Well-Established Heating & Plumbing Company
Well-Established Heating & Plumbing Company
Started by the current owners over 20 years ago, this heating and plumbing company has a rich history, becoming one of the area’s most professional, competitive plumbing and heating businesses. The Company provides hydronic heating & plumbing systems — new construction, remodel, replacement, repair and maintenance. They specialize and are industry recognized experts in state of the art Radiant in-floor heating systems and tankless water heater installation. The company maintained its profitability through the recession and has experienced year after year of healthy growth. Their experienced, well-trained technicians provide prospective customers with a realistic, fair estimate before service is begun. In addition to traditional marketing methods, referrals and word of mouth continue to be a good source of business. There are additional opportunities for growth including new product offerings and geographic expansion. The business is SBA financeable.
BBQ Restaurant w Proprietary Sauce, North Denver, 1.1M Rev, 211K earn
BBQ Restaurant w Proprietary Sauce, N Denver,1.1M Rev, 211K Earn
BBQ Restaurant and BBQ Sauce Company. 2015’s revenues were 1.14K with normally adjusted earnings of 211K.
You also get 280K in Assets Debt Free! This is mostly large pieces of equipment at its current value. The total assets also include fixtures and inventory.
This is a turnkey operation now that the owners have figured out what works and what doesn’t. The next phase is to open another restaurant, find greater distribution of their proprietary sauce, and advertise more for the one they have. They got into the business because of their love for BBQ and music. It was never about the money but they are getting older and are ready to let the new owner focus on profits and growth. Neither sounds fun to them but they know that is what the next phase is.
Many long-standing loyal customers which has resulted in a high percentage of recurring business, plus they add hundreds of new customers every year!
This is a “Fun” business to own and has loyal and long term employees whom will all stay post-closing.
Location: North of Denver, CO
Seller’s Quote: “I am confident that a new owner can grow this because of the anticipated growth in the area, greater sauce distribution, and trying some of our ideas that we just never got around to. The hard work is done "
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 firstname.lastname@example.org or call me at 303-382-1926. Thank you.
The seller seeks 1.3MM in total sales price. Recurring revenue always deserves a premium and this company has a lot of recurring business. This is an asset sale with a net zero debt transfer transaction for the buyer.
Brief Overview and Deal Points:
The company is known nationally for their version of authentic BBQ, Great Ribs, and their proprietary Sauce. Their food and restaurant have won many awards. The food is all dry rub seasoned, fire seared, and hickory smoked during a slow cooking process. The restaurant has a family style sit down atmosphere in the front and a full bar with a separate patio in the back all serving wine, liquor, and beer. The restaurant carries a full liquor license. They also have a very good catering business which could be much larger.
The company has created a custom all natural gluten and celiac free BBQ sauce that is in several grocery stores and distribution is still growing. They have recently met with a couple of food brokers who are trying to get them greater exposure and distribution. The new owner should continue this fairly new direction and a great source of a 2nd stream of revenues and profits. There are other opportunities to improve and expand. The owner believes a 2nd location in Denver would do very well because of the larger population. They started this restaurant because they missed their home states BBQ. A new owner could also have a more focused sales effort by hiring an outside sales person to promote catering, business lunch delivery, and banquets. They have a full liquor license which is underutilized with alcohol being only 20% of sales and having the highest profit margin of all sales.
They have 280K in current value equipment which includes two delivery vans with their restaurant information on them plus an additional 8K in food inventory and 8.5K in alcohol inventory. The restaurant is kept very clean and the equipment is in great shape and has regular maintenance.
Their current location is in a beautiful well established and growing city. The lease is 8,700 per month plus electricity, water, etc. for 5,000 square feet. You must see the video walk through in the link in the 2nd paragraph above. Their town is a great place to live and raise a family. The weather is fantastic with 300 days of sun and it is inexpensive to live compared to Denver. It is a very well kept community set in a beautiful location less than 30 miles from Rocky Mountain National Park, Boulder, Denver, Ft Collins, and Denver International Airport. It is a fun place to live with a strong sense of community and pride and an endless amount of activities for the whole family. Plus, Colorado is the best State in the country to own a business. Please see the web link below. 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. http://money.msn.com/investing/the-50-state-economies-from-worst-to-first
The owners are a couple that have been together for a long time and are willing to help transition for a reasonable salary for up to a year. They feel that the strength of their staff and manager will make this an easy transition for the new buyer.
The restaurant has many loyal repeat customers. They are well positioned compared to its competitors because of how long they have been in their market and have the best BBQ with the most awards/positive articles, a strong balance sheet, clean and modern location, long term management, and friendly and fun employees. In short, their reputation and food is why they are the premier BBQ restaurant in a strong and growing BBQ market. ____________________________________________________________
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 $3,000. Please send us anyone (or email this to anyone) who you think would be interested in this offering. Thank you.
Please Call or Email for Information: The broker is available at any time to discuss your interest in this offering.
Jeff Chapman Eisnaugle
Company Broker Group, LLC
1240 S Emerson St
Denver, CO 80210
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. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer.
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.
Popular Mobile Video Game Theater For Sale
ESTABLISHED, highly popular, video game theater for sale
Video game theater for sale in excellent condition. Used for birthday parties, festivals, school events, sporting events, family reunions, block parties, and corporate events, supports 28 players at once. Top of google search with an established customer base within the greater Denver Metro area, repeat business, new business, and referral business. Immediate booking events on the schedule with two weeks of support included. 32' foot trailer, fully self powered, limousine style interior, climate controlled environment, 7 huge high definition TV's, surround sound audio system, laser lights inside and out, stadium seating, 16' retractable awning, newest game consoles, and a huge video game library.
No Franchise Fees, solely owned, price negotiable.