Sold Businesses
Automotive Tire & Service – Excellent Growth + Profitability #1486
SOLD!
Details
| Asking Price: |
$1,495,000 |
| Annual Sales: |
$2,350,000 |
| SDE: |
$425,000 |
| Inventory: | $100,000 |
| FF&E: | $200,000 |
| Real Estate: | N/A |
| Employees: | 8 Employees |
| Location: | Eagle County |
| Reason For Sale: | Retirement |
Business Description
This Tire Retail & Auto Service Center is independently owned, not a franchise. Extensive history in this Northern CO Mountain Market, including long-standing employees and market presence. Business has an excellent location with high visibility, easy access, and ample parking. The facility is situated on a high traffic thoroughfare in a market that sees millions of annual visitors. It is a popular drive-in market for regional and national visitors, with high traffic in Summer and Winter seasons.
The business has an excellent vendor mix, including the best products in the industry. This high-volume business earns the industry’s best margins. Business has a strong employee team in mechanical and customer services. Seller to assist Buyer in learning business practices, vendor management, and industry tactics. Looking for a buyer experienced in employee, brand, and business management.
Local market is growing with additional growth expected through changes in state-wide winter-driving tire legislation. Excellent employees and documented business practices make this business sale-ready. Industry experience not required!
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Wild Game Processing – Long Term Stable Staff #1861
SOLD!
| COVID-19 Status – Pandemic-Proof & Recession-Proof Service. |
Details
| 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
| 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
| 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.
Precision Fabrication Shop – Repeat Clients, Diverse Industries, Highly Profitable #1856
SOLD!
Details
| Asking Price: |
$1,049,000 |
| Annual Sales: |
$1,540,000 |
| SDE: |
$545,000 |
| Inventory: | $80,000* |
| FF&E: | $300,000 |
| Real Estate: | N/A |
| Employees: | 1 FT Owner 7 FT |
| Location: | Colorado |
| Reason For Sale: | Other Business Interests |
| *Not Included |
Business Description
20 year-old company provides precision fabrication services on many materials for diverse industries.
Diverse Clientele – Many with regular monthly production orders.
- Manufacturing
- Aerospace Industry
- Industrial
- Oil-field & Mining
- Universities and R&D
- Art & Signage
The company has received many awards and is recognized as the industry leader in the state.
Systems and Processes are in place for an Owner with very little industry experience. The staff is well trained and dependable.
Revenue is distributed well among different industries. Over 70% of revenue is from repeat clients; some of whom have blanket purchase-orders to produce material on regular basis. The largest client only represents 6% of sales. The top 10 clients represent 29% of sales. The customer base includes established manufacturers and startup companies that rely on the quality of their service that is only possible with this company’s unique equipment, skilled technicians, and quick delivery.
Company can continue to grow and prosper as more traditional manufacturers and newer industries are exposed to their unique service.
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.
Commercial Wall And Ceiling Panel Manufacturer #1858
SOLD!
| COVID-19 Status – The Company is manufacturing and shipping product. |
Details
| 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
| 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
| 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.
Unique Carpet Cleaning Business – Great Cash Flow & Priced Less Than 1X – Listing #1614
SOLD!
Details
| 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
| 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.