SOLD!
| Asking Price: |
$1,100,000 |
| Annual Sales: |
$2,722,000 |
| Cash Flow: |
$498,000 |
| Inventory (Not Included): | $250,000 |
| FF&E: | $203,000 |
| Real Estate (Not Included): | $3,400,000 |
| Employees: | 2 FT Owners / 22 FT |
| Location: | Northern Front Range |
| Asking Price: |
$495,000 |
| Annual Sales: |
$2,300,000 |
| Cash Flow: |
$217,000 |
| Inventory: | TBD |
| FF&E: | TBD |
| Real Estate: | Lease |
| Employees: | 1 FT Owner / 5 FT 1 PT |
| Location: | Denver Metro / Front Range / Foothills |
Many business owners try to determine the price of their business based on how hard they have worked over the years. But the market will tell them that the business value is really what it is worth to a new owner in the future.
As a result, there are many factors to examine – equipment, employees, market position, technology – the list goes on and on.
Business owners should get a business valuation performed by a professional to get a real sense of market value.
Special relationships that business owners have developed with customers can be a real issue when selling the business.
A new owner may have a problem continuing that relationship and this could jeopardize the sale of the business.
It is recommended that business owners begin delegating any special relationships with customers to other company employees as soon as possible.
 Michael Marks, […]
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