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This will get you the Full Sales Package and name and location of the company. If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA. This automatically requests the Full Sales Package containing a detailed Data Room with Financials and a Comprehensive Video on the entire operation including a Full Interview with the Owner. If you have any questions or comments on this Non-Disclosure Agreement please email me at firstname.lastname@example.org or call me at 303-905-7607. Thank you.
The Sales Price is now 1.5M from 1.59M
This company has been recession proof. Their earnings did not drop during the 2008 to 2012 downturn. The company has some seasonality based on weather especially extreme heat, cold, and snow.
The company has a very up to date fleet of 8 Heavy Wreckers and flatbeds, including several purchased within the last 5 years. The wrecker/flatbeds were valued at $1.4M by a 3rd party in late 2016.
The owner works 50 to 55 hours a week dispatching, ensuring customer satisfaction, and doing the bookkeeping/payroll. The owner will be available to help in transition and consult longer term.
The company has many long standing relationships and profitable contracts in place that generate recurring revenue. The customer list is very large and includes many nationally recognized household names. They are licensed in all 50 states.
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This is a 15 year old company that sells wood and steel doors, frames, and hardware. They purchase the doors and frame parts and then assemble, fabricate, machine and weld the materials into door and frame units that are ordered by their customers. They also sell a multitude of door hardware items, vision lites, hinges, thresholds, weather strip and any products that are needed for doors and frames. The company sells to both the wholesale and retail trade. The customer base is 85% commercial and 15% residential. . Read More...
The company’s top and bottom line has grown every year until 2016 when they decided to mostly stop doing REPAIRS because of the cost of fighting to get paid by the insurance companies. REPLACEMENTS are more profitable but require salespeople and he has shifted his time to his roofing company. He had hired a manager to replace him but had to part ways with him this spring when he realized it was not working out. That manager is now in the construction business and has not been replaced. He decided to sell the company instead of replacing him allowing the new owner to fill the role of managing and growing this business.
The owner built this company from 0 in revenues to 1M in revenues with the vans and equipment to be able to generate more than 2X this in revenues before additional capitalization would be necessary.
Dealerships/body shops/Insurance agents are Recurring Revenue which always supports a higher sales price. Plus this business will not change after the sale based on their reputation and location. They are 4 stars on both Yahoo and Yelp with no negative reviews.
Colorado is one of the #1 states in the country to own an auto glass company.
Because of the radical temperature changes, and the fact that rocks are mixed in with the salt that CDOT drops on the road during the winter months, windshields are always in need of replacing.
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The trailing 12 months revenues through July 2017 were $465,891 with adjusted earnings of $207,691. The owner has no manager and only works 17 hours per work on average. Her system will allow the new owner to spend the majority of their time growing the business.
This house cleaning business was started by her from 0 in 2001 without any experience. It is 90% residential with some commercial cleaning over the weekends. She only works 15 to 20 hours a week in this business. She has consistently maintained a client base of approximately 100 clients while working out of her house and using a storage shed to stage the cleaners every week.
This business is a great buy based on the following: 90% recurring revenues, owner does not have time to grow it only working 15 to 20 hours a week, owner has developed a system that will allow a new owner to spend most of their time growing the business.
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BIG PRICE DROP on Sept 20, 2017 to $210K from $310K which was originally $403K. The revenues are up 6% year to date and this company is now priced at under 1 ½ times their 2016 Earnings plus their cost of inventory which is currently $455K and they are further offering a $25K adjustment for older accessories/inventory)! This is now priced to sell at a total price of $640K which is down from the original price of $790K. Plus, this is the best time of year to buy a retailer heading into the Holidays.
The 2016 earnings were 158,691 on 1,526,461 in revenues. The company’s top and bottom line has grown every year. The revenues are up about 8% through August of 2017 with the net income down slightly which they say is due to a vacation they took and closed the store during that week and that they can easily make that up and have a higher bottom line than 2016 by year end.
The new owner can continue to expand by either adding another location, moving to a bigger location when the lease is up, or by simply opening more than 5 days and 35 hours a week to more normal hours. Plus, Sports Authority went bankrupt last year and was a major local supplier of guns especially hunting guns and accessories.
The owners started in 2011 by selling guns at local gun shows after obtaining an Federal Firearms License. They did gun shows throughout 2012 and 2013, and then settled into their current location in 2014. They are a husband and wife team that left corporate America to follow their passion for reloading and firearms. They have built this company from 0 in revenues and 5 guns in their inventory, to 1.6M in Revenues, 158K in Earnings, and 470K in current value inventory and assets which is mostly new firearm inventory.
This business is well established and has many long-standing customers and referral relationships which means Recurring Revenue which always supports a higher multiple. Plus this business will not change after the sale based on their reputation and location. They are 4 ½ stars on both Facebook and Yelp and 5 stars on Google with no negative reviews on all 3 sites. . Read More...
The Sales Price was just lowered as of Sept 21st to 425,000 from 640,000 because we found that they deposited a 79,000 check from an insurance company in 2016 that was for hail damage to their building and their QuickBooks picked it up as income when it wasn’t. We have adjusted accordingly as you can see in the attached spreadsheet and PL’s. In addition, the Seller has now agreed to carry up to 15% for a qualified buyer.
The combined earnings for 2016 were $190,569 on sales of $1,807,325. They were established in 1986 as a residential construction company and evolved into a commercial construction company adding the helical piering company in 1990. They do most of their work for the Local, State, and Federal Government especially the US Postal System(USPS).
They have a long term relationship with the City of Colorado Springs, Denver, Denver Suburbs, the USPS, and with many of the private owners of Post Offices in Wyoming, Colorado, etc. They are spending 30 to 35 hours a week working for the business and neither goes out in the field with some exception for him on larger bids. This company has a very high percentage of Recurring Revenues because it has a long term reputation with the USPS and various Government Agencies.
They have 90% plus in recurring revenue and do zero advertising. Plus, they have almost $200K in current value assets including $104K in vehicles/trailers. No construction experience is necessary. They will train you and let you use their licenses until you get your licenses which they can help you with.
A buyer will get a business that has both work in progress and work waiting to be done. This companies revenues comes to them consistently from long term customers that pay 100% of the time and pay in a timely manner.
Location: Colorado Springs Greater Metropolitan Area, CO
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31 Year old Transmission Repair Shops
2 Locations in Denver: Wheat Ridge and Lakewood
As of Sept 21st, the sales price has been lowered to $700K WITH EVERYTHING INCLUDING 80k WORTH OF INVENTORY FROM 730k PLUS INVENTORY before the 21st. This is a very big drop of $110K in price. The original sales price of $790K plus inventory. He is having some health issues and needs to sell. The business is doing very well and the leases are flexible also.
Since 1986, a transmission repair company that has grown into 2 locations with long term referrals from other repair shops and the owner just managing the business and employees. The buyer does not need transmission experience. The owner has not repaired transmissions for over 10 years.
2016 earnings were 274,781 on 1,431,447 in revenues. The business made 345,908 on 1,534,932 the year before. He says he is being forced to retire after 31 years in the business because he has lost his passion because of a serious health issue that he found out about towards year end 2016. He states that 2016 could have easily been bigger than 2015 with a new owner with more energy and in better health. His business has been down since his diagnosis and therefore, we have adjusted the price down from 790K to 700K to offset this. He is back in good spirits and working like he used to and the business is busy again but he has to sell.
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A mostly carpet cleaning service with a high profit margin and expandable model. They also offer commercial janitorial cleaning along with non carpeted floors, tile, duct, upholstery, window cleaning, and emergency water restoration.
The trailing 12 month revenues through March 31, 17 were 275K with an adjusted net income of 84,865. Approximately 2/3rds of the revenue is recurring revenue every year. 2016 had revenues of 274K and adjusted earnings of 83,442.
The owners are a married couple with only the husband working at the business 35 hours a week on average. She works full time at a different job. The business is well established in their area and has a perfect reputation with no drama. This business will not change the day after a new owner buys it. The owner plans to retire, relocate, and will sign a non compete.
He believes there are a lot of ways a new owner could grow this in a low risk way in the future. He started this business from zero in 1994 and he has created a very effective and profitable model that can be expanded.
The business has great employees who are loyal with several of them being there for many years.
Located in the Gunnison/Montrose Area servicing both Montrose and Gunnison Counties which is one of the most beautiful areas of Colorado.
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The 2016 revenues were 911,249 with normally adjusted earnings of 164,036.
You also get approximately 50K in Assets Debt Free! This is mostly large pieces of equipment at its current value. The total assets also include fixtures and equipment. The food inventory will be extra.
This is almost a turnkey operation because the owner has figured out what works and what doesn’t over 31 years. He believes the new owner should keep several popular dishes, add a full bar, and make it their own concept.
Many long-standing loyal customers which has resulted in a high percentage of recurring business, plus they add hundreds of new customers every year!
Location: Between Congress Park and Cherry Creek, CO
The seller is asking 390K plus inventory. . Read More...
The 2016 revenues were 1,131,735 with normally adjusted earnings of 187,586.
You also get 280K in Assets Debt Free. This is mostly large pieces of equipment at its current value including fixtures and inventory.
This is a turnkey operation. They have many long-standing loyal customers which has resulted in a high percentage of recurring business, plus they add hundreds of new customers every year. They also have long term employees whom will all stay post closing.
This is a fun business to own. The owners think the next phase is to open another restaurant, find greater distribution of their proprietary sauce and advertise more for the one they have.
Location: North of Denver, CO
Sales Price: Just lowered to 690K. This is an asset sale with net zero debt transfer transaction for the buyer. . Read More...
Price just Lowered to 1.275M from1.35M which was originally 1.65M
The earnings for 2016 were 331,254 on 1,206,478 in revenues. The company has approximately 875K in furniture, fixtures, equipment and inventory included in the 1.275M price. The company boasts a very up to date fleet of 18 Tow Trucks and Trailers including many purchased in 2015. Additionally, there is 50K-80K worth of scrap metal that they use for parts and 5K worth of tools and equipment associated with each truck and a lot of FF&E at each location.
They have long standing and profitable contracts and are large enough to create a barrier to competition.
The owners are mostly absentee and spend the majority of winter in Florida.
Location: Central mountains of CO servicing West of both Denver and West of Colorado Springs.
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A very special 44 year old Full Service Flower Store that is as perfect as you can imagine right in the middle of an old historic downtown section of a Northern Colorado town.
2016 had revenues of 588K with adjusted earnings of 102K. The growth has been a very steady 8%.
The owners are husband and wife whom will be retiring. They have owned the store for 16 years.
The revenues are from online sales from their website, walk in traffic, a large customer base, monthly/weekly accounts, wedding/event planners, referrals, recurring contracted work which comes from business, hospitals, funeral homes, event facilities, and an online “wire service” that sends them orders which they can chose to fill or not based on each orders potential profitability.
The new owner will have several ways to continue to grow the business which the owners would be happy to discuss with you.
The Sales Price includes 100,000 of current value equipment that includes 3 vans(1 new), POS system with built in time clock, payroll, delivery tracking, quick books, and email.
Location: North of Denver Colorado
Sales Price: 315K plus a negotiated value for the Merchandise and Inventory.
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The price was reduced to $365K plus a small amount of inventory which means that it is selling at approximately 2 1/4 times earnings. He spent 3 1/2 months in Alaska last year and this cost him a lot of business during peak season last year. If you were to annualize the months he was in town this year, the business would be selling at significantly less than 2 times earnings. This business can grow quickly with a new owner.
They are established with a great reputation and an A+ BBB rating already in their market. They do both residential and commercial roofing and can remove and install solar.
This business would be easy to expand throughout the front range of Colorado with their reputation, website, and Better Business Bureau A+ rating. This creates a solid base for future sales and growth. The hard work has already been done.
Location: The owner works out of his house just West of Denver. This can be located anywhere in Denver or the Foothills.. Read More...
The owner has lowered the sales price to $540K from $700K plus 75% of his cost of inventory which he estimates to be 50K for the HVAC Co($35K on top of the $540K for everything). He will help in transition for up to 6 months and will consider working or consulting longer term if a new owner wants his help. He believes this business can get back to the $3.5M in revenues it did before the down turn with a new owners energy and his model. This is a big price drop.
He will also sell the parts supply company which is now profitable for 75% of his actual cost to inventory. He just had a physical count of his inventory for both business. The Supply House’s inventory came in at $100K. It is generating $400 a day on average in new sales, and helps him to get a great cost of supplies for the HVAC Co that he can’t get anywhere else. He will sell the Supply Company for $75K now.
He will lease or sell his building which has the HVAC Co on the main floor and the Supply Company on the 2nd floor for his cost which is 285K. He bought it for 235K and has over 50K in upgrades to it. Bottom line is a buyer can buy the main business with its inventory and supply business for $650K now and lease the building or buy the building with both businesses for a total of $935K. This is a great price for an established business with a history and model that has tremendous growth built into it.
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