If you want to find out more details about any of these companies, please fill out the Non-Disclosure Agreement here: http://companybroker.com/buyer-profile-jeff.htm and submit it.
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 email@example.com or call me at 303-905-7607. Thank you.
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 as busy as the owners want to be after 31 years working in the industry and 4 grand kids. 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.
The Sales Price is $640,000 with the Seller willing to carry $64,000 of it. The risk in buying construction companies is whether you will have new jobs post closing and whether you can grow the business. They have 90% plus in recurring revenue and do zero advertising. Please watch the video interview in the link above to fully understand how unique of an opportunity this is. The sellers state several times that they could be much larger if they were trying to grow it. They are retiring and have kept the company at a comfortable size for years. 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. In other words, this business will not change the day of the closing. 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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The earnings for 2016 were 319,642 on $1,736,929 in revenues.
The earnings for 2015 were 300,958 on revenues of 1,784,062. 2017 is growing based on the long term relationships they have with long standing customers and companies. This is a unique opportunity because they are being offered at a sales price that is less than the current value of their Assets. This company has approximately 1.7M in Assets made up of $1.4M in tow trucks and vehicles and $300K in FF & E that includes a large amount of tools and other equipment. Typically companies with 100% of their sales price in current value assets especially assets as valuable as heavy tow trucks sell for 5 times earnings. At $1.59M sales price this is now priced just under 5 times the earnings. It is rare to buy a successful, growing, and profitable 45 year old company for less than the value of its assets.
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.
They have 11 long term employees. Their newest driver was hired 6 years ago and have a driver manager that has been there 17 years. All of their drivers have at least 15 years of experience. All drivers are full time, working 5 days a week, and earn a 25% commission. Their main administrative employee has been there 20 years. They also employ a part time mechanic and an office manager that helps the owner with dispatching and bookkeeping. Dispatchers are paid hourly. This company does not have issues hiring or keeping employees.
Location: Greater Denver Metropolitan Area
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The owners have built this company from 0 in revenues and 5 guns in their inventory, to more than $1.5M in Revenues, $161K in Earnings, and $493K in current value inventory and assets which is mostly new firearm inventory.
Their revenues are firearms, reloading supplies, equipment, ammunition, and shooting accessories. If they don’t have what a buyer wants in stock, they can order virtually any firearm. They also give a monthly carry and conceal class which they get paid to teach and usually results in additional sales. The classes are held at their retail location.
2016 earnings were 161,422 on 1,526,461 in revenues. The companies revenues have grown by more than 50% every year. They believe this will slow a little unless the new owner wants to 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, this will not impact overhead and well do nothing but increase sales. Sports Authority went bankrupt last year and was a major local supplier of guns. They have not added hunting guns because of their lack of retail space and passion for reloading. They can help a new owner do all of this and help him continue to grow this business dramatically.
This Business is priced at $402K which is only 2.5 times their 2016 earnings plus whatever their cost is on the inventory on hand on the day of the closing/sale of the business.
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31 Year old Transmission Repair Shops
2 Locations in Denver: Wheat Ridge and Lakewood
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 730K 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.
This Business is Priced 730K plus inventory which is less than 2 times the 2015 earnings and 2 ½ times 2016’s earnings and you get 165K in Equipment also. He has to sell. This business is well established and has many long-standing referral relationships which means Recurring Revenue which always supports a higher multiple than we are offering this for. The business will not change after the sale based on how they get their business.
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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...
A great staff is in place to ease the transition to new ownership. The location has been an operating coffee shop for over 10 years and enjoys good brand awareness.
This coffee shop was established in 2006 and exclusively sells Kaladi Brothers Coffee products. One vendor, Barista Pro Shop is used for 75% of inventory items for goods sold. The new owner is not obligated to use these vendors, and can bring additional or different products to compliment what exists.
The location has 28,115 in current value of equipment, furniture, and fixtures. Add the leasehold improvement costs and it totals approximately 75,000.
The store has always had a solid customer base, and a long term presence in the same location. Recurring revenues come from employees in the plaza that they are in. Their location is in a heavily trafficked intersection with a bank and easy access from both streets.
Sales Price: 89,000 sales price plus inventory of approximately 4,000.
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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...
Selling for less than 2 ¾ times 2016 earnings of 145,284 on revenues of 1,114,450. 2015 had revenues of 1,057,869 with earnings of 124,209.
2012, 2013 and early 2014 saw revenues and net earnings down because a previous owner was going through a divorce and didn't have the working capital to fund growth. In fact, the amount of jobs on the books coming into 2014 were close to zero. This business currently has a large and increasing amount of recurring revenues with 955K in contracted work that is carried over as of January 1st. This is 480K more than the same period last year which means this business should be over 1.8M in revenues this year. As of June 26th, their backlog is still almost $500K higher than it was at the same time last year and they are as busy as they can be. In fact, the owner is considering taking over the other half of the space in his building and buying a C & C Machine to keep up and increase both revenues and profitability.
This company gets its customers from contractors and architects that know the quality of their work and the benefits of using a local shop and will continue to refer customers. The closer you look at this business the more you will realize that the current owner has fixed all of its past problems. The owners are married and they have grown this from 4 to 10 full time and reliable employees, added new equipment, refurbished existing equipment, and most importantly re-established the businesses reputation. They are the only woodworking company in their market with their equipment and quality of employees but the company would benefit from a hands on owner and to hire an outside sales person. Plus, they spend a lot of money in 2014 to build out a show room that can’t be added back because they bought the business in 2014 and it is a partial year. This is a 40,000 gift to the new buyer.
The Sales Price is firm at $385K with at least $250K down payment. . Read More...
The Sales Price was just lowered to 1.35M from 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 1.35M 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.
Location: Central Mountains of CO servicing West of both Denver and West of Colorado Springs. . Read More...
One of the Largest and oldest building material sales, wholesale, and fabrication Co's in Colorado that is well know, growing, expanding locations, and very well run already. Sales Price is over 12M. The owner will only meet with very qualified and serious buyers. Several Million dollars in equipment and inventory. . Read More...
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 designs and manufactures an environmentally friendly emission free system for natural gas well maintenance. He will consider staying on for a buyer that will fund his ability to increase the manufacturing of his equipment to grow their operations. He is tiring of traveling and being in the field. He is willing to work another 1 to 4 years to grow the business. They currently dominate their market and have developed valuable relationships with nationwide natural gas companies.
2015 had revenues of $3.1M with adjusted earnings of $799,007. They are a low cost provider and survived the previous downturn and are doing it again. This will leave them in a stronger position on the other side as the smaller companies do not.
The owner designs and manufactures the companies well maintenance equipment. Please watch the video interview and walkthrough in the link above to fully appreciate this. He has designed and built a pollution free, “closed loop system”, natural gas well cleaning system which is compliant with current and future federal regulations. His system is unique and he believes it is the best design in the industry. He has continued to improve the design. His newest design is pollution free of emissions and also leaves the residual fluids “dead” which means that they will not have any pollutants left either. He believes that this would be the first totally pollution free system to maintain natural gas wells. The changes in the industry are inevitable. More and more companies including all of the biggest ones will eventually be using a pollution free system just because it exists and the political environment, major oil companies, and public opinion will compel it. Plus, it is a not much more expensive than the currently popular nitrogen based systems that are not pollution free. He is looking for a buyer that will buy 100% of the company and allow him to continue working designing, building, and training people on his equipment.
Gas wells need to be maintained regardless of the price of natural gas. This business made money during the last downturn in natural gas prices and is starting to pick up again after hanging in there during this one also. They have 3 units working for Terra Energy which bought Encana South and Rocky Mountain WPX which used to be Williams. This is the most active and largest natural gas company in Western Colorado. He also believes he is the only active natural gas maintenance company still active in Western Colorado. The company has many long-standing customers with big names that they have master service contracts with resulting in a high percentage of recurring business.
The seller is confident that a new owner can grow this business because of their unique equipment, reputation among big natural gas companies that operate all over the country already, and the anticipated long term demand for their specialized equipment and services. This could be the best time to buy this business ever because the owner will sell it for below the current value of the assets.
Location: Western Colorado
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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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Day care and preschool that includes real estate, equipment, and FF & E. This 7,207SF building is situated on 1.20 acres built in 1978. It has been perfectly remodeled and updated. It includes a large and fully licensed kitchen for meal preparation and many separate places for the children to play. The property has four, state of the art playground structures for outdoor exercise and entertainment. . Read More...
2014 had revenues of $9.95MM with an adjusted EBITDA of $953K. 2013 had revenues of $7.1MM. The business did $6.5MM in revenue with $500K in adjusted earnings in 2015. 2016 is down again also. He is finally motivated to sell because of a health issue.
The current price is $3MM and you get $3MM in hard assets which includes $2.5MM in rental inventory and over $500K in other equipment for sale, Parts and Equipment, Small Tools, and Merchandise. You get over $3MM in current value assets debt free! The owner will consider further liquidating the assets down to as low as $2MM further lowering the sales price if a buyer submits an acceptable Letter of intent.
Many long-standing customers with big names along with hundreds of other long term customers has resulted in a high percentage of recurring business.
This is a “Fun” business to own and has loyal and long term employees that will all stay post-closing.
The owner spent 12 weeks in Alaska mining gold during peak season this year and 19 weeks the last three years. This negatively impacts the bottom line by at an estimated $250,000 to $400,000 dollars a year which means they should have made at least $900K last year. In fact, he takes 22 weeks off a year. Please click on the link above to be able to see the video interview with the owner for his explanation. He controls the checkbook and therefore the inventory his sales team has to work with is dramatically decreased while he is gone. This was a huge issue in 2012, 2013, 2014, and now 2015. A new owner will be able to grow this company by just being there or by hiring a full time manager(we have identified a great candidate for an absentee owner).
Location: Western Colorado
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This was prepared by Company Broker Group and Business Broker Colorado with information provided by the Sellers. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction.
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Seller’s Agent: a seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller’s agent must disclose to potential buyers all adverse material facts actually known by the seller’s agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
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