Sold Businesses2020-12-19T09:10:11-07:00

Sold Businesses

Non-Surgical Regenerative Treatment Care #2904

SOLD!

Details

Non-Surgical Regenerative Treatment Care For Sale

Asking Price:
$250,000
Annual Sales:
$572,000
Cash Flow:
$263,000
Inventory: $13,000
FF&E: $140,000
Real Estate: N/A
Employees: 3 FT/1 PT
Location: Northern Colorado
Reason For Sale: Unique Circumstances

 

Business Description

Here’s a golden opportunity to acquire a turnkey Non-Surgical Regenerative Treatment Care practice in the heart of beautiful northern Colorado. This premier provider of natural, & minimally invasive sports orthopedic treatments specializes in regenerative Orthobiologics (stem cell therapy, P.R.P. treatments), hormone replacement & other high-ticket, high-demand services. They commonly treat back, knee, and hip pain and address many types of recovery issues.

Highly Rated on Google, they have been in business for over five years, with a growing customer base and a fantastic staff. Their boutique, low-stress office serves >4000 patients of record and would be an easy add-on to a Primary Care, Pain Management, PT, Orthopedic, Chiropractic or other complementary provider. With no call schedule or weekend requirements, this excellent lifestyle business comes with >$100K in F.F.E., medical equipment (including x-ray), supplies & inventory.

Financial buyers, investors, and other providers are welcome! Due to a unique statute in the state of Colorado, this business can be purchased by a non-medically licensed buyer or a licensed provider (P.A., N.P., D.O., Chiro, P.T etc.) outside of this specialty with the proper legal structure and team in place. There is massive demand for these services, and this is a quick and easy way to get into this market.

This business is pre-approved with local S.B.A. lenders for highly qualified buyers, and some seller financing will be considered. This business is valued at ~$450K but is priced well below market to transition and close quickly. The Seller is highly motivated to close and transition by the end of the year.     

Represented by Don Taylor. 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.

Established And Growing Naturopathic Medical Practice #3301

SOLD!

Details

Naturopathic Medical Practice For Sale

Asking Price:
$549,000
Annual Sales:
$1,128,329
Cash Flow:
$225,000
Inventory: $30,000
FF&E & Leasehold Imp: $20,000
Real Estate: Lease
Employees: 1 FT Owner
4 FT/4 PT
Location: Northern Colorado
Reason For Sale: Retirement

 

Business Description

Prime opportunity to buy established, highly reputable naturopathic practice in growth mode.

This 25 year-old naturopathic medical practice with 3,900 patients has been enjoying double-digit growth over the last three years. The owner is ready to retire and create a smooth transition for the right buyer.

The practice provides a variety of treatment options, including IV nutrient therapy, low dose immunotherapy, naturopathic cancer treatment, and integrative medicine. The practice has a lucrative onsite and online pharmacy which includes top quality physician-grade nutraceuticals, herbs, and homeopathic remedies.

They specialize in:

  • Detoxification
  • Lyme Disease
  • Mold Toxicity
  • Fatigue
  • Hormone Imbalances
  • Insomnia
  • Anxiety and Depression
  • Gut Health
  • Cognitive Decline
  • Heavy Metals
  • Cancer Care

Treatments include Bio-Identical Hormones, Botanical Medicine, Clinical Nutrition, Far Infrared Saunas, Homeopathic Medicine, and Low Dose Immunotherapy

About the staff/practitioners – Owner is a naturopathic doctor. Two other naturopaths and one nurse practitioner treat patients with support from a nurse and an IV practitioner. Office staff of 2.5 FTE keep the practice humming with almost zero accounts receivable.

Practitioners’ areas of expertise include autoimmune disorders, infertility, chronic fatigue, hormone imbalances, gastrointestinal, mental and women’s health, digestive issues, metabolic disorder, Craniosacral Therapy, botanical medicine, and healthy aging.

Ideal opportunity for a Naturopathic Doctor or Integrative Physician to run this turn-key practice with continued growth and focus on the practice of medicine rather than all of the start-up activities of a new practice. This opportunity may also appeal to an established naturopathic office as an opportunity to add an additional location while growing their client base.

Support & Training: The owner is willing to stay on for smooth patient transition and as a care provider.

Represented by Patti Micklin. 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.

Hot Tub Sales And Services With Recurring Income! #1408

SOLD!

Details

Hot Tub Sales And Services Business With Recurring Income For Sale

Asking Price:
$1,795,000
Annual Sales:
$2,188,370
Cash Flow:
$700,000
Inventory: $455,000
FF&E: $150,000
Real Estate: Lease
Employees: 7+ FTE/PTE
Location: I-70 Mountain Corridor
Reason For Sale: Retirement

 

Business Description

Growing Hot Tub Sales & Services Company serving the mountain resort markets west of Denver. This business provides services to commercial and residential hot tubs and spas. Company is a market leader with long established relationships.

Recurring income generated through consistent repair and maintenance services, along with retail sales of hot tubs and service components. Company has a deep technical team that is well trained, Certified Pool & Spa Operator (CPO) qualified, and well paid (career positions). The Company’s vehicle, trailer, and equipment assets are in good shape, and right-sized for continued growth.

Company has a broad and diverse revenue stream with smooth year-round income. Seller is looking for an active owner-operator to step into the business with management, marketing, and finance skills, and who will continue the tradition of being active in an amazing lifestyle community.

Commercial & Residential Services with Recurring Income Stream! Seller may offer financing support along with SBA assistance. Long Term Lease of the Office & Showroom is available. Seller is flexible with the Training & Transition period and Non-Compete. Mature organization ready for its next chapter of leadership!

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.

Mountain Route-Based Bar And Restaurant Service Business #1929

SOLD!

Details

Mountain Route-Based Bar And Restaurant Service Business For Sale

Asking Price:
$1,425,000
Annual Sales:
$1,599,561
Cash Flow:
$510,679
Inventory: N/A
FF&E: $260,452
Real Estate: Leased
Employees: 2 FT Owners
+ Staff
Location: Colorado Mountains
Reason For Sale: Other Business Interests

 

Business Description

This highly profitable business provides a critical, regularly scheduled, and essential service to bars and restaurants in the Colorado mountains. This company has substantial recurring revenue across a large customer base. There is very strong potential to grow this business. Multiple SBA lenders have pre-qualified this opportunity for financing. The business needs in-person, on-site management in the Central Colorado mountains.

Represented by Kimberley Rivero. 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.

50 Year-Old Niche Essential Services Biz With Repeat Clients – SBA Qualified #1894

SOLD!

Details

50 Year-Old Niche Essential Services Biz With Repeat Clients For Sale

Asking Price:
$3,600,000
Annual Sales:
$4,000,000
EBITDA:
$1,200,000
Inventory: $250,000
FF&E: $500,000
Real Estate: Lease
Employees: 16 FT
Location: Northern Colorado
Reason For Sale: Retirement

 

Business Description

BUSINESS TYPE:
The specific industry will be divulged upon confidence that Buyer will honor confidentiality and that Buyer is financially capable of such purchase. Because this business is the market leader in the area, it is extremely important to keep knowledge of their desire to sell under strictest confidence.

FEATURES:

  • 50-year-old company with steady growth
  • Provides Mandatory Testing, Service and Repair
  • Fully Staffed with long-term employees (some over 20 years)
  • Well-Equipped with specialized equipment
  • High Barrier to Entry (licensing required)
  • Repeat Clients – well distributed clientele
  • Recession-Proof

ESSENTIAL SERVICES:
Company provides truly “essential” services for residential and commercial clients. State law requires testing and maintenance of required utility service. Business is recession proof.

SALES/MARKETING:
Revenue has been steadily growing over 50 years and was not impacted by COVID. Revenue is all from testing, service and repair. This Company does not perform new construction. Services are not discretionary (unlike remodeling or construction services). Marketing for new clients is not necessary as the vast amount of revenue is derived from repeat clientele which includes commercial, municipal and residential. Revenues are very well distributed where the largest client represents only 5% of annual revenues. The company enjoys major market share – they are much larger than the next competitor. The company recently expanded to a new territory and there are many more opportunities to grow through further expansion of territory. Contracts with Customers should be transferable (buyer to confirm during due diligence). None of the products they service, or sell are exclusive – so vendor accounts can be established for new Owner.

STAFFING / LICENSING:
State issued licenses are required. Two owners and two key employees have the license and will ensure continued use. The Company is fully staffed with many key employees covering all operational roles. One Owner performs General Management, strategic role and will train for a few months but is ready to retire. Another Owner performs technical services and is willing to stay on part-time for an extended period. The company does need to hire at least two more technicians to support their growth.

EQUIPMENT:
The equipment and supplies included in the sale will suffice for volume at hand and some growth. About $100K/year is needed to replace old equipment and for moderate growth.

FACILITY:
Company leases 6,000 s.f. warehouse and office space. Owner will assist with securing a lease for the facility.

IDEAL BUYER:
The ideal buyer would have general management skills. Technical skill or experience is not necessary, but they should have great appreciation for employees that perform technical services. The greatest asset of this business is the employees and the culture to take care of customers and employees.

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.

Well Established Property Management Company #2802

SOLD!

Details

Well Established Property Management Company For Sale

Asking Price:
$300,000
Annual Sales:
$130,000
Cash Flow:
$105,000
Inventory: N/A
FF&E: N/A
Real Estate: Lease
Employees: 1 PT Owner
Location: Northern Colorado
Reason For Sale: Retirement

 

Business Description

  • Well established property management firm in Longmont since 1994.
  • Outstanding reputation with clients and rapport with tenants.
  • Seller has taken a selective approach to clientele and properties, leading to extremely low tenant turnover and vacancies while maintaining high client retention. Some clients have been with the company since its beginning, almost 30 years.
  • Client base is a mix of individuals and small investment groups.
  • The business handles leasing, management of funds, cleaning, and property maintenance requests of single and multi-family rental homes and apartment complexes.
  • Currently, the owner works part-time in the business and is the only operator. No maintenance or cleaning is performed by the owner.
  • A reliable base of contractors, handymen, cleaners, etc. has been developed to allow for streamlined response to property and tenant needs.
  • The company has experienced 100% organic growth by word-of-mouth advertising. Currently no marketing efforts are in place, which presents opportunity for growth by advertising investments.
  • Per the Seller, this business can be operated out of a home office.
  • As the Seller has been preparing to retire they have continually turned down additional clients, indicating what they believe to be plenty of opportunity for growth within the market.
  • This company would be a great addition to an existing property management firm, or a stable base to expand on for someone starting their own company.
  • Office space is currently leased (month-to-month) in building owned by seller. A month-to-month or long term lease is available to buyer if interested. No lease commitments are associated with business sale.
  • No FF&E is required for operation of business or included in sale.

Represented by Tre 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.

Turnkey Physical Therapy Practice #2903

SOLD!

Details

Turnkey Physical Therapy Practice For Sale

Asking Price:
$550,000
Annual Sales:
$662,000
Cash Flow:
$267,000
Inventory: N/A
FF&E: $120,000
Real Estate: N/A
Employees: 4 FT/2 PT
Location: Northern Colorado
Reason For Sale: Unique Circumstances

 

Business Description

This turnkey, well-known, specialized physical therapy practice is located in the heart of Northern Colorado. Founded in 2010, they have built a fantastic reputation with excellent Google reviews( 4.9/5) over the last thirteen years.

With over 400 active patients and growing referral sources, they have a nice blend of cash, federal, and commercial insurance payors. Their 2022 revenues were $662K, with Seller Discretionary Earnings of $267K (and growing).

They have a spacious, highly desirable location with reasonable rent and plenty of parking off the highest-traveled road in town. They currently sublet ~1300 sq. ft. of space to a regenerative medicine practice, which can continue or be used to expand the P.T. operation.

The business comes with ~$120K of F.F.E., with w/an option to buy additional on-site equipment, such as x-ray, ultrasound, clinic room equipment, etc. The current location has tremendous growth potential, with a satellite office opportunity in the next community. Their experienced and highly effective team is willing to stay and transition with the new owner.

Financial buyers, investors, and other providers are welcome! Due to a unique statute in the state of Colorado, this can be purchased by a non-medically licensed buyer or a licensed provider outside of this specialty with the proper legal structure and team in place. The company is pre-approved with local S.B.A. lenders and ready for immediate acquisition and transition.

Sound interesting? Contact me here to learn more.

Represented by Don Taylor. 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.

Winter/Summer Recreation Sports Retail And Rental #1409

SOLD!

Details

Winter Summer Recreation Sports Retail And Rental For Sale

Asking Price:
$600,000
Annual Sales:
$830,000
Cash Flow:
$100,000
Inventory: $450,000
FF&E: $100,000
Real Estate: Lease
Employees: 1 FT Owner
6 FT
Location: Colorado Mountain Resort
Reason For Sale: Other Business Interests

 

Business Description

This is a well established winter and summer outdoor recreation retail and rental business that is located in a prestigious mountain resort area. Year-round service for all outdoor sporting activities, including skiing, snowboarding, and mountain biking. Extensive inventory of retail and rental hard goods for every need. The soft goods are selected for the play environment that surrounds the area. The expert staff can help with outfitting every adventure with the appropriate gear. The experienced service department can handle all maintenance and repairs for new and rental equipment. This lifestyle business offers great rewards and opportunities for a new owner who values and enjoys recreation activities in all seasons.

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.

Premium Property Management Company #2905

SOLD!

Details

Premium Property Management Company

Asking Price:
$700,000
Annual Sales:
$973,000
Cash Flow:
$261,000
Inventory: $2,000
FF&E: $65,000
Real Estate: N/A
Employees: 4 FT/10 PT
Location: Northern Colorado
Reason For Sale: Lifestyle Change

 

Business Description

It’s time to have some fun at work and do something different for a change! How about owning a business that only exists to create happy customers and positive experiences? If you want to buy a company, not a job, in the growing hospitality space, check out this premier property management company in the heart of northern Colorado.

This business has been built from the ground up by a hardworking family and supported by a loyal and dedicated team. This is a true turn-key operation with W-2 staff, and it’s ready for immediate acquisition and a smooth transition.

As a top-tier provider, they have built their reputation on quality inventory and fantastic customer service. Their full-service concierge approach covers everything from booking, housekeeping, and maintenance to billing and collections, which enables them to maintain the highest quality experience while commanding a premium for their services.

As a vacation / short-term property management provider, you won’t need a special license to own and operate this business. The two owners work ~30 hours/week in the business and have developed a key employee ready to take over the General Manager role. This would be an excellent fit for a buyer with a passion for hospitality and customer service or could be an excellent add-on to an existing property management portfolio.

This business is pre-approved with local S.B.A. lenders. While not preferred, some Seller financing may be considered depending on the strength of the buyer and the offer.

Represented by Don Taylor. 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 Outdoor Contractor (priced for quick sale) – SALE PENDING #1880

SOLD!

Details

 

Asking Price:
$360,000
Annual Sales:
$990,000
SDE:
$242,000
Inventory: NA
FF&E: $20,000
Real Estate: Lease
Employees: 1FT &  4PT 
Location: Colorado Front Range
Reason For Sale: Retirement

 

Business Description

Business is priced for very quick sale.  Owner typically takes off Jan/Feb every year and would like to transfer business before this time so he can retire.  He will provide ongoing support on part-time basis if desired. 

22 year old business provides a simple product directly to homeowners throughout Colorado’s Front Range. Because of limited competition, the exact description of the business will be disclosed after a Non-Disclosure Agreement (NDA) is executed (contact Broker for this). Demand for the product is increasing as homeowners are looking for improvements both in aesthetics and safety. Company markets through local home improvement magazines and a custom website with great organic search results. The sales process takes less than an hour and the customers generally accept the order immediately. The average order is about $4,000. Installation typically takes the team one day. The installation does not rely on other contractors to complete their work prior, so this firm has control over the schedule. The company has customized sales literature and nice samples. Product is fabricated custom for every job so it can’t be found at local building material warehouses. The customer pays a deposit to place the order which covers the material cost. The installation occurs when material arrives from manufacturer, final payment is made upon completion. The Installers are well trained and are dependable. The Owner works full time in biz and performs sales and project management and is willing to stay a short while in sales role and will train the new owner in all facets of the business. The sales process is simple, well-tuned and can be easily trained to the Buyer or to a new Salesperson.  Company is fully staffed for the current volume and has one seasoned supervisor that should stay with the company long-term. 

This is an excellent family business that can be run from a home office anywhere in the Greater Denver area. Currently, a 3,000 square foot warehouse is used to store materials and tools. Customers do not visit the warehouse. The ideal buyer would be someone that is good with homeowners and enjoys sales and project management. This is a great business for someone that enjoys being out in the field.

There is growth potential beyond the current market area, but additional installers will be needed. The owner has kept the business small because he just didn’t want to manage more than a small team of people.  This would also make a great “bolt-on” business for an existing company that serves similar customers.

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.
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