Sold Businesses2019-02-15T15:55:04-07:00

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Sold Businesses

Hard Cider Mill (Brewery) With Distribution – Refreshing And Gluten Free #1843

SOLD!

Details

Cidery

Asking Price:
$825,000
Annual Sales:
$748,000
SDE:
$200,000
Inventory: $70,000*
FF&E: $350,000
Real Estate: N/A
Employees: 1 FT Owner
2 FT
Location: Colorado
Reason For Sale: Other Business Interests
  *Not Included

 

Business Description

Hard cider is very refreshing and gluten free. It is a light and healthy alternative to beer. The ABV (alcohol by volume) content is similar to beer at under 7%. Carbonation makes it much more refreshing than wine. While craft breweries and local wineries have saturated the market, hard cideries are just now establishing a foothold and haven’t been overbuilt. This scalable company has spent 5 years of R&D to establish high quality product with many unique flavors.

Over $300,000 has been invested in equipment to reduce the manpower needed for production. Everything is produced with just one Cider Maker and one Office Manager. The company is now well-branded and has established a solid network of direct sales to retailers and through wholesale distribution. Product is shipped in kegs and in artfully designed cans. Company has successfully exported to a few states and can expand further.

This is an ideal business for a family operation. Someone with good sales and marketing skills can continue the growth and tap into new markets. A quality and process driven person is needed to manage the production facility. This business does not need a large staff. This is also a great business to build and resell to a much larger firm once it achieves higher production levels. Production and distribution are the most scalable parts of this business, making it possible to grow much, much larger.

Another excellent opportunity lies in expanding the on-site event center and tasting facility. Although this currently represents a small volume of sales, and is the least scalable, it is very profitable and contributes to the overall ambiance of the business.

This cidery is situated on rural acreage in Northern Colorado near Denver. The property has an apple orchard and a small events center which is used for tasting parties, light outdoor gatherings, and wedding receptions. The building is set up for mixing, fermentation, and canning, and meets FDA regulations for production. The facility can support a doubling of production without any major investment. The Seller owns the real estate and is willing to lease it on favorable terms. However, the property is not for sale. The business can be relocated to a more populated area to grow the tasting and event center and can be combined with a food establishment similar to a brewpub.

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.

Niche Equipment Manufacturer For Concrete And Masonry Industries #2058

SOLD!

Details

Masonry Cleaning Equipment

Asking Price:
$650,000
Annual Sales:
$958,000
SDE:
$285,000
Inventory: $90,000
FF&E: $30,000
Real Estate: N/A
Employees: 2 PT Owner
3 FT
Location: Colorado
Reason For Sale: Retirement

 

Business Description

For more than two decades, Company has been manufacturing the highest quality equipment of its kind for the concrete and masonry industries. The company’s solution is unique and serves a key market niche, with limited competition and high ROI compared to alternative methods. The stickiness of the product has enabled the company to build a strong, loyal customer base with limited sales and marketing. Company does about 80% of its business domestically with 50% + gross margins on its manufactured equipment.

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.

Manufacturing Company With Industry Leading Proprietary Products #2202

SOLD!

Details

Proprietary Products

Asking Price:
$750,000
Annual Sales:
$680,000
Cash Flow:
$225,000
Inventory: Included
FF&E: Included
Real Estate: N/A
Employees: 1 FT Owner
2 FT
Location: Colorado
Reason For Sale: Other Business Interests

 

Business Description

This highly profitable light manufacturing company has several proprietary product lines. The products are sold to consumers and to professionals via eCommerce and a growing reseller channel. In addition to being a strong standalone business, the product line could be an excellent add-on to a light manufacturing business. The product lines have a high growth potential, and are recession proof as they offer a substantial cost savings in the repair of a critical function to safely operate motor vehicles. The business is well organized and is operated with low overhead. The customer base is large with a low customer concentration.

Represented by Dave Harris. 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.

Contemporary Patio Furniture Retailer! #1481

SOLD!

Details

Patio Furniture Retailer

Asking Price:
$449,000
Annual Sales:
$936,000
Cash Flow:
$185,000
Inventory: $75,000*
FF&E: $25,000*
Real Estate: Optional
Employees: 1 FT Owner
1-2 Employees
Location: Metro Denver
*Included ** Not Included

 

Business Description

Unique & Growing Outdoor Furniture Retail Business in CO Front Range is engaging, creative, and rewarding to own! Strong Revenue & Earnings growth, visible in professionally managed Income and Tax documents. This business has an extensive referral network in this growing metro market. The business works throughout the Denver Metro & Front Range communities. The company has built a strong Brand through creative design and detailed execution of award-winning projects! The business has a very professional website & social media presence. A wide selection of products are used to create unique projects that thrill their clients. Employees are well trained and experienced! Business is seasonal, with most of the Revenues generated February – November. Extensive showroom leasehold improvements included. Great opportunity for a sales, management, or design professional!

Seller will offer financing support, including SBA assistance. Showroom/Retail Lease is for multiple years with Options to Extend. Excellent Leasehold Improvements! Inventory amount of $75,000 included in the sale with any additional inventory added to the final sale price. Seller is flexible in the Training & Transition period. All assets included in the sale!

Growing Specialty Retail Business – Landmark Opportunity. 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.

CO Mtns Property Rental Business – Great Growth (Winter Park Area) #1482

SOLD!

Details

Mountain Rentals

Asking Price:
$599,000
Annual Sales:
$1,050,000
Cash Flow:
$200,000
Inventory: $10,000
FF&E: $25,000
Real Estate: Not Included
Employees: Part-Time & Contractors
Location: Winter Park / Fraser Valley
Reason For Sale: Retirement

 

Business Description

This Short Term Vacation Rental Business is a great acquisition for a successful professional looking to apply their management, sales & marketing skills. Business requires no special licenses or permits. Excellent financial performance offers a great income, ROI, and a strong platform to achieve growth through acquisition and organic demand. This specialty-service business offers a professional environment rooted in a relaxed mountain community. The business has an excellent mix of properties central to the adjacent internationally recognized summer & winter destinations, experiencing nice growth. Their multi-year homeowner contracts have a high renewal rate, with longstanding clients. Business has an excellent location, highly visibility! A long-term lease is available, located on Main Street in this resort market! They have an excellent reputation and are regularly offered new rental properties – plentiful opportunity for continued growth!

The local communities and resorts continue to invest in infrastructure improvements, capacity, and amenities, which support this company’s growth! Business is well positioned to expand its property mix and add client services. Trained employees, computerized booking, and established management systems assist in day-to-day controls. Local market and business are performing well for 2015 – 2018, building on their 25+ year company history. The Winter Park/Fraser Valley is experiencing growth through its popularity with CO residents and international guests.

Excellent opportunity with a growing business in a Destination Colorado Mountain Resort Community!

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.

Commercial And Residential Cleaning – Recurring Clients And Great Staff #1839

SOLD!

Details

Commercial And Residential Cleaning

Asking Price:
$295,000
Annual Sales:
$378,223
SDE:
$114,780
Inventory: N/A
FF&E: $1,500
Real Estate: N/A
Employees: 1 PT Owner
13 PT
Location: North Denver Metro
Reason For Sale: Other Business Interests
   

 

Business Description

Small town feel – big city demand. This company has a great balance of Residential and Commercial Cleaning (50/50). Company is fully staffed to handle another 25% growth but also has a good source for employees. Employees are extremely dependable and fully insured. A supervisor is in place to manage crew schedules and will help train the new owner. Residential Clients are all regular monthly or bi-weekly and pay as work is provided. Commercial clients, including offices and local government, are cleaned every week (mostly evenings). The business enjoys a steady flow of referral clients due to local community awareness and strong social media.

Business is located just north of the Denver Metro area – it’s in a high growth area that still has plenty of country to breath. Community still matters here.

Owner currently only works about 15 hours per week but business runs very well because of good staff and good processes.

Business is looking for someone that will respect the clients and employees and maintain the reputation that has been developed in this tight knit community.

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.

High Performance Business Services In Colorado Mountains #1466a

SOLD!

Details

Business Services

Asking Price:
$949,000
Annual Sales:
$1,343,800
Cash Flow:
$322,800
Inventory: $40,000
FF&E: $115,000
Real Estate: N/A
Employees: 10+ Experienced Team
Location: Premier Mountain Resort
Reason For Sale: Retirement

 

Business Description

This Business Services company utilizes leading technology plus a high service mix to lead their industry in a growing Colorado Mountain Resort! Exciting opportunity for a business professional who wants to be active in this community, manage a professional employee team, and work across a wide range of industries, including real estate, building trades, restaurants, and retail! Excellent Gross Profit and Earnings Performance! Your marketing, management, and sales experience will be well placed in this business!

Well established in its market, the business is highly rated and boasts an excellent location in a thriving resort region. The company has limited competition, with significant barriers to entry, including capitalization and leasehold availability. It is well differentiated, with a strong brand. Current owner has a healthy advertising mix, with the opportunity to continue business growth through marketing outreach. The company offers a wide range of products and services with room for additional growth!

Business has strong two-season performance, mirroring the local economy. Their broad service mix appeals to a range of local industries and businesses. Growth in recent years has ranged 4-10% per annum overall. Financials are very professional, as are the computerized operational systems, website, and brand. We are looking for an active owner who wants to live and work in this mountain recreation community!

Unique Business Services Company in Colorado Mountain Resort Community!

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.

Profitable High-End Custom Home Remodeling Contractor #2201

SOLD!

Details

Custom Home Remodeling

Asking Price:
$1,800,000
Annual Sales:
$6,500,000
Cash Flow:
$750,000
Inventory: Included
FF&E: Included
Real Estate: N/A
Employees: 2 PT Owners
20 FT
Location: Boulder-Denver Metro
Reason For Sale: Other Business Interests

 

Business Description

This growing and highly profitable company specializes in high-end residential remodels, both full house and interior remodels. They have their pick of profitable projects and have the luxury of turning away business. The clientele of the business is financially strong and is the last to be affected by economic downturns, making the company recession proof. The average project size is $400,000.

Through concerted efforts, the company has built a strong team of craftsmen who produce quality projects on time. Combined with the company’s established business systems, this has meant that there is little reliance on the current owners. The company’s strong social media presence has helped to drive business while requiring a tiny marketing budget. This award winning, multi-million dollar, residential construction firm is a once in a decade opportunity for anyone wanting a place at the table in the Boulder-Denver Metro area.

Represented by Dave Harris. 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.

Recreation Retailer In CO Mountain Resort Market! #1478

SOLD!

Details

Recreation Retailer In Colorado

Asking Price:
$2,695,000
Annual Sales:
$3,568,300
Cash Flow:
$658,000
Inventory: $500,000*
FF&E: $100,000*
Real Estate: N/A
Employees: 12 FT & Seasonal
Location: CO Mountain Resort Market
*Included **Not Included

 

Business Description

This specialty retailer rewards your enthusiasm for the mountain lifestyle with a business surrounded by top industry vendors and an employee team that is top of market! They’ve earned an excellent position within a very strong national and international destination region, and are well-branded and recognized as a top industry performer. Excellent product mix includes apparel, footwear, and outdoor active hard goods providing top of industry margins! Business has a strong history and metrics at the top of their peers!

The business includes computerized inventory/sales system and professionally prepared financials. The lease is active to 2028 and market competitive with options for extension or real estate purchase. The very strong employee team is professionally trained with extensive industry experience. This is a great business for a strategic buyer or owner/operator with opportunities to grow through introduction of new products and services or by adding more retail space! The inventory levels are very efficiently managed – generating top of industry Gross Profit, Inventory Turns, and Earnings Productivity! Detailed financial and operational information with photos are available.

This business has a strong history! It is an excellent platform for continued growth! This retailer serves locals, second home owners and summer/winter visitors. It is well marketed with an active advertising budget, informative website, and professional operational systems. Owner and staff manage the day to day controls. Market and business are performing well in 2018, along with consistent growth in recent years. Fixed assets, including displays and computers, are current and well managed. Qualified Buyer brings 90-100% of acquisition; SBA and Seller may assist with financing. Owner will assist in training/familiarization and transfer of vendor and customer relationships.

This business has a strong history! Excellent platform for continued 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.

Residential Plumbing Co – Recurring Clients – Priced At 1.4 x SDE #1845

SOLD!

Details

Residential Plumbing Company For Sale

Asking Price:
$390,000
Annual Sales:
$879,327
SDE:
$284,865
Inventory: $10,000
FF&E: $20,000
Real Estate: N/A
Employees: 1 FT Owner
2 FT
Location: Boulder County
Reason For Sale: Other Business Interests

 

Business Description

Boulder County Plumber:

  • 19-year-old Company with steady growth and high-profit margin history.
  • Provides installation and maintenance of Plumbing and Boiler Heating Systems.
  • Serves Boulder and Surrounding Cities.
  • Plenty of expansion is available if Buyer can hire staff.
  • The company does NO advertising and marketing – most all sales are with highly recurring clients.
  • The company turns down work because of limited staffing.

The Boulder area is one of the highest income per capita towns in Colorado with a very high demand for remodels because home prices have escalated. The demand for plumbing and most other trades is very high in this area. Building restrictions limit new home subdivisions within the city limits. The company installs for new custom homes and high-end remodels. Because these are not tract homes, the business has more insulation against recession. The company can easily shift more work towards full service which is recession-proof.

The company is already very profitable, but can surely grow by just increasing staff. The business can add a full-service tech full-time. If any marketing were done, the company would be swamped with too much work to even bid.

Owner will train on office processes for 1-2 months and will be available to consult as needed. One of the employees qualifies for a Master’s Plumber’s License (which is required to obtain a Contractor’s License – he is willing to work with new Owner.

The business now operates from Seller’s Home. Very little storage is needed. The home is also for sale and could be included in a package deal.

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.