BBQ Restaurant w Proprietary Sauce, North Denver, 1.2M Rev, 247K earn
BBQ Restaurant w Propietary Sauce, N Denver, 1.2M Rev, 247K Earn
BBQ Restaurant and BBQ Sauce Company. The trailing 12 month revenues were $1,213,986 with normally adjusted earnings of $247,131.
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 1M 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.
Quality Colorado Winery and Vineyard for Sale
International Award Winning 20 Year Old Winery with 12.5 acre Vineyard
Established in 1994, this Boutique Quality Colorado Winery is located on California Mesa at 5400 ft. altitude and is surrounded on 360 degrees by lovely views of breath taking mountains. Currently, producing 3500 cases and can expand to 10,000 cases without more capital expenditure. Positive Cash Flow. Allowed to have up to 6 Tasting Rooms.
Turnkey Operation: Winery licensed to produce up to 100,000 gallons (41,660 +/-cases). Denver Storage and Delivery of 16 products in CO.
* 3 Tasting Rooms - Glenwood Springs, Montrose and Olathe.
* 65 Wholesale Accounts - appx. 75% of Income
* Inventory - appx. 1900 cases.
* Work in Process - 2480 gallons ready to bottle.
* Optional Vineyards (10 ac.) and Acreage (15 Acres) - Buy Separate.
* Wine making and vineyard equipment, lab and supplies.
* 100 Oak Barrel capacity - in stock 30 - 70 gal. & 15 - 60 Gal.
* SS Steel and Poly Tanks - 10,000 gallons capacity.
* All LOGOs, Website, Copyrights, Approved Labels, Commercial Artwork,
E-mail List, and much more.
Buildings on 2.5 acres: Tri-County Water, Natural Gas & 3Phase Electric
* Production Building: 1260 +/- Sq. ft.
- 30' X 42" X 12" Steel Building with 10' X 10' Overhead Door,
- 2 Steel entry Doors, 8" Concrete Slab Floor with In-Floor Heating,
- French Drain, Hot Water Heater and Boiler,
- 5 Ton A/C, 3 Ton Chiller with Piping,
- 30' X 16' Concrete Crush Deck with small Trailer Dock.
* Tasting/Barrel/Storage Building: 3360 +/- Sq. Ft.
- 42' X 60' X 16' Steel Building with Build-Outs. 18 Wheeler Dock,
- 12' X 12' and 8' X 9' Overhead Doors, 5 Ton F/A Heating and A/C,
- 8" Slab with heat, French Drain, Finished Steel with Heavy Insulation,
- Tasting Room - 600 sq. ft. with 18' Cherry counter, Cabinets &
Cupboards, ceramic Tile Floor.
- Upper Storage - 840 sq. ft. - Tast'g Room, Shipping & other Supplies
- Warehouse - 42' X40' 16' (26,880 +/- sq. ft.), Barrels & Case Storage
12.5 Vineyard: Automated Drip System - 20 to 30 Acre Capacity
- Irrigation - Uncompagre Water Users (Federal) -
appx. 1 share per tillable acre, Headgate on property
- Vines - 6 Vinifera: Pinot Noir, Merlot, Lemberger, Cabernet Franc,
Chardonnay, and Gewurztraminer
- 2 Newly Planted Hybreds
- Elk Fenced with gates
Bakery - Wedding Cakes
Larimer County, CO
Long, successful track record and cash flow!
For almost 20 years, this award winning wedding cake design studio and bakery has built an unmatched reputation for creative designs, the highest quality products, attention to detail and a long, long list of delighted customers. The asking price includes all FF&E, established suppliers plus solid relationships with preferred venues that generate a constant flow of business referrals. Currently, the business thrives on “word of mouth” alone! A new, energized owner could expand geographic areas, increase product offerings and concentrate on growing the company.
Equipment includes three single door reach-in refrigerators, a single door reach-in freezer, SRC expandable walk-in cooler, SRC expandable walk-in freezer, 20 quart Hobart mixer, 5 quart Kitchenaid mixer, two 4 quart Kitchenaid mixers, Moffat Convection Oven - 4 full sheet racks, BakBar Convection Oven - 4 full sheet racks plus all bakery and decorating equipment, tools, and supplies.
Wholesale Classic Baked Goods, Confections, and Snacks
Centrally located in SE Denver, Colorado, this is an ideal area for deliveries to this company and to its customers. This company’s owners are highly motivated, and have priced to sell, as quickly as possible due to serious, increased health issues.
This is the perfect opportunity for someone with baking, food service and customer relationship skills and an entrepreneurial drive and passion!
For eighteen years, this established, wholesale bakery and specialty chocolate manufacturing business has produced, distributed and personally serviced a long list of top-quality hotels and resorts, caterers and event planners, corporate businesses and fine gourmet retail outlets.
Fresh-baked cookies, breakfast breads and muffins, unique biscotti flavors and dessert bars, cookie dough, snacks and chocolates, are just some of the products produced for this company’s long established customer base. The ability to customize products, produce custom designed chocolates and “private label” for individual customers sets this company apart from its competition.
During the most recent years, average annual sales have ranged from $215,000.00 to $257,000.00 as a result of the fluctuating economic conditions. However, past years have also allowed this company to realize annual sales approaching $400,000.00.
The turn-key sale of this business includes all equipment, furniture, fixtures, recipes, websites, trademarks and more. This company takes great pride in their products and in their customers and will insure your transition includes training on recipes, production and deliveries.
All recipes, policies and procedures are contained in manuals for easy reference. The baking and candy manufacturing facility is FDA and state and local health department certified.