SOLD!
| Asking Price: |
$1,099,000 |
| Annual Sales: |
$1,270,000 |
| Cash Flow: |
$371,000 |
| Inventory: | $10,000 |
| FF&E: | $55,000 |
| Real Estate: | Not Included |
| Employees: | 1 FT Owner 6+ FTE |
| Location: | CO Mountain Resort |
| Reason For Sale: | Retirement |
SOLD!
| Asking Price: |
$599,000 |
| Annual Sales: |
$1,050,000 |
| Cash Flow: |
$200,000 |
| Inventory: | $10,000 |
| FF&E: | $25,000 |
| Real Estate: | Not Included |
| Employees: | Part-Time & Contractors |
| Location: | Winter Park / Fraser Valley |
| Reason For Sale: | Retirement |
SOLD!
| Asking Price: |
$4,695,000 |
| Annual Sales: |
$3,254,075 |
| Cash Flow: |
$1,039,230 |
| Inventory: | N/A |
| FF&E: | $25,000* |
| Real Estate: | Not Included |
| Employees: | 1 PT Owner 10+ FTE |
| Location: | CO Mountain Resort Community |
| Reason For Sale: | Retirement |
| Asking Price: |
$249,000 |
| Annual Sales: |
$647,000 |
| Cash Flow: |
$125,000 |
| Inventory: | $140,000* |
| FF&E: | $200,000* |
| Real Estate: | Not Included |
| Employees: | 1 PT Owner 4 FTE |
| Location: | West Denver |
| Reason For Sale: |
Many business owners and their accountants are absolutely fixated on minimizing taxes by showing no income. But this can be misguided planning for trying to get top dollar when selling the company.
Business owners need to realize that valuation is usually determined by a multiple of profits, or identifiable cash flow, and that banks make acquisition loans based on tax return results.
Reducing taxes can be a good short term strategy, but it might not pay off at the end!