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

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Sold Businesses

Highly Profitable, Metal Services Provider To Manufacturers #2211

SOLD!

COVID-19 Status – The Company is currently open and operating at full capacity.

Details

metal services for manufacturers

Asking Price:
$999,000
Annual Sales:
$580,611
Cash Flow:
$379,245
Inventory: N/A
FF&E: $70,000
Real Estate: $500,000*
(*Not Included)
Employees: 1 FT Owner
2 FT
Location: Front Range of Colorado
Reason For Sale: Retirement

 

Business Description

Company is a leading provider of metal services to the Colorado manufacturing industry. Their broad range of capabilities allows the company to maintain a fast turnaround on orders, as well as to pick and choose which projects to take on.

The company is growing, fueled by a reputation for quality and timely delivery. This reputation keeps production busy with no marketing investment. There is capacity to grow the business without large capital investment simply by adding additional product shifts. The company has focused on high margin accounts and this is reflected in the 45% net income which is more than twice the national average of 19%.

The company operates from a 5,600 sq. ft. facility, which is also for sale separately. The space is divided 70/30 into production and office space. There is ample parking for employees and clients.

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.

Commercial Electric Contractor: Solid Staff & Repeat Clients #1860

SOLD!

Details

commercial electrical contractor

Asking Price:
$600,000
Annual Sales:
$3,200,000
SDE:
$253,000
Inventory: Included
FF&E: $136,000
Real Estate: Lease
Employees: 1 FT Owner
21 FT
Location: Denver
Reason For Sale: Retirement

 

Business Description

Major Highlights:
– Steady Revenues Year over Year (no major swings)
– 100% Commercial Work from repeat clientele
– COVID-19 has not impacted the work – most jobs do not involve tight working quarters or exposure to the public
– Projects are expected to continue for a long time
– All work is around the Denver area requiring very limited travel and no overnight
– Open Shop (not a union shop) fully staffed with team members that fit the company culture
– The General Manager uses his Masters License for DORA Contractor’s License, can perform most work done now by Owner and will stay with new owner
– Buyer does NOT need technical skills or certification
– Addbacks are very low for this business (mostly owner wages)
– SDE was over $300K in 2018. SDE reflects last year and fair expectation of future.

Company now rents a commercial facility with office space for a few people and room for light storage of equipment and supplies. Employees and Customers do not need to visit the shop, so it can be moved anywhere in the Denver metropolitan area without impact on the business. The Landlord is very flexible and will provide a short-term or long-term lease if desired. This business is also ideal for a home office, which would increase the net profits.

Construction is booming on the Front Range, but finding quality employees has been difficult. This Company has elected to minimize growth in favor of finding good team members and delivering quality projects on-time. This assures that that clients will continue to show loyalty. Company does have access to quality contract labor, if required.

A concerted effort towards finding more employees that fit the culture and quality expectations will be rewarded with growth in revenues and profits. There is plenty of work out there, but it’s not worth taking at the risk of low profits or poor quality.

Owner will train in business operations over first 2 months and will stay up to 2 years with fair compensation. The General Manager knows business is for sale and will stay with business long-term. The General Manager does have Masters License, so the Buyer does not need this credential. The Ideal Buyer should have good financial and management skills – technical skills in the trade are not needed.

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.

Colorado Mountain Ski Resort Liquor Store #1489

SOLD!

Details

colorado mountain resort liquor store for sale

Asking Price:
$1,899,000
Annual Sales:
$3,958,500
Cash Flow:
$453,160
Inventory: $400,000*
FF&E: $100,000
Real Estate: Lease
Employees: 1 PT Owner
8 Employees
Location: Breckenridge
Reason For Sale: Retirement
  * Not Included

 

Business Description

This business rewards your love for specialty beer, wine, and spirits in the unique setting of a World-Class Winter ski market and Summer cycling, golf & hiking scene! Few careers offer this fulfillment and opportunity – supporting a clientele in a prominent resort-recreation market with high tourism, active locals, and luxury second-home owners! Business has a very unique position and high market-share within this resort environment. Benefit from an expertly curated product mix with business metrics at the top of the industry, and excellent financial & operational systems.

The Lease was recently renewed to 2028 PLUS Options to renew for another 5 years and more! Business has an excellent location with high visibility, plentiful parking, and very well maintained/improved infrastructure! This is a great business with vibrant community engagement and dynamic marketing tools. Strong employee team allows owner to have freedom, while enjoying an active role! Regional resort market continues to experience growth in Winter and Summer seasons.

The commercial center has excellent anchor neighbors. Business is well positioned for growth through marketing, events, and further refining their specialty product mix. Employees and computerized operations support day-to-day controls. Local economy and businesses are performing well in 2019-2020 with Strong and Consistent performance. This market is supported by robust international and domestic traffic. Local area generates more skier-days than the State of Utah or Vermont! Qualified Buyer brings 90-100% – SBA and Seller may assist with financing.

Excellent opportunity with a well-positioned 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.

Specialty Retail – Family Friendly in CO Mountain Resort – Amazon Proof! #1485

SOLD!

Details

Specialty Mountain Retail For Sale

Asking Price:
$395,000
Annual Sales:
$1,050,000
SDE:
$190,000
Inventory: $100,000
FF&E: $50,000
Real Estate: N/A
Employees: 3-6 Employees
Location: Breckenridge
Reason For Sale: Retirement

 

Business Description

This Specialty Retail Business rewards your enthusiasm for the Rocky Mountain lifestyle with a business surrounded by top of industry products! Family friendly – They’ve earned an excellent position within a strong national and international destination market, are well-branded, and are recognized as a top industry performer.

Excellent product mix includes high-turn inventory with top of industry margins! Business has a strong history and metrics at the top of their peers! Includes computerized inventory/sales systems, professional/CPA prepared financials. The Lease is active to 2024 with Option to Extend. Employee team is well-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 promotions or expansion of retail space! Inventory levels are managed efficiently – generating top of industry Gross Profit, Inventory-Turns, and Earnings Productivity!

This retailer serves local residents and seasonal tourism. Business has an excellent lease and location with high visibility and plentiful parking. Professional operational and financial software tools in place. Market and business are performing well in 2019, continuing recent years’ performance. Display and technology assets are current and well maintained. Qualified Buyer brings 25-100% of acquisition; SBA and Seller may assist with financing. Owner will assist in training/familiarization, and transition of vendor and customer relationships.

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

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Wild Game Processing – Long Term Stable Staff #1861

SOLD!

COVID-19 Status – Pandemic-Proof & Recession-Proof Service.

Details

wild game processing business for sale

Asking Price:
$200,000
Annual Sales:
$258,000
SDE:
$158,000
Inventory: N/A
FF&E: $20,000
Real Estate: Lease
Employees: 1 Seasonal FT Owner
7 Seasonal FT
Location: Denver Metro
Reason For Sale: Retirement

 

Business Description

44 Year-Old Company.
Dependable revenues and profits year over year.
Average employee has been with company over 20 years.
Owner does work full-time during the season but does not cut meat – he manages all the office processes, checks in customers, and schedules the staff.
Company processes wild game for hunters (Deer, Elk, Antelope, Bison, Moose).
It also processes exotic wild game and farm animals.
Company provides cut steaks, smoked and cooked sausages, and jerkies.
Business runs September through February.
Who knows what the meat supply will be like for the next few years? Sporadic supply and distribution channels and shut-downs at large production facilities may continue to cause shortages. Hunting has been strong in Colorado for decades but most hunters do not want to process their own game.
This business has many years of repeat clients – their reputation is stellar.
The best part of this business is the staff. Many of the employees have been with the company for over 25 years and plan on returning every year. They enjoy working together and can help bring in new employees when needed.
This would be an ideal business for someone who wants to take summers off or has another venture that is busy in the summer and light in the winter (like some construction businesses). This is a great family business.

The company does not advertise or market to attract new clients. A modest investment in marketing could grow the business beyond the current capacity. The business can double in size without needing more equipment or space, but it would need more staff to handle the workload. The Seller has decided years ago that he enjoys the business at the current size.

Working capital needs are very low – customers pay cash at time of delivery and the cost of materials is basically zero.

The facility can be rented long-term.

A down payment of $40,000 (20%) can come from a retirement account. A 10-year, $160,000 SBA loan at 6% interest would have monthly payments under $1800/month (or $21,600/year). This leaves approximately $100,000/year for the owner’s wages.

The Seller does not wish to carry a note because of retirement plans, but will accept an escrow set aside through the first season to ensure that he will train and support the buyer. He will provide one full month of training at the beginning of the season as part of the purchase 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.

Site Construction, Demolition, Environmental – $2MM Booked – Staffed #1852

SOLD!

Details

Site Utility Construction Contractor

Asking Price:
$1,200,000
Annual Sales:
$2,330,000
SDE:
$358,000
Inventory: Included
FF&E: $790,000
Real Estate: Lease
Employees: 1 FT Owner
18 FT
Location: Colorado
Reason For Sale: Retirement

 

Business Description

Site Utility Contractor provides underground construction, demolition work, and environmental services for Fortune 500, Aerospace, and Government projects within the Denver area.

Services Provided:
– Buried Telecom and Electrical Conduits encased in concrete
– Water Mains, Storm and Sanitary Systems
– Concrete Structures for underground and above grade structures
– Pressurized Gas Systems – ground structures to hold pipes
– Excavation, Erosion Control, Final Site Grading
– Demolition of old buildings, concrete structures
– Removal of hazardous materials and underground gas tanks

Company has full compliment of well maintained heavy-duty and light-duty equipment. All equipment is owned and paid off.
– Excavators (52K & 69K lbs w/ Thumbs)
– Mini-Excavators (rubber tracks, 9K & 19K lbs)
– Loaders (3.5 & 4 yard)
– Skid Loaders (rubber tracks and wheeled) & accessories
– Compactors, Seeding, Mulching
– Trucks, Trailers, Storage Containers

An ideal Buyer would have excellent business management skills and a basic understanding of heavy construction. A background in concrete, excavation, or landscaping would be a plus, but not required.

This would also be an ideal bolt-on business for a commercial mechanical, plumbing, or electrical contractor who would like to self-perform these operations or would like to diversify their customer base. This business could provide a great way to gain access to these clients for other services.

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.

Full Service Auto Repair & Maintenance #2208

SOLD!

COVID-19 Status – Open During COVID-19 Pandemic

Details

Auto Repair & Maintenance Business For Sale

Asking Price:
$150,000
Annual Sales:
$955,260
Cash Flow:
$108,654
Inventory: N/A
FF&E: $66,150
Real Estate: Leased
Employees: 1 PT Owner
3 FT
Location: Boulder County
Reason For Sale: Retirement

 

Business Description

This is a one stop automobile repair shop in Boulder County that can handle everything needed for repair and maintenance.

In addition to tune-ups and brake repair, the Company performs major engine work, transmissions, front end alignment, suspension, tires and much more. All kinds of vehicles are serviced, including domestic and imported automobiles, light trucks, vans, SUVs, and luxury brands. In addition, classic cars of all types are serviced, including hot rods, street rods, muscle cars, classic cars and trucks, to keep them in tip top running condition.

The Company provides a team of qualified professionals working on the best solution for auto repair needs. Besides repairing and maintaining a wide range of automobiles and light trucks, the Company strives to provide customers with confidence and peace-of-mind.

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.

Commercial Wall And Ceiling Panel Manufacturer #1858

SOLD!

COVID-19 Status – The Company is manufacturing and shipping product.

Details

commercial wall and ceiling panel manufacturer for sale

Asking Price:
$600,000
Annual Sales:
$598,602
SDE:
$35,930
Inventory: $30,000
FF&E: $30,000
Real Estate: Lease
Employees: 2 FT Owners
5 FT
Location: Colorado
Reason For Sale: Retirement

 

Business Description

Manufactures commercial wall and ceiling panels for sound abatement, suspended ceilings, clean rooms, and design flair. Also able to reinvigorate existing panels with new coverings. Proprietary technology and available excess plant capacity.

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.

Denver Premier Landscape Design & Build Company #1480

SOLD!

Details

Landscaping Business For Sale

Asking Price:
$499,000
Annual Sales:
$1,873,000
Cash Flow:
$312,000
Inventory: $10,000
FF&E: $230,000
Real Estate: Optional
Employees: 1 FT Owner
FT and Seasonal
Location: Metro Denver
Reason For Sale: Retirement

 

Business Description

Impressive Specialty Service/Trades Business in Colorado Front Range – Engaging, Creative and Rewarding to Own! Strong Revenue & Earnings, visible in professionally managed Income and Tax documents. This business has a very well established history and presence in the growing Denver Metro market. In 2015 – 2017, they’ve achieved growth of +18%, +10%, +27%! 2019 is their most profitable in history due to improved management practices that are the new standard in the industry and sustainable.

The company has built a strong Brand through creative design, detailed execution of award-winning projects! A wide range of materials and techniques are used to create unique projects that thrill their clients. Employee team is well established and trained, including designers, installers, and managers. Extensive Capital Assets include specialty equipment, vehicles & trailers with a market-value in excess of $230,000! Great Opportunity for a Business Manager, Sales Professional, Operational Specialist.

Seller will offer financing support including SBA assistance. Office/Yard Lease is for multiple years with Options to extend. All equipment is fully owned and well maintained. Seller is flexible with a Training & Transition period, if you so desire, in a capacity to augment the professional staff. This business has a very professional website & social media presence. All assets included in the sale!

Excellent Design & Build Landscape 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.

Turnaround Opportunity – Home Fashions Manufacturing B2B Business #2302

SOLD!

Details

home fashions manufacturing b2b business for sale

Asking Price:
Make Offer
Annual Sales:
$2,000,000
Cash Flow:
Undisclosed
Inventory: $300,000
FF&E: $100,000
Real Estate: $2,200,000*
Employees: Absentee Owner
16 FT/ 5PT
Location: Denver Metro
Reason For Sale: Retirement
  *Not Included

 

Business Description

Looking for an opportunity with upside? The owner of this long established and highly regarded home fashions manufacturing business retired and left the state several years ago. Day-to-day operations and oversight of the company is in the hands of an experienced management team. One member of the management team switched from a vital position in sales, resulting in decreased revenues. That person is interested in returning to full-time efforts in that position.

The right buyer will see this as a “turnaround opportunity” with significant potential for growth by expanding the products offered, re-engaging with long time clients, and expanding sales/marketing efforts.

The business is housed in a well-suited facility with significant room for growth, which is also available for purchase.

Over $300K of current inventory and all equipment are included in the price. Make an offer!

Represented by Dawn Maree. 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.
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