Denver County, CO All Non-Classifiable Establishments For Sale

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Sports Collectibles BusinessCollectibles Retail Shop for Sale | Valuable Inventory
$270,000Cash Flow: $69,640Seller Financing
Sports Collectibles BusinessCollectibles Retail Shop for Sale | Valuable Inventory

Wheat Ridge, CO

Niche collectibles business for sale with a large and very valuable inventory. This is an ideal acquisition for a sports enthusiast or someone looking to add a complementary business to a current sport or collectible related company.

FIRE SALE! Heavy/Med Equipment Transfer/Customer Delivery & Repair CoLoyal Employees, Great Reputation, Recurring Customer Base
$490,000Cash Flow: $192,000Seller Financing
FIRE SALE! Heavy/Med Equipment Transfer/Customer Delivery & Repair CoLoyal Employees, Great Reputation, Recurring Customer Base

Denver, CO

Heavy/Medium Equipment Transfer/Customer Delivery Company They also Repair Heavy/Medium Equipment The business currently has Trailers and Trucks with a current value of $398K. The total assets are approximately 440K in current value. The earnings were consistent at almost 200K until earlier in the summer when they lost a driver to one of the locations they used to service. This caused the Sales Price to be lowered from 575K to 490K with a 400K down payment. He will carry the 90K of the sales price for 5 years. Companies with 90% of their sales price covered by mostly large equipment sell for large premiums because of the reduced risk to a buyer. He wants out as soon as possible and has allowed me to price this just above the value of his assets to help get this done. His trailing 12 month revenues are still above $1.1M through September. There is a lot of value to this company beyond the value of the assets. They were down from 7 to 5 drivers until December 1st when they added another driver and United in Portland has requested a 2nd driver and truck which the owner is in the process of adding as of 12 17 18. For Sale: Heavy/Medium Equipment Transfer/Customer Delivery Company They also Repair Heavy/Medium Equipment The trailing 12 months earnings have dropped to just under 125K on 1.1M in revenues but he has replaced the drivers that he lost between June and October 2018 so he expects the revenues to start improving again. 2017’s earnings were 184,142 on 1,534,146 in revenues. Both 2015 and 2016 are very similar. In fact, 5 years of revenues and earnings are all within 10% of each other averaging 180K in earnings and 1.5M in revenue. This company has been very steady and predictable until they lost 3 employees this year. One was just the minimum wage shop guy which they only have part of the year, the other was two were drivers one of whom went to one of the 5 United Rental locations they serviced and it hurt them. This is the main reason why the sales price has dropped from 575K to 490K. He has added one driver and is in the process of adding another. The company also has approximately 450K in Assets made up of 398K of semis with landals, lowboys, heavy duty rollbacks, one tons, and a 35 foot gooseneck(See attached). In addition, there is an additional 52K in FF & E that includes tools, welders, and other equipment. Typically, companies with over 90% of their sales price covered by current value assets especially assets as valuable as heavy tow trucks sell for well over 4 times earnings. The sales price is now only 490K which is below 3X the 2 or 3 year average earnings which is at a fire sale level based on the fact that the assets are 90% of the sales price. The owner works an average of 15 hours a week which is 5 in the office and 10 at home overseeing the operations. His wife helps with the books and works 10 hours per week. He has 2 full time drivers, 2 office staff including a dispatcher and a bookkeeper who also does the billing, and 2 shop people including a mechanic. When he is out of the office, he has two of those employees that he relies on to help oversee the operation. The owner and his wife will be available to help in transition and consult longer term. The company has many long-standing relationships and profitable contracts in place that generate recurring revenue. His customer list is the very largest and well know Rental and many more that are not nationally recognized household names. Location: Just North of Denver ______________________________________________________________________________________ The offering price is only 490K which was lowered on 11 13 2018 from 575K. He will be keeping his cash and accounts receivables and will pay off all debt including the accounts payables so that the business transfers debt free. This is an S Corp but the Seller will consider either an “Asset” or a “Stock” sale and will offer indemnifications. ______________________________________________________________________________________ Additional Deal Points: Recurring business is over 90% of his revenues which comes from reoccurring business from large rental companies. Approximately 85% of their revenue is from United Rentals but they are hired by each individually run location which are often different divisions so this reduces the concentration. He does deliveries for at least 5 different United Rentals locations (4 in Colorado and 1 in Oregon). This company will not change the day after the closing. The phone rings all day long. You must see the video interview of the owner in the link above to fully understand how good this opportunity is. The company also delivers equipment for the largest disaster abatement companies including Blue Sky and Service Pro. They have delivered generators to both Houston last year and California this summer because of disasters. Growth and Expansion: There are a lot of opportunities for growing this company. A buyer could hire a sales person which they have had on and off and it worked but he wanted to maintain a certain size so he has not had one for the last year. He talks about this in the video interview in the full sales package. Off camera, he says he is too laid back to have a company that is bigger. That is why he only works 15 hours a week and his revenues have been so steady. He wants to focus on real estate. The company does not even have a website. A new owner should set up and start optimizing a web site which is a very inexpensive way to generate revenues. Mailing brochures to rental companies with large equipment should work also. More advertising is an obvious move. He only spent 5,900 in 2017 and less than 3K in 2016 which is less than ½% of revenues. Typically, companies like this will have 4% to 6% of revenues in advertising. They have historically grown by word of mouth and referrals which is based on providing great customer service. The other big opportunity is for him to hire a licensed Tow Truck driver or get one or more of his current drivers wreck master trained and certified in custody and control procedures because they have two lowboys that can both be used as tow trucks. The business gets calls every day for towing. It could be a great way to keep employees busy if they don’t have all their drivers out delivering equipment. In addition, the owner believes that there may be a branding opportunity and/or a chance to open other branches in other states. He states the demand is very high and his guys are busy all day every day. All employees are randomly drug tested by a third party. There are currently 6 employees which is made up of 2 DOT certified drivers one of which is full time in Portland Oregon, 1 dispatcher who works 6AM to 6PM M-F with the other one being the office manager/bookkeeper, and 2 shop people including one mechanic who has been there over 5 years. The mechanic spends most of his time generating revenues by repairing a lot of the very same equipment they deliver. This is not something they advertise either. The employees are all on salary except one of the shop employees makes 12/hr which is currently vacant. The employees are trustworthy, competent, and reliable. He treats his employees well because they are experienced in handling all aspects of the job. The location is north of Denver in Henderson because a lot of the large rental companies also rent equipment in the oil fields in north east Colorado. The building is leased which can be easily taken over or a new longer-term lease created. He currently pays 4,800/month in a Gross Lease which gives him a 2000 square foot shop with a bathroom with a shower for the drivers, an office, and custom building with 16 square foot doors and a floor oil and sand separator along with a large 1 acre yard with room to expand. Plus, the landlord just bought the property next door and plans to have even more storage/parking available soon. The owner will sign a non-compete. He is willing to transition the business and can teach the new owner how to run the business and how to grow it. Industry experience is not necessary. There are no required licenses that the owner needs. He believes all employees will stay also. He is selling because he wants to move to New York. This company has a great reputation for service, safety, quality, and reliability. They have a great record for safety (OSHA) but a driver had an accident in 2016 and it resulted in them setting up the PEO (People Employment Organization). The other reason they set up the PEO is that they have a driver out of state now also. There are no regulatory issues and have all of the drivers have the required commercial license. The seller will agree to full Reps and Warranties to a solid legal and business standing. _____________________________________________________________________________________ Financial Information: Asking: 490,000 for 100% of the business. Please Email or Call for Information: jce@companybroker.com or call Jeff Chapman any time at 303-905-7607 to discuss your interest in this offering. Please send us anyone who you think would be interested in this offering. Sincerely, Jeff Chapman Direct 303-905-7607 Office 303-284-7025 Fax 720-524-6482 jce@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. 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.

Vehicle fleet glass installation & chip repairProfitable business with marketing material and website in place.
$49,000Cash Flow: $30,674Seller Financing
Vehicle fleet glass installation & chip repairProfitable business with marketing material and website in place.

Denver, CO

This B to B company specializes in fleet repair of commercial vehicles – usually midsized to large trucks. Approximately 90% of sales is fleet work with 10% being residential. Working on fleets reduces drive time. Great customer loyalty. Grow business by adding an employee. Seller works about 30 to 40 hours per week.

Escape Rooms Business
$1,200,000Cash Flow: $488,650Seller Financing
Escape Rooms Business

Denver, CO

This company offers Escape Rooms like no other. The location for the business is perfect with good leases in place. It is growing rapidly and has gone through one major expansion and is now at less than 50% of capacity. Plenty of room for significant growth with most of that growth being reflected in the bottom line. Name recognition in the market place is excellent. It has a large market focus as the customer base has a very wide range of demographics. Highly capable middle management and well-trained staff are in place. It can be operated on a nearly absent basis as the present owners spend very little time on the business. Solid business model in place with state-of-art equipment and software which allows for a significant management to occur off-site.

28M Historically Important Fine Art. Lower Price 8.9M. Can Be Split Up
$8,900,000
28M Historically Important Fine Art. Lower Price 8.9M. Can Be Split Up

Denver, CO

$28M in HISTORICALLY IMPORTANT FINE ART Offered at $8.9M or can be split up and will consider piece by piece offers. He prefers to split the Portfolio between the 15 Museum Quality Paintings and the other 2000 he has in inventory. 15 MUSEUM QUALITY Works Ranging in Value from 250K to 8M each, plus almost 2000 more paintings worth between 2K and 150K each. The Seller is known and has a good reputation in the Art Community and all of the pieces have their own Provenance. The Seller estimates that his entire inventory has a current retail value of 28M dollars which he will offer for 8.9M dollars. Why: He has been selling about 700K worth of the small pieces a year out of a warehouse by appointment only for years. The average sale is 9,000 each. There are records to verify this. Even if you discount that to be conservative to 7,000 each. The 2000 pieces that are left multiplied by 7,000 is 14,000,000 in sales. This is mostly international art that are almost entirely high end oil paintings. He has held onto the large museum quality pieces for both personal collection reasons and because he believed over time they would appreciate. One of the museum quality pieces the Seller has been told could be worth 8M to 10M retail on its own. It could be a featured piece in a major museum in Russia. Compare that to the value of almost every other major countries signature pieces. Russia is slowly catching up and getting the respect it deserves for its increasingly famous painters. He believes that a buyer of these pieces will have them on a major museum wall somewhere with their name on the collection allowing them to appreciate, get recognition along with the owner, and be able to sell them if so inclined. Seller believes that there is the potential for a buyer to make 5M to 20M worth of “net profit” over the next 5 years off of this artwork 2 ways: 1) Buy just the museum quality pieces and get them scheduled over the next 5 years into a major art gallery exhibit where it gets noticed and you will have your name of the “loan” to the museum. This will typically lead to offers and should increase exposure, appreciation, and offers. Just holding onto these pieces should result in a very high rate of return over time. 2) Set up or add to a Gallery. He believes that the Gallery should be able to generate 2M to 3M in revenues per year allowing the Gallery owner to add inventory over time that fits his/her personality. Just 2M in revenue will create a very nice profit for an owner every year. He believes a 3,000 square foot location in a high traffic high end area of Denver would work. Cherry Creek North seems like a great area for a ground level Gallery on a busy block that would cost approximately 48 dollars a square foot triple net. This will have a cost of approximately 175K per year, plus the cost of two full time employees, etc. Total cost of no more than 375K per year. That leaves a huge profit and it will be fun. Seller has recently finished cataloging the museum collection and is planning on getting them scheduled into a major museum exhibit. This should automatically increase both their value and exposure. He has acquired these pieces throughout his life and has not put them up for sale until now. They are very emotional and historical pieces of original art. To be clear, this is a business opportunity to make a lot of money through selling this art for profit. This art is historically important high end fine art that you currently can’t find in any art gallery in Colorado or the United States. He knows this art, the artists in many cases, the history, etc. If you love art and making money in what is a very fun business to own, please watch the video presentations of the art by the owner including individual videos of the museum quality paintings. He is asking 8.9M for the 28M in retail value artwork which is a great deal for a buyer BUT he knows he is not going to get a check that big at a closing so he will allow the Buyer to break up the collection, buy individual pieces, or propose a flexible offer. He prefers that a buyer buy or commit to the whole collection but will consider any offer. This will not qualify for a bank loan and he will only meet with or talk to VERY SERIOUS QUALIFIED BUYERS. He is also open to flying in for special showings and for up to 2 years, transitioning his knowledge completely, and may offer some on consignment. The Buyer can market these pieces many ways: Gallery, Online, museum exhibit, and through Domestic/International expositions/shows. The Seller is well known and will occasionally attend showings, etc to help the new owner Sell the artwork. Details: His assistant of 16 years who knows all of this art very well and works full time in his warehouse will consider a job offer that is partially commission based to continue to sell the roughly $700K per year or to move to wherever to work in a gallery. If the new owner wants to keep the warehouse in Colorado, she will stay in the Resort or split her time. Her knowledge and personality will sell these paintings. The Seller and she are both experts on each piece. Plus, he will commit to making occasional trips to do Gallery Shows so he can help with showings featuring specific art/artists and tell the history and explain how emotional, rare, and valuable this art is. Open or add to a gallery option: To put it in perspective, the 15 most valuable pieces are estimated to be worth at least 15M total and would be featured on the walls of the Gallery helping visitors to learn and appreciate the history and quality of the art making it easier to sell the smaller pieces in the overall collection. He also believes that the Gallery owner could sell copies of the 15 paintings that belong in a museum helping to keep them together making them even more valuable as a collection that can be loaned to museums periodically. High quality copies like Lithographs and Serigraphs can sell for a very nice profit. The Buyer will not need any permissions to do this. All rights to every piece of art is owned by the Seller. Please see the videos above on each of these pieces. A Buyer could always ensure a great start by selling only a couple of the signature museum pieces which could still be loaned back into the collection for museum shows. Museum quality art sells partially because of ego, increasing exposure and therefore increasing appreciation and value, and because they are considered historically important. Once scheduled into a museum, it should be easy to sell the whole collection at once for a very large profit. Serious inquires only. This will not be an SBA loan but there is a chance for financing based on a buyers net worth and experience in the industry. He will not meet with anyone who is not qualified for this opportunity. He is 73 and doesn’t have the luxury of taking a chance on an unqualified buyer or very long term promissory notes/consignments. ______________________________________________________________________________________ Thank you for your consideration. Sincerely, Jeff Chapman Eisnaugle Direct 303-905-7607 Office 303-284-7025 Fax 720-524-6482 jce@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. 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.


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