Sold Businesses 2018-01-11T10:40:23+00:00

Sold Businesses

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.

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.
By | October 31st, 2017|Categories: Sold Businesses|Tags: , , , , , , , , , , |0 Comments

Very Profitable Boulder County Restaurant #1708

SOLD!

Details

Boulder County Restaurant For Sale

Asking Price:
$925,000
Annual Sales:
$2,186,919
Cash Flow:
$341,815
Inventory: $30,000*
FF&E: $72,229*
Real Estate: $1,464,000**
Employees: 2 PT Owner
40 FT/PT
Location: Boulder County
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

One of a kind opportunity to own and operate a highly successful casual concept restaurant business, with an option to purchase the real estate! Premium location with huge, loyal community following and multiple “Best Of” awards. This is a turnkey acquisition of a successful concept with all of the right attributes of menu, décor, kitchen, and staff. Everything is in place for continued success for the new owner.

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.
By | October 30th, 2017|Categories: Sold Businesses|Tags: , , , , , |0 Comments

CO Mountain Ski Resort Liquor Store – $4.7MM Sales #1472

SOLD!

Details

Liquor Store

Asking Price:
$1,849,000
Annual Sales:
$4,642,700
Cash Flow:
$450,000
Inventory: $550,000**
FF&E: $100,000*
Real Estate: N/A
Employees: 10 FT
Location: Colorado Mountains
*Included  
**Not Included  

 

Business Description

This business rewards your love for specialty beer, wine & spirits in the unique setting of a world-class ski market + Summer recreation! Few careers offer this fulfillment and opportunity; resort/recreation market, high tourism & 2nd home-owners, locals alike! Business has a very unique position and high market-share within this resort community. An excellent product mix, with business metrics at the top of the industry, excellent financial records & operational systems. The Lease was recently renewed and includes additional extension Options to 2024/2029, PLUS Option to acquire RE! Business has an excellent location with high visibility, plentiful parking, very well maintained/improved! This is a great business with a vibrant social environment, active in the local community. Strong employee team allows owner freedom, while enjoying active role! Business is experiencing growth in both Winter and Summer seasons. Regional, national and international guest visitation is growing!

This commercial center has excellent anchor-neighbors. Business is well positioned to expand, further refine their specialty product mix, add new categories. Employees & computerized operations assist in day/day controls. Market and business are performing well in 2016 & recent years. This market is supported by strong AND GROWING visitation to this resort. Local area generates more ski-users than the State of Utah or Vermont! Qualified Buyer brings 90-100%; SBA and Seller may assist with financing.

Excellent opportunity with a growing business in a World Class 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.

CO Mtn. Resort Property Rental & Management #1475

SOLD!

Details

Vacation Rental Manager

Asking Price:
$4,695,000
Annual Sales:
$3,254,075
Cash Flow:
$1,039,230
Inventory: N/A
FF&E: $25,000*
Real Estate: Not Included
Employees: 1 PT Owner
10+ FTE
Location: CO Mountain Resort Community
Reason For Sale: Retirement
*Included ** Not Included

 

Business Description

This is a great acquisition for a successful professional looking to apply their management, sales, and marketing skills. The key-employee team manages the day-to-day needs, freeing you to focus on enterprise growth strategies. This business has no special/technical licenses, and offers a vibrant social and professional environment. The business has an excellent mix of short-term property rentals that are a vital component of this internationally recognized summer & winter destination resort. They are experiencing consistent growth, and they enjoy a near 99% contract renewal rate with their longstanding homeowner clients. The business has an excellent location with high visibility and plentiful parking! The central office building includes a long-term lease, or it may be purchased separately. The strong employee team allows the owner freedom to pursue other activities, while still maintaining an active role! The business is experiencing growth in both the Winter and Summer seasons. Regional, national, and international guest visitation numbers are growing, as are the average daily rental rates (ADR’s)!

The surrounding communities and resorts continue to invest in infrastructure improvements, capacity, and amenities! The business is well positioned to expand its property mix, as well as add client services. Employees & computerized operations assist in day-to-day controls. The local economy and businesses are performing well in 2016 and 2017. This market is supported by strong AND GROWING visitation. The local, surrounding resorts generate more skier visits combined than either Utah or Vermont! A Qualified Buyer brings 25% down; SBA and Seller will assist with financing.

Excellent opportunity with a growing business in a World Class Summer & Winter 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.

Full-Service Water Testing Laboratory #1607

SOLD!

Details

Water Testing

Asking Price:
$699,000
Annual Sales:
$658,000
Cash Flow:
$194,465
Inventory: $20,000*
FF&E: $114,350*
Real Estate: N/A
Employees: 1 PT Owner
6 FT / 1 PT
Location: Front Range
*Included **Not Included

 

Business Description

The company provides a full spectrum of water testing services with a diverse customer base of municipal water and waste water treatment facilities and other governmental and private sector clients. Many of the testing services are mandated, so a high percentage of their income is recurring.

They have developed a reputation for providing innovative and effective solutions to environmental issues and problems. Over the years, their expertise has developed in regulations, permitting, and testing methodology, which ensures accurate and customized solutions for each client and its particular circumstances.

A background in biology or analytical chemistry would be beneficial, however the real opportunity exists for a marketing oriented individual or another testing lab looking for add-on services or geographic expansion.

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.
By | June 30th, 2017|Categories: Sold Businesses|Tags: , , , , , , |0 Comments