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

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Sold Businesses

Unique Carpet Cleaning Business – Great Cash Flow & Priced Less Than 1X – Listing #1614

SOLD!

Details

Carpet Cleaning Business For Sale

Asking Price:
$149,000
Annual Sales:
$226,245
Cash Flow:
$175,000
Inventory: 1 Month’s Supply
FF&E: $9,900
Real Estate: N/A
Employees: 1 FT Owner
1/2 PT
Location: Boulder County
Reason For Sale: Other Business Interest

 

Business Description

Are You Looking For A Highly Profitable Turnkey Business?

  • Approximate 65% of yearly income is repeat and referral business.
  • Exceptional business and community reputation for over 40 years.
  • Business easily learned with 30-day training included in price.

The company was founded in 1977 as an owner-operated business, working Monday thru Friday, 7:30am to 5:30pm. In recent years, the owner has stepped away from the field work, which is now completed by a highly trained technician, allowing the owner to concentrate on other business activities.

The local newspaper, with Boulder County wide circulation, polls their readers annually. The company has continued its reputation as “Best of the Best Carpet Cleaner” in each of the 15 years the paper’s community voting has been conducted. A search of their Google reviews reveals 118 entries with an average score of 4.9 out of 5 stars.

Today, they have over 1,500 active residential customers in Boulder County’s affluent communities. The company’s unique low moisture, fast drying process creates a competitive advantage, which is preferred by customers once they have seen the results.

This is an excellent opportunity for people who want to work for themselves in a great home-based business with excellent cash flow. A big plus is the extremely attractive price, which is less than 1 times annual cash flow.

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.

Medical Systems Service Provider #2206

SOLD!

Details

Medical Systems Services

Asking Price:
$1,200,000
Annual Sales:
$729,000
Cash Flow:
$356,844
Inventory: Included
FF&E: $57,000
Real Estate: N/A
Employees: 1 FT Owner
2 FT, 2 PT
Location: Northern Front Range Colorado
Reason For Sale: Retirement

 

Business Description

This Company is a leading provider of depot level repair of subassemblies, circuit boards, and parts for medical systems. From its Colorado-based facility, the Company provides services to the healthcare industry, including: hospitals and imaging centers; independent service organizations (ISOs); parts resellers; and equipment manufacturers.

The Company repairs all major medical products from the industry leaders, including GE, Philips, Siemens, Hitachi, and Toshiba. Serving its market’s largest and most reputable customers, who value quality and timely execution, has allowed the Company to achieve margins rarely seen in the technology world: 37% Net Income and 49% SDE (Seller’s Discretionary Earnings) in 2018.

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.

Largest Landscape And Snow Removal In Famous Ski Town – 27 Years Old #1841

SOLD!

Details

Snow Removal

Asking Price:
$1,500,000
Annual Sales:
$2,142,920
SDE:
$691,000
Inventory: $80,000 to 240,000*
FF&E: $600,000
Real Estate: N/A
Employees: 1 FT & 1 PT Owner
25-60 Seasonal
Location: Colorado
Reason For Sale: Retirement
  *Not Included

 

Business Description

This is the largest Landscape & Snow Removal company in town. The company enjoys recurring income from landscape maintenance contracts and off-season income from snow removal. Landscape installations include hardscaping (stonework), new plantings, and irrigation systems. While the company does work extensively with many local Architects and Landscape Architects, they also provide in-house landscape design services.

2019 is on track to exceed 2017 and 2018 sales. Company has signed installation orders and many verbal commitments securing future work. Maintenance and Snow Removal are steadily growing over many years. Many clients have signed 2-year maintenance agreements ensuring year-round work. 2018/2019 snow removal revenue was record-breaking due to major snowstorms.

The company employs 40 workers during the summer and 25 workers during the winter months. The company has developed programs to hire and maintain staff while so many other firms struggle with manpower. New equipment is constantly being added to keep staff safe and productive. Equipment replacement value over $600K is included in the price.

The price is firm. The business is priced very well to sell soon and begin training new owners during the slow season.

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.

B2B Fire Protection Services – 15+ Consecutive Years Of Growth #2061

SOLD!

Details

Fire Protection

Asking Price:
Unpriced
Annual Sales:
$1,475,000
SDE:
$280,000
Inventory: $200,000
FF&E: $50,000
Real Estate: $175,000
Employees: 1 PT Owner
14 FT
Location: Colorado
Reason For Sale: Retirement

 

Business Description

Company is a B2B service-based provider of fire protection services for compliance with government and other jurisdictional fire safety codes. It specializes in the testing, inspection, service, maintenance, sales, and installation of critical, mandated fire safety systems and equipment. Substantial facility investments coupled with difficult to achieve licensing and certifications pose a very high barrier to entry for potential competition. Day-to-day operations are run by a seasoned management team with the Owner working part-time approximately 15 hours per week.

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.

Custom Service Business – Seasonal Operations – Priced Less Than 2X #1613

SOLD!

Details

Gardening Business For Sale

Asking Price:
$362,500
Annual Sales:
$452,000
Cash Flow:
$168,400
Inventory: Included
FF&E: $19,600
Real Estate: N/A
Employees: 1 FT Seasonal
6 FT Seasonal
Location: Metro Denver
Reason For Sale: Retirement

 

Business Description

THE COMPANY, established in 1999, creates and maintains innovative, sustainable landscapes that incorporate natural products, low water use, and drought tolerant plants that nurture the environment.

20 Years In Business     Seasonal Operations
Affluent Service Area     Minimal Competition

LOYAL CUSTOMERS, numbering in the hundreds, have been nurtured over the years. Currently, there are more than 175 active accounts, mostly homeowners, plus several commercial properties.

Loyal Customers     Comprehensive Services
Steady Growth     Negotiated Contracts

EXCEPTIONAL RESULTS, seldom found in any business make this a very attractive opportunity. During the past five years, sales have increased 36% and cash flow has grown 42% in just 3 years.

$452,000 Sales     Low Operating Costs
$168,400 Cash Flow     Strong Upside Potential

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.

This Boulder County Restaurant Has It All! #1715

SOLD!

Details

Ethnic Restaurant For Sale

Asking Price:
$1,400,000
Annual Sales:
$2,222,193
Cash Flow:
$583,116
Inventory: Included
FF&E: Included
Real Estate: Lease
Employees: 20
Location: Boulder County
Reason For Sale: Relocation

 

Business Description

Huge profits?
Check!

Loyal customer base?
Check!

Multiple awards and positive reviews?
Check!

Excellent location with low rent factor?
Check!

Eight years of continuous growth with opportunity for more?
Check!

SBA Lender prequal?
Check!

Qualified buyers will have the resources and experience to bring 20% down payment and provide hands-on management and operation of a high-volume, high-performance restaurant.

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 |September 19th, 2019|Categories: Sold Businesses|Tags: , , , , , , , |0 Comments

Radon / Air Quality – Solid Staff and Repeat Clientele #1848

SOLD!

Details

Radon Mitigation

Asking Price:
$225,000
Annual Sales:
$355,253
SDE:
$110,000
Inventory: $5,000*
FF&E: N/A
Real Estate: N/A
Employees: 1 PT Owner
2 FT
Location: Summit County, Colorado
Reason For Sale: Retirement
  *Not Included

 

Business Description

The air in Colorado is quite nice – but the air in our buildings is sketchy. Colorado is ranked among the worst states for indoor air quality due to radon gas. Radon is the #2 cause of lung cancer!

Practically all new homes and every home resold in Summit County is tested for Radon. The number of existing homes that haven’t been tested or mitigated is quite high, which has created an ever-increasing demand. The company charges to test for Radon and provides services to mitigate the problem. Repeat clientele (Realtors, Builders, and Mortgage Companies) appreciate the prompt response from this local company. All jobs are tested again after installation to ensure quality.

Business Features:

  • Valuable Service For Health And Wellness
  • Seasoned, Dependable Staff
  • Repeat Clientele – Strong Word-Of-Mouth Advertising
  • Low Overhead – Home Based – Minimal Inventory
  • Steady Demand – Sales Increasing Year-Over-Year

This is a great service business for someone who wants steady work to support their active lifestyle without being strapped to a desk all day. This business can be run from a home office. Long-term relationships are established because this company is local. The work is steady all year-round; it does not go up and down with tourism seasons. Projects are relatively small and payment is quick. This is a skilled and respected profession that rewards the owner that wants to stay informed as the industry matures. While licensing is not required, certifications and multiple trade skills are appreciated by customers.

Living in Summit County is great when you can enjoy the seasons on your own schedule – ski, bike, or boat when the conditions are great and when the crowds are low.

The Owner only works about 60% of the time. He takes many vacations and has built a staff that can handle much of the work. He has not focused on growing the business over the last few years, but sales continue to grow.

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.

Vacation Home Property Management – Winter Park Colorado #1849

SOLD!

Details

Vacation Home Property Management Business For Sale

Asking Price:
$175,000
Annual Sales:
$254,000
SDE:
$104,000
Inventory: N/A
FF&E: N/A
Real Estate: N/A
Employees: 1 FT Owner
Subcontractors
Location: Winter Park, CO
Reason For Sale: Health

 

Business Description

This very unique property management company provides services for homeowners that rent out their vacation homes. Long term clients are already established, but there is still much growth potential.

It is very hard to find a year-round business in a resort town that isn’t a restaurant or retail clothing store. Here’s an opportunity where you can enjoy living the resort lifestyle with a flexible schedule, scenic views, and the freedom of owning your own business in the booming vacation rental industry.

Vacation home owners needs a local person that they can trust to care for their investment. This business was specifically designed to serve owners seeking an alternative to costly, traditional property management firms. This is a franchise with proven systems and an exclusive territory with over 270 other offices nationwide. Almost all Colorado ski town territories are taken and are doing very well. You will be your own company, but will enjoy having over a dozen associates in other towns that pool resources and share branding.

There are other property management firms that only offer full-service programs – bookings to maintenance to ground services. This company is very unique in that a client can choose from an a la carte menu of services. If the home owner wants to do the bookings to save money and/or because they enjoy the guest interaction, this company can take care of the hard-to-find services like housekeeping and maintenance.

This is a home-based business. All of the employees are subcontractors. Much of the management work can be done from a cell phone. Because this business cares for vacation properties that are not occupied, the owner/manager can actually schedule and monitor work at the vacation home on a notebook computer or cell phone.

The Seller will provide adequate training for the transition, while the corporate office will continue to provide long-term support and many back-office functions to ease the burden of overhead.

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.

Café & Specialty Bakery in CO Mountain Resort #1484

SOLD!

Details

Bakery And Cafe For Sale

Asking Price:
$150,000
Annual Sales:
$650,000
Cash Flow:
$90,000
Inventory: $7,000
FF&E: $100,000
Real Estate: Lease
Employees: 4-6 FT & Seasonal
Location: CO Mountain Resort Market
Reason For Sale: Retirement

 

Business Description

Highly-Rated Specialty Bakery and Café with unique, premium quality products. Their menu offers an eclectic mix; all produced in-house, including baked and handcrafted items! Current owner is semi-active, utilizing a specialty/technical employee team to assist. Business Revenue and Gross Profit performance are impressive, with opportunity for continued growth! This Specialty Bakery & Coffee Bistro has developed a very unique Brand; all items are produced in-house. Business offers indoor & outdoor seating in their mountain-town setting. Gentle operating hours along with the longstanding employee team (barista and unique baking-products) means you’ll own this business, it won’t own you! Location is excellent; downtown near hotel base in the high volume pedestrian district. Business financials are well organized!

This business has balanced seasonal performance; strong winter & summer seasons with opportunities to travel or play locally! Top producing months include December – March, June – September! Business is well established in this market, regarded for their unique and high quality menu selection, friendly staff. SBA Financing; Buyer brings 25%, Seller may participate along with SBA Lender!

Unique Menu and Brand, Mature Employee Team, Excellent Earnings & Financial Performance.

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.

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.