El Paso County, CO Building and Construction Businesses For Sale

Construction co, EARNINGS UP 13%, BIG PRICE DROPConsistant Work, No Construction Experience Needed, Huge Growth Potential
$425,000 Cash Flow: $154,000 Seller Financing
Construction co, EARNINGS UP 13%, BIG PRICE DROPConsistant Work, No Construction Experience Needed, Huge Growth Potential

Colorado Springs, CO

The 2017 revenues were $2.25M up 18% over 2016’s $1.9M with earnings of $154K vs $136K up 13%. The Sales Price was lowered to 425,000. This will qualify for an SBA loan with a 10% down payment to the bank and the Seller will carry up to 15% for a qualified buyer. This means that a buyer can buy this with only $50K in liquidity plus working capital. The buyer is showing more flexibility because they want to retire. This is a tremendous opportunity with over 90% recurring revenue, many long term relationships and loyal employees. This is a general construction company combined with a helical piering company owned by the same couple. They believe that a new buyer can easily grow the company which they have not tried to do for many years as they spent more time with their family and grandkids. They were established in 1986 as a residential construction company and evolved into a commercial construction company adding SCHP in 1990. They do most of their work for the Local, State, and Federal Government especially the US Postal System(USPS). They have a long term relationship with the City of Colorado Springs, Denver, Denver Suburbs, the USPS, and with many of the private owners of Post Offices in Wyoming, Colorado, etc. They are as busy as the owners want to be after 31 years working in the industry and 4 grand kids. They are spending 30 to 35 hours a week working for the business and neither goes out in the field with some exception for him on larger bids. This company has a very high percentage of Recurring Revenues because it has a long term reputation with the USPS and various Government Agencies. This doesn’t mean that every year is the same but that most of their customers need recurring work over time. The Sales Price was reduced to 425,000 with the Seller willing to carry 15% of it. This has already had a bank look at it that said they will approve a SBA loan for a qualified buyer. This means that if the buyer carries 15% which is 63,750 this leaves 361,250 which a bank will provide with the buyer matching 10% of. 10% of 361,250 is 37K which is the down payment the buyer will have to bring to a closing. A buyer should have approximately 40K in working capital because they will be keeping their cash and net accounts receivables and will be leaving the buyer a completely debt free company. The risk in buying construction companies is whether you will have new jobs post closing and whether you can grow the business. They have 90% plus in recurring revenue and do zero advertising. Please watch the video interview in the link above to fully understand how unique of an opportunity this is. The sellers state several times that they could be much larger if they were trying to grow it. They are retiring and have kept the company at a comfortable size for years. Plus, they have almost 200K in current value assets including 104K in vehicles/trailers. No construction experience is necessary. They will train you and let you use their licenses until you get your licenses which they can help you with. A buyer will get a business that has both work in progress and work waiting to be done. In other words, this business will not change the day of the closing. This companies revenues comes to them consistently from long term customers that pay 100% of the time and pay in a timely manner. Location: Colorado Springs Greater Metropolitan Area, CO ______________________________________________________________________________________ Brief Overview and Selling Points: The company repairs, builds, and services government buildings of all types especially for the United States Post Office and Private Post Offices. Most of their Post Office jobs are time and materials and don’t require that they need to pull a permit. If they can’t do the work themselves, they will sub it out and mark it up 20%. If a project is too big for them, it is not uncommon for a larger contractor to be the general contractor and sub some of the work to them. They do mostly carpentry, concrete, and traditional commercial construction framing. They sub most of the mechanical, plumbing, electrical, etc. Most of their jobs are 30 days or less with the average job being close to 2 weeks. Their employees don’t mind the short term travel. The helical piering company was slow for many years but is picking up now as both new construction and remodeling have steadily increased with the increasing population in and around Colorado Springs. They feel both companies could be a lot bigger and profitable with some advertising. They are licensed in CO, WY, and UT. They have done some work in MT and NE also. They expect a great finish to 2017. There are 8 EE’s total with 4 of them being with the company for 8 years or longer. One carpenter has been employed for 6 years and the only new employees are the 2 day laborers whom turn over every year or two normally and a receptionist, but she has been with them over a year . Many companies currently have trouble finding and keeping employees. They do not. The business has the finest employees in the industry, the seller insists. We also have well-trained subs who are 100% loyal to the company and save them money in liability, health and payroll taxes. Since 1986 they have had a great reputation with top notch customer service. They also have a stellar worker’s safety history without anything but small claims and enjoy a low workman’s’ comp rate due to their safety record. The sellers will agree to full Reps and Warrantees to a solid legal and business standing. This is an "S Corp" and it can be either a stock or an asset sale. Their A-1 license in El Paso County also allows them to do roofing and solar. The Colorado Springs area has had major hails storms which can create a large demand for roofing repairs and replacing like this year and solar is becoming very popular especially in CO because we are the 2nd sunniest state. Marketing: "We have no advertising”. The work just comes to us. The new buyer can grow this company through by adding advertising, adding a salesperson, and by just accepting more of the work being shown to them every day. They also have zero social media and social media marketing. No SEO, no Facebook, no LinkedIn, etc. The sellers will stay on as long as the buyer would like them to. They will ensure a comfortable transition of employee, vendor, and customer relationships. The seller has a wealth of knowledge and many ideas to grow the business. In short, they are committed to help the new owner take the business to the next level. We have the finest reputation in the area and have no legal battles. The Property is 1.1 acre with a 6,250 square feet custom built main building in 2001. There are 2 other buildings on the property for storage which are built to compliment the main building in the same style that total less than 600 square feet. The main building has a carpentry shop, large drive through vehicle bay, metal cages for tool storage, reception area, separate bathrooms, and a lot of room for additional storage and growth. The property is being offered for $800K to the buyer of the business only which was determined by searching comparative listings. The property is being offered separately from the business and is owned by the owners of the business individually. Colorado Springs Named Hottest Housing Market by Dow Jones publication. Published on June 16, 2017. COLORADO SPRINGS, Colo. – Colorado Springs is the country’s hottest housing market, according to a list published Tuesday by MarketWatch, a publication of Dow Jones & Co. The ranking is based on mortgage application data analyzed by ATTOM Data Solutions. Ranked number one, Colorado Springs is the only Colorado city on the list and is followed by Charleston, S.C. and Raleigh, N.C. See the full list and an explanation of the data here: http://www.marketwatch.com/story/the-15-hottest-housing-markets-in-the-us-2017-06-13 Also, here is the general tourist Web Site for the Colorado Springs Area: http://www.visitcos.com/ 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 ______________________________________________________________________________________ Financial Information: Asking: $425,000. This will qualify for a bank loan with an application from a suitable buyer. They will keep their cash and AR/AP. The business will transfer debt free. 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. If you are NOT interested in this business for sale, but you refer someone to us who buys it, we will immediately pay you a referral fee of $2,000. Please send us anyone who you think would be interested in this offering. Sincerely, Jeff Chapman Eisnaugle Company Broker Group, LLC. 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

Established Residential Heating & Air Conditioning BusinessGreat Opportunity to start or add to an HVAC business!!
$349,000 Cash Flow: $150,000
Established Residential Heating & Air Conditioning BusinessGreat Opportunity to start or add to an HVAC business!!

Colorado Springs, CO

Lerum Heating LLC is a profitable steady cash flow family owned residential HVAC business that has been providing its services in El Paso and Teller counties since February 2, 2003. The business is licensed, insured and holds an A+ rating with the Better Business Bureau and Angies List. The business has been nurtured from its inception and has been a labor of love for its two owners, Erik and Raylene Lerum. It is with sadness that due to personal issues, its owners will be selling the business and leaving the area permanently. The following items are being offered for sale as part of the existing business: 1. The business entity, including the business name, logos, phone numbers, and website, www.lerumheating.com; 2. All books & records maintained electronically by Lerum Heating LLC, containing all customer lists, customer contact information and prior client history with the business; 3. All accounts receivable earned by the business on or before the sales closing date; 4. All business good will, including pending proposals made prior to the sales closing date, the latter estimated by be valued at approximately $150,000; 5. All tools, office supplies and inventory owned by the business on the sales closing date, estimated to be valued at approximately $5,000; 6. All paid advertising existing on the sales closing date, including any Mexico vacation packages remaining on sales closing date. As of the date of this proposal, six such packages remain. This category will include all company promotional material displaying the Lerum Heating LLC logo or any other company information, including t-shirts and business cards etc: 7. Reasonable assistance by the business owners for up to six months after the sales closing date via email, phone and/or video conference, as requested by the buyer. Excluded from the sale will be the following: 1. Company tax records; 2. Real estate used in the current operation of the business, titled personally in the names of the business owners. It is noted that the business entity being sold owns no real estate. 3. Any vehicles used in the business; 4. The HVAC license issued personally to Erik Lerum.

Quality Stair ManufacturerStrong revenues as building continues!
$475,000 Cash Flow: $145,510
Quality Stair ManufacturerStrong revenues as building continues!

Colorado Springs, CO

This long established Front Range manufacturing business provides quality stairs built to the customer’s specifications. Customers include home builders both custom, spec and tract homes as well as remodelers. Finished stairs are picked up by the customers or delivered by them to the site location. They do have a large regional building materials reseller that they furnish products for through their sales efforts. The current owners are only the second owner/operators of this 30 plus year old business. Operated from an approximately 3,500 square foot leased facility they pride themselves in producing a quality consistent product through the use of well-maintained equipment operated by dedicated professionals.

2Garage Door Business for SaleGarage Door Business for Sale
$150,000 Cash Flow: $65,000
Garage Door Business for SaleGarage Door Business for Sale

Green Mountain Falls, CO

I'm retiring after 40 years in the overhead door business and I'm ready to sell my company. I am the sole owner of Colorado Springs / Woodland Park Garage Doors, LLC. I have been doing business in this area for the past 10 years and have built a thriving well respected company. I have maintained a AAA rating with the BBB and I’m an active member of the local Chamber of Commerce. I concentrate on homeowners, property management companies and real estate investors. I do very little new construction, protecting my business from recession which dramatically effects building trends. The Colorado Springs / Woodland Park area is booming and the population is predicted to continue growing averaging 5000 new jobs a year with a population growth exceeding the national average. Colorado Springs was ranked number five by U.S. News and the World Report on the list of 2016 Best Places to live in the USA. Forbes.com ranked Colorado Springs No. 44 out of 200 U.S. cities on its list of the Best Places for Business and Careers. It's a beautiful area with a mild climate, so if you are the outdoors type, there are activities to enjoy year around. I am asking $150,000 for my business based on the income it generates. If you have any questions regarding this opportunity please give me a call.

Successful Disaster Restoration Business in El Paso County, CO
$369,500 Cash Flow: $200,000
Successful Disaster Restoration Business in El Paso County, CO

El Paso County, CO

Established over a decade ago, this disaster restoration business for sale in El Paso County, CO has a proven track record of success with strong revenues of approximately $550k and cash flows of approximately $200k. As part of a major franchise, this disaster restoration and storm damage mitigation company for sale has a firmly established infrastructure with procedures and practices that have proven successful throughout the United States. Located in the Front Range Urban Corridor portion of Colorado, the territory includes metro areas with universities, residential areas, and commercial businesses with extensive emergency damage restoration needs. As a preferred vendor for national and local insurance companies, this business has a built-in customer base and is highly resistant to recession. A well-trained staff is in place to make for a smooth transition to new ownership. Transition support is in place with thorough, professional training for the new owner. Contact us today to discuss this business with a disaster restoration business expert. **Entrepreneur Magazine ranked SERVPRO #12 on the 2018 Franchise 500 List**

Residential Painting Contractor Company
$58,500 Cash Flow: $35,237
Residential Painting Contractor Company

Colorado Springs, CO

This is a great work-from-home business. The owner has his own crew but also has sub-contractors who do some of the work as well. This is a four-year old award-winning residential painting company. They have won the Gazette “Best of the Springs Gold” house-painter award in both 2016 and 2017. They have an amazing reputation throughout Colorado Springs and the area. This company began operations at the end of 2012. It was started from scratch by the current and only owner and continued through current date. A tragic accident that resulted in the death in the owner’s immediate family created a situation whereby he was not able to work the business as he should have in 2014 and 2015. Things are better now and that is shown in the substantial increase in sales in 2016. He did however continue to use sub-contractors substantially during 2016 to allow himself and others in the family to continue through their grief.


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