A very special 44 Year Old Full Service Flower Store that is as Perfect as You Can Imagine... Read More
A very special 44 Year Old Full Service Flower Store that is as Perfect as You Can Imagine in the Middle of a Fast Growing Town North of Denver CO 2014's revenues were $548K which were up 6% compared to 2013. The 2014 adjusted Net Income was $73,138. Trailing 12 months through April was $570K in Revenue with $80K in earnings. The owners are husband and wife whom will be retiring. They have owned the store for 15 years. The revenues are from online sales from their website, walk in traffic, a large customer base, monthly/weekly accounts, wedding/event planners, referrals, recurring contracted work which comes from business, hospitals, funeral homes, event facilities, and an online “wire service” that sends them orders which they can chose to fill or not based on each orders potential profitability. The new owner will have several ways to continue to grow the business which the owners would be happy to discuss with you. They recommend hiring a salesperson to call on event centers, planners, businesses, etc. which they have never had. They have relied on their location and reputation. The employees are very loyal and passionate about what they do and to the business. It is a very positive work environment for either an individual or a family business. This business will not change the day after a new buyer becomes involved. The company has a prime location and with high internet sales, established accounts and a great reputation the new owner will walk into an established business that can continue to grow. In the owners words, “a new owner can continue to run the operation exactly like it is and pursue additional expansion opportunities.”The Sales Price includes $100,000 of current value equipment that includes 3 vans(1 new), POS system with built in time clock, payroll, delivery tracking, quick books, and email. Location: North of Denver Colorado_______________________________________________________________Sales Price: $250,000 down as part of a $315,000 sales price plus a negotiated value for the Merchandise and Inventory. This business will qualify for a bank and/or SBA loan based on the size of its assets and profitable history. For more specific information, simply email Jeff Chapman at jce@companybroker.com. Just click on and fill out the NDA link: http://companybroker.com/buyer-profile-jeff.htm to get the sales package which has the financials and a video interview of the owner._______________________________________________________________Brief OverviewThe owners are trustworthy people that enthusiastically want to find and support a new owner for continued success. They are a married couple who both work full time at the business. There are 5 sources of revenue: 1) Location driven walk in traffic: The sales package will be able to provide more detail on this and has a link to a video walk through of the store which is automatically sent to you if you click on the link above and properly fill out the Non-Disclosure Agreement. The store is in a perfect location in the middle of a high traffic area(both foot and car) with ample parking and surrounded by other retailers. It is a central area of a very fast growing old Colorado Town. The town has very aggressive plans for expansion far into the future. 2) Online: The on-line sales volume continues to increase based on their website and the use of the “wire service” that sends orders to them every day. The company has sold on-line for 8 Years and has a user friendly website that is not search engine optimized. The owner has stated how exciting and profitable the growth in this area has increasingly become and there is still strong potential for additional sustainable future growth. 3) Business/Residential contracted recurring deliveries: These are the companies and customers that they deliver fresh flowers to on a regular and continuous basis which range from high end homes/businesses that wants fresh flowers every week to hospitals that they deliver to daily. This is one of the areas with a lot of potential to grow significantly. Hiring a commission based sales associate(s) to include business as their prospects would be a great way to increase the recurring non-holiday, high margin sales. 4) Holidays: This will naturally grow as the business continues to grow. The company doesn’t currently have the drivers to handle all of the Valentines and Mother’s Day orders. The new owner can hire additional temporary drivers to be able to fulfill all orders all year long. 5) Event & Venue Coordinators & Planners: These are the people that coordinate large events and rely on hand picking the best people and companies to make them look good because they have delivered on their promises for their customers. This company has very dedicated employees that do a great job of filling special orders for the people that coordinate big events and venues. Again, hiring a commission based sales associate(s) would be a great way to increase the recurring non-holiday, high margin sales by introducing them to more of these people. Each of these sources of revenue are profitable and have had significant improvement in growth which can be increased. Marketing, Advertising, and Growth Potential: The company has done very little pro-active marketing. The company does have a customer email data base which is an inexpensive means of advertising that continues to grow. Owner does not do mass emailing and runs no specials or discounts to bring in new customers. Customers shopping in the retail stores are generally happy to provide their email addresses. They are in the yellow pages and have brochures and a nice website. They need to add a salesperson(s) who should be commission based. They believe the salesperson will be successful because they have won many awards and accolades which will help the sales effort to be more effective. Employees: The employees love what they do. The company employs 8 employees and adds some temporary employees for the holidays. They have many long-term employees and little turnover. The length of tenure and the low turnover rate means that employees know their jobs well. Ownership is comfortable leaving the business for vacations or to spend time with family based on the established systems, procedures, experienced personnel and the industry specific computerized point of sales system which is multi-functional. Competition: There has always been competition but the company has maintained the largest market share of their market for most of the 44 years and is still growing. Competitors offer lower end options and few of them offer the quality and excellent customer service. The company has been paired against competition for years yet has continually maintained or grown their market share. Retail Store and Storage Facility Leases: The current retail store has been on a month to month lease for a long time now. The new owner will have to negotiate their own lease upon taking over the business but the owners don’t believe that there will be any issues. It is only $2,500 per month partially inclusive(they don’t pay water or sewer). The owners will help with a positive, supported, and successful transition of the business. The owners are very interested in seeing the business prosper. The hard work is done and has proved the test of time. The seller will offer full warranties, indemnifications, and further states there have not been any legal or other issues of any kind nor are the owners aware of any items pending. This is a rewarding, positive, profitable business and industry and could be an ideal fit for the right individual or family to acquire. It is a fun business that fits an active positive “lifestyle”. ______________________________________________________________Thank you for your consideration.Sincerely,Jeff Chapman EisnaugleCompany Broker Group, LLC.303-905-7607 Direct303-284-7025 Main720-524-6482 Faxjce@companybroker.comThis is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. Read Less
Lowered price to $1.75M. Revenues were up 7% in 2014 and they increased the bottom line... Read More
Lowered price to $1.75M. Revenues were up 7% in 2014 and they increased the bottom line also. The owner had previously lowered the sales price from $2.4MM to $2.1MM and has agreed to lower it again to $1.75MM for the business or $5MM for both the business and the land. January 2015 was much better than January 2014 so the trailing 12 months is already above both the year end $4.83M in revenues and the $453K in adjusted EBITDA. The owner is absentee and he believes that a new owner would make a big difference. Here is the link for the Non-Disclosure Agreement, “NDA”: http://companybroker.com/buyer-profile-jeff.htm If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA which will allow me to automatically send you the Full Sales Package containing a detailed data room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the NDA. If you have any questions or comments on the NDA please email me at jce@companybroker.com or call me at 303-382-1926. Thank you. For Sale:Denver’s Largest Trailer Sales and Rental Store 2014's adjusted EBITDA was 453,286 on 4,827,716 in revenues which was 7% revenue growth over 2013. The owner is mostly absentee working less than five hours a week. He says there are many ways for a new owner to grow this business. The buyer gets $1.84M in current value assets. This is made up of $1.15M of new and used trailer inventory, $191K in parts and merchandise, along with another $495K in equipment including trucks, ATV's, tools, machinery, forklifts, office equipment, software, containers which serve as yard storage, and additional equipment/inventory that was recently purchased that they have not had time to add to their software system. Please click on the NDA link below to see the video walk through of the assets of this business. Please click on the NDA link above to get sent the sales package with the video walk through of the assets of this business. They are internet and reputation driven with a long-standing, diversified, and partially recurring customer base. They add hundreds of new customers every year! Seller's Quote: "I have always been a builder and started this business to keep busy when the housing market went out of favor and now that the housing market is active again, I am needed more than ever at my construction company. I have never been full time at the trailer business and have spent zero to ten hours a week there over the last two years as housing was recovering. I can't pay the attention to the trailer business that it deserves and have fallen behind on advertising, categorizing the parts and equipment, being present for loyal customers, managing the employees, and by taking advantage of growth opportunities. My real interest has always been racing cars and building things."This is a "Fun" business to own that is growing nicely and the owner has identified several ways to add significant growth including adding a location, better organizing the yard and equipment, and by being more hands on in general which would help the business in many ways.Denver, CO_________________________________________________________The seller is asking for 1.75M for the business or $5M for the business and the land combined. He would prefer a stock sale for tax reasons and will be keeping his cash, AR, and AP which are not large balances and transferring the business debt free except for the $600K in floor planed inventory that the new buyer will have to pay off or take over._________________________________________________________Brief Overview and Deal Points:The buyer will step into a solid pipeline of recurring revenue which is a direct result of our great locations and operating model. "2015 should be a great year with all of the hard work of positioning the company both on the internet and in their region is now done at great expense", the owner states. In short, the seller is optimistic on the short and long-term prospects of the business.They have a great reputation and the seller will agree to full Reps and Warranties to a solid legal and business standing. They have a great record for safety (OSHA) and no legal battles and have a low MOD rate to prove this. This business has grown from virtually nothing to 4.8MM in revenue over the last five years. The owner is happy to sign a non-compete. He is willing to transition the business and wants the buyer to know that there are many qualified people that can help the new owner long after the transition also whom are loyal to the business. In fact, the business will not change on bit the day after the closing. He will be available for longer in an advisory position if the new owner wants him to. They are the largest trailer dealer with the largest service and parts department on the front range of Colorado. They also rental trailers which allows them to purchase inventory and equipment at the best prices. This helps them to buy the equipment at the lowest prices available anywhere. He has been through four managers in the last two years and finally found one who knows the business, can manage the employees, and is honest. He promoted him in June 2014 and is confident in his ability to manage the business. The new manager has already made changes including letting a couple of employees go and bringing in an another experienced mechanic. The owner is so excited about this that he almost took this off the market.They have great mechanics whom are capable of all of the maintenance and customization needs of their trailers. Custom work helps them to generate additional high margin revenue but the main benefit is the loyalty and gratitude of the customers who keep coming back and sending other new customers. He has just finished reworking the sales department also per the new managers suggestions. The business will transfer debt free with the exception of the $600K in floor plan financing that a buyer will have to qualify for and assume at the closing. They are, for the most part, a cash/credit card business. They do have some charge accounts, but they have less than a 1% default rate. Theft of their equipment has been non-existent since they installed a sophisticated security system with multiple cameras. The business has 19 trustworthy, competent, and reliable employees who love their jobs and will all stay after the transition. The manager is capable of running the business on his own but not growing it significantly. The business really could use a passionate owner to help with the sales or the management of the sales team. The location was purchased by him in 2009. The land is located on one of Colorado's busiest roads which is 6 lanes across with high visibility. It is in the middle of one of the fastest growing areas in the country. The facility is 7,000 Square feet with 2500 sq. feet of showroom on 3 acres of property. The property is fenced, well lit, and they still have room for growth. He prefers to sell the property to whoever buys the business at the same time. He will sell it for the appraised value which is 3.3MM. He just had a full appraisal done in November 2014 which took a month. The appraisal is in the other section of the data room in the sales package and clearly states on page 28 that they are in a "redevelopment zone" which offers tax breaks, etc for further development of the property. The appraised current value can’t take that into consideration because it is not how the property is being used. In other words, there is tremendous upside value to this property either right now for a developer if the buyer wants to move the business or over time based on its location. King Soopers is developing an area just to their north and all of the land that was available around them has been bought over the last two years. This is a dual opportunity based on the upside potential of the land also. There is substantial room for improvement in how the land and building is being utilized.Growth and Expansion: "The company could grow faster by adding an additional location or by adding an outside salesperson and/or a sales manager/salesperson. The model that I have created can be immediately replicated profitably. Most growth plans have inherent risk but my model works. I know how to penetrate any market using my model which could be expanded nationwide. Trailers have always been popular in Colorado and I came in and took this business from almost nothing to dominating the market in less than 4 years. In addition, we are seeing rental rates increasing and the demand for customization increasing as the economy is gaining momentum. This will allow a new owner to increase rates which I have not done." Plus, Colorado is the best State in the country to own a business. Colorado is THE "#1" fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider. The article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports. _________________________________________________________Please Call of Email for Information: The broker is available at any time to discuss your interest in this offering and can set up a meeting either in person or by phone with the owner(s). Thank you for your interest. If you are NOT interested in this business for sale, but you refer someone to us who buys it and we collect the full commission, we will immediately pay you a referral fee of $5,000. Please send us anyone (or email this to anyone) who you think would be interested in this offering. Thank you.Sincerely,Jeff Chapman EisnaugleCompany Broker Group, LLC.999 18th St Ste 3000Denver, CO 80216303-905-7607 Direct303-284-7025 Main720-524-6482 Faxjce@companybroker.com This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage. Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions. Read Less
Trailer/ATV/Snowmobile Dealer, Growing, $600K of Assets, $5.6M RevTrailer selling,... Read More
Trailer/ATV/Snowmobile Dealer, Growing, $600K of Assets, $5.6M RevTrailer selling, servicing, customizing, and rental company representing major brands along with snowmobiles and ATV’s 2014's revenues were $5,598,872 and the adjusted EBITDA was $342K. The 2013 revenues were $4,679,396 with an adjusted EBITDA of $349K. The business has over $600,000 of current value equipment and inventory that the buyer will get Debt Free! The buyer will also get an additional $1.5MM in inventory that is "floor planned" and have to assume the debt for that. They are up year to date through February 2015 compared to 2014 which continues to prove that they do not need the oil and gas industry to continue to grow. If it ever recovers in their area, this company will be much larger very quickly. The business has many long-standing customers which has resulted in an increasing percentage of recurring business.This is a “Fun” business to own and has loyal and long term employees that will all stay post-closing including a capable and trustworthy manager capable of running the business himself.Location: West of the Rocky Mountains The sales price is $925,000 with at least a $800K down payment at the closing. Recurring revenue always deserves a premium and this company has a lot of recurring business. This can be either a stock or asset sale. The non-disclosure agreement link is: http://companybroker.com/buyer-profile-jeff.htm If it is blue you should be able to click on it, if not please cut and paste that to a URL line(browser) and it will give you the NDA. Please fill it out and send it back to automatically request the Full Sales Package containing a detailed data room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the Confidentiality Agreement (CA). If you have any questions or comments on the CA please email me at jce@companybroker.com. Thank you. _________________________________________________________Brief Overview and Deal Points:This is a truck and trailer sales, customization, and trailer rental business. It specializes in horse stock, combo, utility, cargo, equipment, and pick up flatbed trailers. They are also an Arctic Cat dealer which means snowmobiles in the winter and ATV’s in the summer and offer Line-X spray applied bed liners. The residents in their immediate area are very much the outdoors recreational types. Therefore, whether it is for the needs of a ranch or to carry a boat/ATV/snowmobile for fun, the demand is very high for their products. They have the best selection at the best price in their region. This company already operates at a low cost structure based on its size and location. They can find, customize, rent, or sell anything a buyer would need at competitive pricing with great margins even if they have to custom order it from a factory. Accessories are in big demand in their area and have big markups like truck beds, grille guards, tool boxes, hitches, winches, toppers, etc. The assets included in the sale are estimated to be $250K in merchandise, $71K in trailer inventory which includes used trailers, $150K in parts & accessories, and $175K in equipment and other fixed assets. The less detailed breakdown of this is $471K in inventory and $174K in equipment. This totals $645K and to be more conservative, we are advertising $625K. They represent many of the largest manufactures exclusively for a 250 mile radius and also carry many others that are very popular and are a good fit for their customer base. We Have 6 Main Revenue Areas/Sources:1) Trailer Sales – The company has exclusive dealership status with many manufacturers and currently has an estimated $1.5MM in new inventory that they don’t own and pay floor plan interest on to have on site to sell to customers. The floor plan interest program allows them to have a large volume of new inventory without having to pay for it until each item is sold. New trailer sales make up about 43% of their overall sales. New trailers sell for between $2,000 and $50,000 and average close to $8,000. They also sell used trailers which makes up about 10% of their revenue. A new owner can increase cash flow by buying more inventory and reducing the amount of floor plan interest that they pay. 2) Trailer Rentals – The company also rents trailers which can sometimes lead to a sale and is a high margin part of their business. They use this to help increase sales also. For example: If they don’t have a trailer in stock that a customer may want or they need time to customize it, they will either allow a customer to use a trailer or rent a trailer to the buyer ensuring the sale and creating customer satisfaction and loyalty. This is only 1% of their revenues and could easily be expanded with advertising. 3) Arctic Cat Sales– They are an Arctic Cat dealer which means ATV’s in the summer and snowmobiles in the Winter which helps them stay profitable in the slower months. Arctic Cat makes up about 11% of their revenue with average sales of around $11,000.4) Customization – The horse, construction, and especially the oil industry has special requirements that they are uniquely able to fulfill. They are constantly getting orders to customize trailers for specific jobs that their customers need. This is high margin work. The business also owns a Franchisee of Line-X which will transfer with the sale for $8,000 which the owner is willing to split with the buyer. This product brings them new customers but is only currently 1% of revenues. The seller believes a new buyer should consider having a salesperson call or visit all the dealerships, auto supply stores, and service stations to offer this service. 5) Service, Parts, and Accessories - This is where there size really helps them get and hold onto customers. They are the largest trailer dealer in their area and carry the largest supply of parts and merchandise. The company also has several experienced mechanics and counter people that really know their products and how to treat local customers. They can repair and customize trailers, do steel fabrication, hitch and brake installs, pick-up flatbed installs, and install the accessories they sell. Parts and Service make up over 15% of their revenues and accessories another 7% and both have profit margins of at least 40%. 6) Internet Sales – They currently have 19% of their sales coming from out of state buyers that they find by advertising their products through 3rd party websites over the internet. They sold 73 of their 400 total units out of state including 3 in Canada last year. This is another area that a new owner can grow by adding additional landing pages, spending money on search engine optimization, and by contracting with additional 3rd party websites. Keep in mind that their website is not interactive meaning that you can’t actually buy or reserve a trailer or other product online. This could be upgraded in the future. Currently 3rd party websites feed into theirs. The company is 8 years old and has a solid name and reputation. The seller will agree to full Reps(indemnifications) and Warrantees and further guarantee a solid legal and business standing. They also have a great record for safety (OSHA) and no legal battles. They are a member of their Chamber of Commerce, the National Truck Equipment Association, and is accredited with the Better Business Bureau since March of 2007 with an A+ rating. The owner will sign a non-compete. He will offer a full time transition to ensure an successful transfer. A buyer does not need any special skills because he can teach him/her what they will need to know to grow the business. Plus, this business comes with a very capable manager/right hand man that will stay post-closing. The owner does not live where the business is and has grown tired of the two hour commute each way. He has been in the trailer business for over 18 years now. He is 57 and wants a change in lifestyle. He enjoys investing in real estate which he wants to do closer to where he lives and this will also allow him to slow down a little while he is still working.Growth Potential: The company is growing at 22%. The new buyer can expand geographically by taking advantage of their relationships and buying power. The buyer can also increase their market share by adding an outside sales person which makes sense again with their economy improving again. In addition, the new owner could improve their internet presence by adding landing pages, optimizing their website, and by making it interactive so customers can order parts, accessories, order and customize trailers, and schedule service or rentals. The buyer could acquire one or both of the other similar businesses located in their area that would increase the value of them together, create instant cost savings, and increase sales at each location by expanding each of their separate dealer relationships to the new location(s). This also allows for one location to do the detailed customization work etc. to be more efficient, another to sell the larger trucks and trailers, etc. Their main competition is 50 miles away and there is one closer which is mostly RV’s. Neither competitor can carry the exclusive lines that they do based on their exclusive agreements with the manufacturers. The company has 12 employees including 6 sale people including a manager, 5 mechanics, and the owner. The manager is capable of running the business in the owners absence and makes $70,000 a year. The company focuses on a customer centric approach with customer service and satisfaction the main goal. They have knowledgeable and responsive employees that combined with a very large inventory and not much competition gives them an edge. If you divide their total revenues per employee, you get a very impressive $380,000 per employee which is an indication of how efficient the business is. The real estate the business is located on can be leased at the market rate or purchased for $1.8MM which it should easily appraise for. The lease will be $9,000 per month +NNN. The company is located in a beautiful part of the Country. The town is growing with a brand new hospital, high school, hotels, theater, shopping, etc and has maintained the feel of an old west town by preserving it historic downtown area also which includes everything from an old saloon to a wine bar/restaurant with a lot of outdoor activities all around it. There are larger towns nearby which offer more activities and restaurants. Conclusions: The company has great products that are in increasing demand in a beautiful and growing part of the country. The company is already established making it very low risk to a buyer and is growing. The company currently has an excellent manager and employees along with a well-trained back office. This company can grow even faster through expansion or acquisitions. This company comes with over $625K in current value hard assets already owned by the company and dealer exclusivities that would make it very difficult for a competitor to penetrate their market. Plus, The seller’s commitment to carry some of the sales price confirms his confidence in the short and long term performance of the business.Plus, Colorado is the best State in the country to own a business. Colorado was the #1 fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider. This article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports. _________________________________________________________________________________________________________________________________________________________________________________________________________________________________ Please Call of Email for Information: The broker is available at any time to discuss your interest in this offering and can set up a meeting either in person or by phone with the owner(s). Thank you for your interest. If you are NOT interested in this business for sale, but you refer someone to us who buys it and we collect the full commission, we will immediately pay you a referral fee of $5,000. Please send us anyone (or email this to anyone) who you think would be interested in this offering. Thank you.Sincerely,Jeff Chapman EisnaugleCompany Broker Group, LLC.For 20 Years, We Sell Businesses "Quickly and Quietly" 999 18th St Ste 3000Denver, CO 80216303-905-7607 Direct303-284-7025 Main720-524-6482 Faxjce@companybroker.com This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage. Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions. Read Less
17 Year Old Location Driven Beer, Wine, and Liquor Store in Growing Western CO TownThe... Read More
17 Year Old Location Driven Beer, Wine, and Liquor Store in Growing Western CO TownThe 2014 revenues were $1,495,749 through December 31st with $188,866 in adjusted net income. Both the revenues and adjusted net income have been up every year for the last 5 years. The owner anticipates that 2015 will be a continuation of that trend with all of the new construction in their area. The sales are location driven and this store benefits from being right next to the main grocery store in their area which is also a huge barrier to competition. The store is 17 years old creating a long-standing location and customer base that consistently attracts recurring business. This is a “Fun” Business to Own plus it will not change the day after you buy it. It is also a business that allows the owner to take vacations and time off without impacting the sales. Location: Close to Glenwood Springs, CO_______________________________________________________________The sales price is $495K sales price plus inventory. The inventory runs between $130K and $150K. They will consider allowing the transfer of some of the payables(debt on the inventory) to the buyer reducing the total down payment necessary. They will be keeping their cash and AR. Recurring revenue, location driven companies especially liquor stores deserve a high premium to earnings. Please fill out the Non-Disclosure Agreement in the link above to get the full sales package with financials, pictures, tax returns, and their location. The confidentiality agreement(NDA) link is: http://companybroker.com/buyer-profile-jeff.htm which will get you the full sales package and name and location of the company. If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA. Please request the full sales package containing a detailed Data Room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the Confidentiality Agreement (CA). If you have any questions or comments on the CA please email me at jce@companybroker.com or call me at 303-905-7607. Thank you._______________________________________________________________Brief Overview and Deal Points:The buyer will also step into a solid pipeline of growing recurring revenue with some of the highest profit margins in any industry which is a direct result of their great location. “2015-2016 should be great years with the Colorado economy, skiing, and new construction."The liquor license is easy to apply for and will not take very long to obtain. We have a perfect reputation for fair dealings. The seller will agree to full reps and warranties to a solid legal and business standing. We have a great record for safety (OSHA) and no legal battles. The business is for the most part a cash/credit card business. Based on the design of the store and cameras, shoplifting has been virtually non-existent. The owner has already implemented a computer system that tracks all sales and inventory so this business is very low maintenance. There are 5 trustworthy, competent, and reliable employees. This includes a manager that is capable of running the location on their own. The manager makes $17/hour when they are in town and $19/hour when they are gone.The location is 2,360 square feet with approximately 1900 square feet of shopping space and 460 square feet of office and storage space. They share the same parking lot with the main grocery store in their market. There are other tenants that bring in additional traffic in the same strip mall all with long term leases. The lease is for 5 years with two 2 years left and is transferable. You must see the store to appreciate how well laid out it is and how good the location is. There is also plenty of free parking which is hard to come by in many CO mountain towns. The store is just off of I-70 and can be seen by the highway. The grocery store, gas station, and fast food nearby attract traffic to exit the highway which often benefits them also. They are located in the densest area of population in their town and in the busiest shopping center in town.Growth and Expansion: The store will continue to grow without any changes although there are many opportunities an owner operator could take advantage of. A new owner would be able to network and personally market to the resorts, event planning companies, etc. The current owner has not pursued any other form of marketing other than the yellow pages. They have no website or online presence and by adding this is could improve sales. This is important because many people heading to Lake Powell or on vacation would not know where they are located without this. The store is located on the access road to the two largest residential developments in area including a very popular Golf course. Golfers love to drink. There are several hundred undeveloped plotted lots in that area. Another opportunity is to stock higher cost wines and for the new owner to either already know fine wines or be willing to learn. Also, there is room for growth in wine sales because the new owner can carry more fine wines with a higher markup. Plus, Colorado is the best State in the country to own a business. Colorado is THE "#1" fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider. This article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports. _______________________________________________________________Please Call of Email for Information: The broker is available at any time to discuss your interest in this offering and can set up a meeting either in person or by phone with the owner(s). Thank you for your interest. Sincerely,Jeff Chapman EisnaugleCompany Broker Group, LLC.999 18th St Ste 3000Denver, CO 80216303-905-7607 Direct303-284-7025 Main720-524-6482 Faxjce@companybroker.comThis is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage. Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships.Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer.Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required.Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions. Read Less
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