SOLD!

Details

Essential Delivery Business In Colorado Mountain Resort For Sale

Asking Price:
 $1,195,000
Annual Sales:
 $533,300
Cash Flow:
 $284,700
Inventory: N/A
FF&E: $100,000
Real Estate: Home Operated
Employees: 1 FT Owner
7-8 FTE
Location: Colorado Mountain Resort
Reason For Sale: Retirement

 

Business Description

This Essential and Recession-Proof Business performed very well in 2020! Steady and consistent performance. Company has held multi-year delivery contracts since 2004 with an excellent performance record! Multiple contracts operate in this Mountain Resort Community west of Denver. Earnings are an astounding 48% – 50% of Revenue.

Sale includes a well-trained employee team and vehicles for each of the contract routes. Company has grown 29% since 2016, with room for continued growth! Company vehicle assets are well maintained. Employees are well-trained, experienced – many have been with the company for multiple years.

Company’s routes are in the local area, no overnight travel or boarding costs. Business is home based, and vehicles are stored on location with each route! Excellent Financial Records – Company Adjusted EBITDA (including Owner’s W-2) is 95% of SDE Earnings!

Owner operates this business in a General Manager role – hiring, training, managing vehicle maintenance, and supporting employees. Owner does not work the routes regularly. We are searching for an Active Owner-Operator to assume the current owner’s role. SBA Financing support available. Excellent SBA incentives in 2021 – no SBA loan fees and your first six (6) bank payments are 100% waived (up to $9,000/month)!

Suggested Training/Familiarization includes 30 days training, plus 25 hours for follow-up consulting within six months.

This Essential Business performed very well in 2020 and has room for additional growth!

Represented by Thom Beckett. Tell me more about this business.

Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.