Simple and Profitable, Farm-2-Fork Cafe for Sale in Small CO Town!
Simple and profitable farm-2-fork cafe for sale!
Buy this Cafe for Sale in Colorado if you're tired of the rat race and working for ‘’The Man’’ for years with little or nothing to show for it. Perfect for a couple!
This Cafe for Sale gives you a rare opportunity to live, work and be your own boss in a small, pristine, Colorado town. This location is nestled at the foot of the Front Range but just minutes from I-25 [Colorado's main north-south interstate]. It does not mean you won’t be busy. This Cafe for Sale is a 2nd home to loyal locals and tourist flood the main, nearby highway on their way to some of Colorado’s most popular destinations. A great place to live your life that you will appreciate every morning when you wake up and walk to work to your beautiful, spotless, bustling cafe that currently serves breakfast and lunch 6 days a week. This is a perfect opportunity for a first time restaurant owner or couple!
Own and operate the only food establishment in town when you buy this Cafe for Sale offered by the Restaurant Brokers. Currently open only seasonally this location is still profitable and someone wishing to stay open all year round could easily double sales and profits. Add a liquor license and increase even more. The business is there too – you are literally the only game in town. The Cafe for Sale is beautiful and well lit with a great view of the mountains both from the dining room that seats 48 and the spacious back deck that seats another 20. Earth tone colors and hardwood floors are warm and inviting with spacious floor to ceiling windows overlooking Main St. Entry price is very low and your fixed costs are outstanding! Rent for this 1400 Square Foot Cafe for Sale is only $900/mo. There is also ample roon the basement, which has dry and refrigerated storage and a big office, and the beautiful back deck that is used in the spring and summer months. The Seller's 3 bd 1-1/2 bath home, two doors down from the restaurant is also available to purchase separately.
The open and spotless kitchen at this Colorado Cafe for Sale currently serves a simple menu for breakfast and lunch. It features egg dishes, biscuits and gravy, baked goods, soups, salads and sandwiches and the best green chili you have ever had served fresh and fast. Looking for premade, run of the mill items with canned ingredients? – Not here! Currently run by a couple who wish to return to their home in New Zealand they shop every day for local and fresh raised ingredients. The have cultivated a relationship with a nearby Amish farm and processing plant to provide farm to fork meats. The farm is even in the process of raising chickens to provide farm fresh eggs to the Cafe for Sale. The baked goods at this Cafe for Sale are made in house and the menu is fresh, simple and healthy. As with any small rural community the cost of nearly everything is a fraction of what you would incur in Denver or Colorado Springs. The compact, simple menu keeps labor cost low. Last season the owners of this Cafe for Sale managed with only one other part-time team member but business was getting so good, they [or you?] will certainly have to add more soon.
For more information on this ‘’All Cash’’ Cafe for Sale click on one of the boxes below to sign a Confidentiality Agreement or call your Colorado Certified Restaurant Broker, Bob Steinberger at 303-901-4938.
CO Trailer Dealer, 5.45MM Rev, 579K Adj Earnings, $1.9MM Assets
The owner lowered the price to $1.8MM for the business or $5MM for both the business and the land. The trailing 12 months through September saw revenues increase by 13% over last year with a 23% increase on the bottom line. They finished 2014 with 7% higher revenues than 2013 and increased the bottom line also. The owner is absentee and believes that a new owner would make a big difference. There is a big increase in equity potential for this business because the owner believes that it should be doing over $10MM in revenue.
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 email@example.com or call me at 303-382-1926. Thank you.
Denver’s Largest Trailer Dealer and Rental Store(Not RV’s)
The latest 12 months through September was 13% higher than 2014’s resulting in the trailing 12 month adjusted EBITDA being $579K on $5.45MM in revenues. 2014's adjusted earnings were 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 $1.9M 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 home 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 five 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.
South Denver, CO
The seller is asking for 1.8M for the business and am willing to carry $350K of that. 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 $720K 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 5.35MM in revenue over the last five years and has seen its growth rate accelerate in 2015.
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. The business has grown over 20% on the bottom line since the new manager took over. He is confident that everything is now in place for a new owner to come in and take this business to the next level.
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 $720K 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 will lease the property for $16,000 a month + NNN which is well below the market rate because of the appraised value which is 3.3MM. The land and business can be bought together for $5MM total also.
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 replicated profitably. 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 $5.35MM in less than 5 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. 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.
Jeff Chapman Eisnaugle
Company Broker Group, LLC.
999 18th St Ste 3000
Denver, CO 80216
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.