Sold Businesses2018-01-11T10:40:23+00:00

Sold Businesses

Light Manufacturing In Mountains – Design/Build #1471

SOLD!

Details

Light Manufacturing

Asking Price:
$1,249,000
Annual Sales:
$1,075,850
Cash Flow:
$281,000
Inventory: $12,000*
FF&E: $300,000*
Real Estate: N/A
Employees: 1 FT Owner
5-10 FT/PT
Location: Premier Mountain Resort
*Included ** Not Included

 

Business Description

This Design/Build Light Manufacturing Business is located in a Premier Mountain Resort Market. It has excellent Revenue and Earnings growth, consistent & high Gross Profit; stronger than its Specialty Trades/Service industry peers. Business sells a wide array of customized in-house produced visual communications to local, regional, national and international markets. They are adding products & services to expand their offering to existing and new client base. Great opportunity for Buyer with Management and Marketing acumen. Buyer need not know how to machine/fabricate in order to successfully operate this business. Very talented design, production & technical team on-staff. Owner will offer Familiarization and Operational Training up to 200 hrs. Business is located in high visibility Resort Market location, with a long-term lease. Recent tenant improvements plus infrastructure investments join leading-edge technology tools. Business’ products are primarily fitted to commercial environments, very unique and industry leading. Highest quality, style and function are hallmarks of this business. Very impressive asset-mix included in this business: vehicles, specialized equipment add to an extensive production asset mix. Business has low CapX needs.

Company has smooth monthly revenue performance, low inventory costs. Popular applications in regional/national/international commercial environments. Business offers a creative outlet for industrial/contemporary design in mostly commercial applications, and is highly rated and respected. Good marketing and sales tools in place. Very strong Brand in their industry – internationally recognized.

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.

Specialty Print & Digital Media Publisher #1907

SOLD!

Details

Digital Media Publisher

Asking Price:
$1,400,000
Annual Sales:
$1,950,000 (2016)
SDE:
$415,000 (2016)
Inventory: None
FF&E: $75,000*
Real Estate: Leased
Employees: 1 FT/1 PT Owners
10 FT & 2 Contractors
Location: Colorado
Reason For Sale: New Projects, Time For Change

 

Business Description

Scalable print and digital publishing company with current long term contracts that are valued at over $5M.  This company sees very little competition in its specialized niche market and there are significant barriers to entry.  Well established and sought-after products.  New products are in development.  A strong, experienced workforce is in place to carry on the business..

Represented by Kimberley Rivero. 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.

Commercial Electrical Contractor – Recurring Revenue Stream #1824

SOLD!

Details

Commercial Electrical Contractor

Asking Price:
$800,000
Annual Sales:
$3,126,000
SDE:
$302,000
Inventory: N/A
FF&E: $81,000*
Real Estate: N/A
Employees: 16 FT
Location: Colorado
Reason For Sale: Semi-Retirement
*Included ** Not Included

 

Business Description

Recurring revenue of approximately 30% of total sales mostly through property management companies. 10% of revenue is service work for prior clients directly. The balance of revenue is TI (Tenant Improvement) with well-established GC (General Contractor) relationships. The company does not bid on open GC work as this work is too competitive, but there is much more to bid on if there is a desire to grow the revenue. The staff is well seasoned and dependable. The Owner is willing to stay on for many years in a sales role but needs someone to take over ownership and general management. Business is offered as an Asset Purchase (not a stock purchase). Cash, AR, and AP is not included in Sale.

Represented by Bill Scott. 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.

Light Manufacturer Of Environmentally Responsible Products #1610

SOLD!

Details

Environmentally Responsible Product Manufacturer

Asking Price:
$1,550,000
Annual Sales:
$2,200,000
Cash Flow:
$450,000
Inventory: $100,000*
FF&E: $35,000*
Real Estate: $399,000**
Employees: 1 FT Owner
12 FT / 10 PT
Location: Colorado
*Included ** Not Included

 

Business Description

The founders of this leading edge company are looking for the right party to purchase their well-established business, continue to build on the solid base created over 28 years, and take it to the next level. The company has built its niche through cutting edge technology and enthusiastic customer support. This special offering presents an opportunity to acquire a unique turn-key business with proven ROI that is poised for rapid and quality expansion. The business has consistently generated profits and is the premier creator, designer, and manufacturer of net zero energy greenhouses.

The company was founded in 1989 and created a product specifically engineered for the Rocky Mountain climate, which provides an optimum indoor ecosystem for growing organic food. The business model combines manufacturing and retail sales that targets discerning home gardeners, educational institutions, community groups, and businesses. Their product has been installed in 14 countries and all 50 states. The greenhouse industry is expected to experience a compound annual growth rate (CAGR) of 10% for the next several years. This dramatic growth is driven by passionate consumer interest in growing and eating healthier foods, and controlling how that food is grown.

The company has been driven by its socially conscious mission since inception and has been recognized by awards such as “Fifty Colorado Companies to Watch” and many Environmental and Ethics awards. The product’s design revolutionizes the greenhouse industry by supporting the lifestyle that informed customers are choosing. These greenhouses produce a healthy alternative to chemically tainted and genetically altered foods, and at the same time provide a peaceful and private sanctuary to call one’s own.

For the past three years, the company’s average revenue is $2,203,319 with average cash flow of $453,982. The business is well positioned for continued growth with an excellent return on investment. Acquiring this business also offers a new owner the opportunity to enjoy a special and unique lifestyle in a scenic Colorado resort town with recreational activities that attracts visitors from around the world.

Represented by Phil Loughman. 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.

Plumbing Service – Priced Well At Under 2X SDE #1826

SOLD!

Details

Plumbing Company For Sale

Asking Price:
$275,000
Annual Sales:
$330,000
Cash Flow:
$170,000
Inventory: $5,000**
FF&E: $10,000*
Real Estate: N/A
Employees: 1 FT Owner
1 FT
Location: Broomfield County
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

People just need a plumber and are willing to pay for it! Nobody knows how or wants to do it themselves anymore. This business enjoys great name recognition and strong referrals from clients and local jurisdictions. The Website and customized selling software are levels ahead of the competition. SEO (search engine optimization) puts this company at top of searches. The new owner can just focus on scheduling the business that is already coming in the door without having to invest in any marketing.

Just show up on time and the job is yours – deliver good work and the referrals will continue to roll in. The business is housed in a comfortable office space with great signage with thousands of drive-by views daily. This is an ideal family business. A good manager can run this business from the office – a Plumber’s license is not required to own this business. The billing rate is very high, so paying a top wage to a plumber will still generate high profits. The Seller is willing to stay for up to 6 months to train the buyer and will commit to hiring another plumber if desired.

The website, software, phone numbers, email addresses, and a well-equipped truck are included. AR/AP/Cash are not included. Sellable inventory will be added to sale price.

Represented by Bill Scott. 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.

Very Profitable Boulder Fast Casual Dining With Liquor #1709

SOLD!

Details

Beer And Sandwich

Asking Price:
$999,995
Annual Sales:
$1,530,464
Cash Flow:
$327,364
Inventory: $12,500**
FF&E: $50,000*
Real Estate: Lease
Employees: 2 PT Owners
2 FT / 25 PT
Location: Boulder
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

One-of-a-kind opportunity to own an existing, highly successful, independent restaurant in Boulder, Colorado. This is a turnkey acquisition of an established business with all of the right attributes to continue rewarding the new owner.

Excellent balance of food and liquor sales. Perfectly situated location for maximum traffic. Nearly $1,000 revenue per square foot. Energized management and staff. Long term lease for cost and location stability; rent + triple nets currently under 4% of revenue. Strong catering and growing delivery revenues.

This business has it all. It is perfect as a stand-alone business or as part of a larger restaurant portfolio.

Represented by Don Hobbs. 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.

Mountain Resort Kitchen & Bath Design-Sales Business #1477

SOLD!

Details

Mountain Resort Kitchen Bath Design Sales

Asking Price:
$1,095,000
Annual Sales:
$1,440,801
Cash Flow:
$400,000
Inventory: $10,000*
FF&E: $75,000*
Real Estate: N/A
Employees: 1 FTE Owner
3 FTE
Location: Mountain Resort Community West of Denver
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

This Kitchen & Bath business focuses on design, sales, and installation of custom cabinetry for residential environments. Business in 2017 remains strong as the housing market continues to thrive. The business is being managed carefully to balance the owner’s quality of life along with new business opportunities. Cabinetry projects can include any of the following: kitchens, baths, bars, entertainment centers, built-ins, and custom furniture. Well established in the regional community and industry, this business has a deep list of individual homeowner and builder/contractor clients. The business is very service oriented, offering product lines that are customizable, of the highest quality, and very competitive within the industry. All of these factors allow them to out-compete regional competition, including big-box outlets. Business has a very impressive showroom/office, which is well located with a low-overhead lease. The well-trained employee team manages their own client relationships and projects, and will be able to provide support to the business ownership transition. Showroom displays are very professional, and regularly updated. Design tools are flexible and very capable.

Owner operates this business along with employees in sales, design, and installation. Industry specific software is employed to assist with the design process and provide professional and efficient designs to the client. Business has a highly diversified customer base of homeowners, contractors, developers, and interior designers. Well established in the local/regional market, and virtually all of the company’s projects are within 20 minutes of the office. Owner offers flexibility in the transition plan of the business, including initial training and on-going consulting, sales, and design efforts.

This is a solid business with growing performance and mature brand. Please act quickly!

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.

Recession-Proof Distribution Business #1612

SOLD!

Details

Water Delivery Service

Asking Price:
$349,900
Annual Sales:
$510,000
Cash Flow:
$177,000
Inventory: N/A
FF&E: $240,900
Real Estate: N/A
Employees: 1 FT Owner
3 FT
Location: North Denver Metro
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

This business has provided delivery of fresh, potable water to homeowners and commercial properties since 1993. At this time, there are approximately 800 active customers and in 2016, the company provided service to a total of 236 of them. Monthly billings during 2016 were approximately $42,500. The biggest fifteen customers had average billings of just under $14,000 last year, which was $36,908. This group has also accounted for over $650,000 in sales over the past three years.

Demand for services is growing steadily with 2016 sales $27,700 (5.7%) higher than the previous year. The trend is continuing in 2017 with sales at record levels for the past four months. YTD revenue is approximately $18,000 (8.6%) higher. More importantly, cash flow increased $34,658 which is an impressive 24.4%.

Water delivery can be an extremely cost effective solution for customers when compared to the cost of drilling a well or paying water tap fees for municipal service. Approximately 40% of customers prefer deliveries on a regular schedule, with the remainder served on a call-in basis. These scheduled deliveries allow for a more even business flow and yield higher gross profits from reduced travel time, since a truck load can service one to three deliveries at a time.

The company has four delivery trucks, three of which are health department certified. The fourth is used for providing non-potable water only. In total, the tangible assets included in the sale are valued by the seller at $240,900. The business has been operating from the same location for 18 years. It is centrally located for easy access to the company’s service area and is close to the most frequently used water fill station. There is an office trailer, space for five trucks, parking for the employees’ vehicles, and storage for the miscellaneous equipment.

There are several potential avenues for expanding business. These include: service during extended hours and/or on weekends; service to nearby mountain communities; service to the cannabis industry, which is enjoying tremendous growth; serving the oil fields in Weld County; adding related delivery services; and, additional marketing efforts within the service area.

Represented by Phil Loughman. 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.

Exceptional Restaurant Conversion Opportunity #2054

SOLD!

Details

Restaurant For Sale

Asking Price:
$450,000
Annual Sales:
$1,400,000
Cash Flow:
TBD
Inventory: Not Included
FF&E: $950,000*
Real Estate: N/A
Employees: 1 PT Owner
20 FT/PT
Location: Denver
Reason For Sale: Other Business Interests
*Included ** Not Included

 

Business Description

The owner of this fine dining establishment has decided to relocate to a smaller footprint. This will create a unique opportunity for a restaurant ownership group to bring its own concept to this 5,200 square foot, 86 seat location in one of the hottest areas in Denver. The owner has invested more than $1.4M into building and tenant improvements, including fixed assets of $950K. Current lease options run through 2022 at a lease rate more than 50% below market. The restaurant has a full liquor license.

In addition to the main dining facility, there is outside patio seating for up to 32 customers. The restaurant has an open kitchen design, with separate prep kitchen and dish pit, and occupies 850+ square feet. There is an extra-large shared storage facility in the basement that is included in the lease. The rooftop of the building has 1,000 square feet set aside for a vegetable and herb garden.

There is rooftop parking for approximately 10 cars, and on street parking is free for 2 hours on the side streets. There is also metered parking until 6pm and then it’s free, and there are paid lots in the neighborhood.

More than 2,000 new apartments and condo units have been built within a 3-mile radius of the restaurant in the last 36 months.

Food and liquor inventory, business name, and other intellectual property are excluded from the sale.

Represented by Matt Williams. 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.

High Performance Specialty Metal Craft In CO Mountains #1465

SOLD!

Details

Specialty Metal Craft

Asking Price:
$939,000
Annual Sales:
$1,065,008
Cash Flow:
$240,000
Inventory: Included
FF&E: $370,000*
Real Estate: N/A
Employees: 1 FT Owner
7 FT
Location: Colorado
*Included ** Not Included

 

Business Description

Specialty Trades Metal-Craft Business in Premier Mountain Resort Market. This business has excellent Revenue and Earnings growth, consistent and high Gross Profit; stronger than its Specialty Trades and Machine Shop industry peers. Business produces and sells customized and production products to local, regional & national markets. These products are scalable for continued growth. Great opportunity for Buyer with Management and Marketing acumen. Buyer need not know how to machine, fabricate or weld metals in order to successfully operate this business. Very talented sales & production management and technical team on-staff. Owner will offer Familiarization and Operational Training up to 200 hrs. Business is located in light industrial area of Resort Market in a special-purpose building with high ceilings and significant leasehold improvements to optimize efficiency and capacity. Business’ products are used in Residential and Commercial environments, very unique and industry leading. Great quality, style and function are hallmarks of this business. Very impressive Asset Mix included in this business: Vehicles, trailer, specialized equipment add to an extensive production asset mix. Business has low CapX needs, very smooth annual monthly sales.

Company has smooth monthly revenue performance, low inventory costs. Popular applications in residential & commercial environments. Business offers a creative outlet for industrial/contemporary design in commercial & residential applications, and is very highly rated and respected. Good marketing and sales tools in place – though room for improvements. Strong business Brand in its market.

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.