• Financing: $175,000 Down With $75,000 @ 6% Over 10 Years With 3 Year Balloon
• Support/Training: To be determined.
• Reason Selling: Relocation.

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler

Phone: 404-550-1417

Email: LMS@BOTLINE.COM

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Pet popularity is at an all time high. According to the 2011-2012 APPA National Pet Owners Survey, 62% of U.S. households own a pet, which equates to 72.9 millions homes and for 2011, it estimated that $50.84 billion will be spent on our pets in the U.S. An estimated $3.65 billion will be spent on pet services that includes grooming & boarding.

This established doggie daycare for sale is a profitable and a great business opportunity.

Description

Doggie daycare, boarding and grooming businesses are on fire. Run properly, they grow rapidly and profitably.The choice is yours, but as everyone knows these businesses are few and far between. They are highly desirable for people who love dogs. The employees are terrific with the animals. This business has stalled because the owners each received promotions too good to refuse. * I have sold 2 of these previously, and the owners made more than $100,000 a year. In your first 12 months you can reach $100,000 with proper marketing and customer service.

Financial Details

• Asking Price: $175,000
• Gross Income: $275,000
• Cash Flow: $60,000
• EBITDA: N/A
• FF&E: $15,000.00 *
• Inventory: N/A
• Real Estate: N/A
• Year Established: 2001
• Employees: 4ft/2pt
• Business Type: Pet Care & Grooming

* included in the asking price

Details

• Facilities: 7,500 sq. ft. of indoor playground and outdoor play area. New 5 yr.lease started June 2010. There are 2 five year options. Each 5 yr. option extension has no annual escalation. Current rent is roughly $5,300/mo. including CAM.
• Competition: There are several competitors, but they do not have the appeal of this one.
• Growth/Expansion: The opportunities are endless. Grooming can be expanded. A training school can be started. Relationships with vets who do not board can be established. Retail can be implemented.
• Financing: $75,000 down with $100,000 @ 6% 10 yr. amortization 3 yr. balloon or $150k CASH
• Support/Training: The staff will train the new owners for 2 weeks.
• Reason Selling: The owners each received large corporate promotions and have no time to manage.

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

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Do you have a passion for fashion? This business is a wonderful opportunity for anyone who has a flair for fashion!

Consignment shops have been listed as a business with the most profit potential venture in a recovering economy.

This business is well-established with over a decade of name recognition. Business was profitable from the second year of operation and has grown in a recession environment. Loyal clientele with lots of referral business. Located in a busy strip shopping mall on a major road with large, long term nationwide retail anchors.

This business is well-established with over a decade of name recognition and loyal clientele with lots of referral business. The business was profitable from the second year of operation and has grown in a recession environment. Located in a busy strip shopping mall on a major road with large, long-term nationwide retail anchors. Located less than one mile from interstate makes this shop accessible.

6 POS systems support all the tag printing systems, printers, scan guns, receipt printers, CC d machines and fax machines. 12 camera security system offers entire store monitoring plus sensor tagging system. Great interior space with lots of light and nice walking area connected with several major store chains. The shop has new paint and equipment with adequate storage with a large parking area with short distance from car to store.

Detailed Information

• Facilities: NW Atlanta – $5,931/mo.; 3,000 sq ft Lease Term 3yr ends 06/2014.
• Competition: This business has an incredible reputation.
• Growth/Expansion: How many customers or clients do you have? Total contact including Sellers, POS, Email and Facebook. NW Atlanta 19,400
• Financing: $100,000 down with $65,000 @ 6% over 10 years with 3 year balloon payment.
• Support/Training: Owners will give 1 week of transitional assistance.
• Reason Selling: Want to pursue other business opportunities.

Financial Information:

• Asking Price: $165,000
• Gross Income: $359,408
• Cash Flow: $92,174
• EBITDA: N/A
• FF&E: $10,000.00 *
• Inventory: $70,000.00 **
• Real Estate: N/A
• Year Established: 1998
• Employees: 1 ft/1 pt

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

Contact us today!

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This business is a great opportunity for anyone with a strong sense of fashion.

This successful boutique features: clothing, shoes, accessories, and art & home accessories. Since 1982, the owner has crafted an art at choosing items for these stores that will make our customers feel like they are truly making a one of a kind purchase.

Business Description

We are so excited to finally be online! If you have never visited one of our 2 retail locations, we invite you to browse our site and learn a little bit about us. In each of our stores, every item is available for sale; from the recycled rugs on the floor, to the folk art on the walls, we hope to have a little something special for everyone. Of course don?t forget to browse our racks for our fabulous and unique clothing with new shipments arriving daily.

Detailed Information:

• Facilities:
  Location # 1 – 2,100 sq. ft.; $3,500/mo. for first 12 months; $3,640 for last 24 months; Lease expires 1/31/2015.
  Location # 2 – 1,500 sq. ft.; Month to month; $1,250/mo.; sublessee pays $300/mo.
• Competition: This store is one of a kind
• Growth/Expansion: Buy, and you will sell
• Support/Training: Owners will assist for 4 weeks
• Reason Selling: Retirement

Financial Information:

• Asking Price: $900,000
• Gross Income: $1,659,963
• Cash Flow: $709,448
• EBITDA: N/A
• FF&E: $20,000.00 *
• Inventory: $300,000.00 *
• Real Estate: N/A
• Year Established: 1982
• Employees: 3FT / 6PT
• Business Type: Apparel and Accessory Stores

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

Contact us today!

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How Do I Sell My Business to My General Manager and Why or Why Not

If you are a business owner who started and grew your business over the last 15 to 20 years, you have built up a great deal of value. This value was created from your labor and decisions along the way. But your sweat equity is locked up within your business until you find a suitable buyer.

In today’s economy, there are many potential buyers seeking to acquire a successful and profitable business. But the vast majorities of them do not know anything about your business and have never purchased or operated a business in their lives. It is a very scary thought to hand over the reins to a person who is basically clueless and does not possess your passion for your employees, customers and vendors.

Then you have the issue of financing to consider. If your tax returns for the two most recent years are strong enough, the sale of your business can be pre-qualified for a SBA loan. Even with some type of bank loan, you will have to provide some amount of owner financing. The buyer will have to put a minimum of 25% down, and you will have to hold a minimum of 10% in a note on standby for 2 years.

If your tax returns are not strong enough, then you may have to consider owner financing for the entire transaction in excess of the cash down payment. If this is the case, the risk is increased exponentially. Instead of looking outside your business for a prospective buyer, you might consider looking within your business. Many businesses have a general manager. This employee knows your business inside and out. They know your customers, your vendors and your employees.

The biggest negative is that most general managers do not have a high net worth. Their liquid assets are limited. But no one can run your business any better. So you have a decision to make. Should you sell your business to them, and if so, how the transaction should be structured.

Step one is to see what a SBA Preferred Lander is willing to do after they examine your tax returns and perform a Seller’s Discretionary Cash Flow analysis. They will tell you how much money they are willing to lend and what collateral and cash down payment they will require. With that known, you can look at what amount of owner financing will be required. One thing you must keep in mind is that the bank will be in the first position if your employee defaults on the loan.

Step two is to ask your employee to provide you with a current credit report. You want to review it to see if there are any slow payments, collections, charge offs, tax liens or other derogatory items. If your employee is slow paying his credit cards, the chances are that your note may fall into the same category.

Step three is to ask your employee to provide you with their 3 most recent tax returns. If they are not current with their filings, this is another red flag, since it indicates that they are not financially responsible.

Now I do not want to sound totally negative so let us see when it is appropriate to sell your business to your General Manager. The list below will provide you with some basic guidelines.

1. If your General Manager has worked for you in excess of 10 years.

2. If your General Manager has a clean credit report.

3. If your General Manager is current with their tax filings.

4. If your General Manager passes a physical with flying colors.

5. If your General Manager can obtain a life insurance policy that covers the amount you are financing.

6. If your General Manager can pass a random drug test.

7. If your General Manager has no criminal history.

8. If your General Manager can be bonded.

9. If you sell your General Manager partial stock in your company. As an example, if you sell your company for $500,000, and your General Manager only has $50,000 to put down, you transfer 10% of the stock. Then as future cash payments are made, more stocked is transferred.

The best reason for selling your business to your General Manager is that the likelihood of crash and burn is dramatically decreased as opposed to selling your business to an outsider.

Loren Marc Schmerler, CPC, APC is President and Founder of Bottom Line Management, Inc. He has been a business broker since 1986 and a business consultant since 1970. Loren represents sellers and buyers and has qualified for the 2012 Georgia Association of Business Broker’s Million Dollar Club.

Contact us for more information.

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The health food industry is a 26 billion dollar business and continues to increase yearly with greater demand. According to the Organic Trade Association, U.S. sales of organic food and beverages have grown from $1 billion in 1990 to $26.7 billion in 2010. More Americans are concerned about eating healthier, you can help people achieve their ultimate health through this health food store.

The gross sales that the former owner reported to the IRS were as follows: 2008 ($927,709); 2009 – ($887,737); 2010 ($810,392). For a $225,000 investment you receive a guaranteed $100,000 of inventory at cost. You are buying the business for just $125,000.

You can use $200,000 from your retirement funds to earn $150,000+ year. Any profits left after paying yourself are non-taxable. You can invest them any way you want within the retirement plan.

The current owners are the original owners from 30 years ago.

If you pay all cash, you can buy the business plus inventory for just $200,000.

About the Business

• Year Established: 1980
• Number of Employees: varies
• Facilities: 3,000 sq. ft. of which 2,000 is retail, 400 are 2 offices and the balance is service, bathroom and storage. Lease is triple net at $7,000/mo. The only add ons are increases in maintenance, insurance and property taxes. There are 2 sub-tenants paying a total of $2,375/mo. So net rent is only $4,625 in prime location. Term can be 3 years with a 3 year option. Initial rent does not escalate for 3 years.
• Market Outlook and Competition: There are tremendous opportunities that the owners will share with the right buyer. While there is significant competition, the owners have said that if the store is run properly, a new owner can net $150,000+.

About the Sale

• Management Training and Support: Sellers will give 2 weeks assistance included in the sale. If more help is desired, this will be negotiated between new owner and sellers.
• Reason For Selling: Family needs in other states.
• Seller Financing: $150,000 down with $75,000 @ 6% over 36 months

Financial Details

• Asking Price: $200,000
• Inventory: $100,000 ++
• Gross Revenue: Not Disclosed
• Real Estate: n/a **
• Cash Flow: Not Disclosed
• FF&E: $50,000 ++

++ included in the asking price ** not included in the asking price

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

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This company has AAA client roster and located in Metro Atlanta, Georgia.

ABC Company has been meeting and often surpassing customer expectations since February 2001. A full service Mechanical Engineering & Contracting company specializing in Class A/B tenant finish, Medical & Surgery Centers, and New Construction. ABC Company has a fully staffed service department focused on maintenance and repair of systems with our main emphasis placed on the best way to increase system efficiency and decrease operation expenses for our customers.

Our principals have a combined 80+ years of experience in the industry and 50+ years of craft supervision experience. We have a registered Professional Engineer on staff and can design/build a system to suit any customers’ needs. We also have experts on staff that can help with the design, construction, and upgrade of large operations. We have the experience to handle certified projects which includes the creation and submission of supporting documentation to the USGBC for any level of certification being sought on a project.

ABC Company is fully insured and licensed.

Financial Details

• Asking Price: $2,400,000
• Gross Income: $5,981,065
• Cash Flow: $463,060
• EBITDA: $231,530.00
• FF&E: N/A
• Inventory: $10,000.00 *
• Real Estate: N/A
• Year Established: 2001
• Employees: 48
• Business Type: Special Trades

* included in the asking price

Detailed Information

• Facilities: 8,294 sq. ft. of warehouse and office space. November 1, 2011 – October 31, 2014. Base rent $4,200/mo. + $.50/sq. ft. CAM.
• Competition: While there are other construction companies that provide these services, no one has the equivalent client roster and reputation.
• Growth/Expansion: More work can easily be obtained in coastal Georgia as well as metro Atlanta.
• Support/Training: Owner will provide 4 weeks of assistance.
• Reason Selling: Other business interests.

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

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Join the $2.1 billion dollar-a-year foreclosure cleanup industry. With bank foclosures at a high (record 2.9 Million U.S. properties receive foreclosure filings in 2010), banks are in need of companies to help them clean up and fix foreclosed properties.

The best part of this established business is that it’s successful and revenue generating company. No need to start from scratch and endure the challenges of starting a business.

This company is projected to do $2,900,000 in sales for 2011. It 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. Cash Flow for 2011 will be $340,000 which is more normal than 2010 which was extraordinary.

Financial Details

• Asking Price: $1,200,000
• Gross Income: $3,117,085
• Cash Flow: $620,000
• EBITDA: N/A
• FF&E: $200,000.00 *
• Inventory: N/A
• Real Estate: N/A
• Year Established: 2007
• Employees: 35
• Business Type: Landscaping & Yard Services

* included in the asking price

Detailed Information

• 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/Expansion: Secure additional bank relationships or spread into non-bank areas.
• Financing: $900,000 down with $300,000 @ 6% over 10 years with 5 yr. balloon
• Support/Training: Owner will provide 4 weeks of transitional assistance.
• Reason Selling: Relocation.

Don’t let this great business opportunity get away. Contact Bottom Line Management, Inc. today for buying details!

Broker Contact Information

Contact: Loren Marc Schmerler
Phone: 404-550-1417
Email: LMS@BOTLINE.COM

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Create a new life – be your own boss. Buy the business of your dreams.

Bottom Line Management, Inc. is here to help you identify business opportunities that meets your personal, professional, and financial goals. Business ownership can offer you financial rewards and a great deal of personal satisfaction. Preparation is a key factor in buying a business. Motivated buyers should weigh their options carefully before selecting a business to purchase.

Consider the following factors as you are deciding what kind of business to buy.

• What do you enjoy doing the most? Are you technically skilled in this area?
• What are your strengths and weaknesses?
• Are you motivated to do whatever it takes to make your business successful?
• Do you have the interpersonal skills to work well with clients and employees?
• Do you have a business plan with achievable goals?

Working with Bottom Line Management, Inc. will:

Save you time
If you are an entrepreneurial individual looking to capitalize on your dreams, we can help you select a business where you can use your current skills to discover satisfaction and success. If you own a growing business that is seeking an effective growth strategy, we can manage a well-executed acquisition where you can take advantage of synergies between your current business and the integration of a newly acquired business.

Save you money
Bottom Line Management, Inc. will mediate and negotiate the best price to buy your dream business.

Ensure buying process is seamless
Bottom Line Management will work with you from contract to closing to ensure that all the necessary paperwork is in order and that the business has seamlessly transitioned to you.

Bottom Line Management will work with you to determine how your strengths and interests will align successfully with businesses that are available in the marketplace. Contact us today to become your Own Boss.

Recently, a female friend of mine relayed an experience she had with a hair salon that inspired me to write this article. Over the last 25 years, I have been asked to list and sell numerous hair salons. Some of these salons operated off the “chair rental” model where each stylist paid a weekly or monthly amount for use of a work station throughout the week or month. In this scenario, the stylist is responsible for his or her total expenses. Each stylist is an independent contractor, and they are responsible for their own taxes, benefits, continuing education, etc. Scheduling can be flexible, but there are no paid holidays or vacation days. Most importantly, there is no cross training between stylists to handle another stylist’s customers or to perform other spa related services like facials, manicures, pedicures, etc.

The second popular and more common business model is the “commission” model where the stylist receives a percentage and the owner receives a percentage. Frequently, the split is 60% to the owner and 40% to the stylist. But for more experienced stylists, the split can be 50/50 or sometimes even more to the stylist and less to the owner if the stylist is a real superstar who has a large clientele and provides color along with cuts. In this model, the stylists are employees. They have payroll taxes withheld and “theoretically” they are supposed to report their tips.

Based on the philosophy of the owner, the stylists are responsible for their own scissors but are provided with other products like color, conditioner, shampoo, etc. The owner will normally pay for continuing education because it makes each stylist more valuable. Stylists may receive vacation days and some insurance benefits. The owner dictates scheduling and permission to take time off must be approved by the owner. If a stylist is sick, the customers scheduled for that day either must reschedule or are passed over to another stylist or stylists who may or may not have an equivalent skill level.

I might add that the turnover rate in the hair salon industry is quite high, particularly if the owner is a tyrant or lacks empathy. Often times, two or three stylists will break away to start their own business. But there is a big difference between being a good hair stylist and being a successful business owner. The most common reason that business owners give for wanting to sell their salons is that they do not like the business and management responsibilities. They tell me that they just want to cut hair and interact with their customers and other employees as equals.

This brings us to the reason I am writing this article. My friend met a very successful salon owner who provided my friend with an unbelievable experience. From the moment she entered the salon, she was treated like royalty. There was an initial consultation (for which there was a fee charged) followed by an explanation of the “team” business model. Every stylist was cross trained to be able to provide shampoos, haircuts, facials, manicures and pedicures. If a stylist was ill or needed to be gone for the day, any of the other stylists could provide the desired services.

My friend was offered a beverage of her choice, and the stylist provided her with a very careful and methodical cut and color. Her bangs were especially important and were cut to perfection. Her color was matched exactly as she wanted. The next stage was a manicure followed by a pedicure. All services were delivered with the greatest of care.

The owner pays for all annual continuing education to keep her team current with all trends. Benefits to the employees include 50% medical/dental/vision insurance, paid vacation, paid holidays, flexible scheduling and bonuses. I am saving the most amazing aspect of this operation for last. No tips are accepted. Yes, you read me right – NO TIPS.

Pam Brinson’s own words follow. “I have been in this business a long time, and hated the competition between employees and also not knowing what I was going to make each week. With this plan, the girls clock in and out. Their hourly depends on their total services and retail sales, but also their commitment to teamwork, and also care of the salon. This has been good for us, because our clients are usually touched by all of the girls during a visit, and learn to trust us all as a team. Times have been hard the last few years; but I trust God to keep us here to take care of our wonderful clients!”