Larimer County, CO All Non-Classifiable Establishments For Sale

Non-classifiable EstablishmentsColoradoLarimer

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44 Yr Old Industrial Electro-Mechanical Equip Repair, Sales & ServiceLoyal and Skilled Employees, Great Reputation, Recurring Revenue
$650,000Cash Flow: $347,000Seller Financing
44 Yr Old Industrial Electro-Mechanical Equip Repair, Sales & ServiceLoyal and Skilled Employees, Great Reputation, Recurring Revenue

Loveland, CO

The trailing 12 Months Earnings from August 1 2017 to July 31 2018 were 347K from revenues of 1.87M. This means that the sales price of 650K is less than 2 X the Trailing 12 Months Earnings. The 2017 Earnings through December 31, 2017 were 275K on revenues of 1.76M. This company has steadily grown at an annual rate of 6% in revenues and by over 20% in earnings. He also has 10 loyal employees including a long term manager. This is the normal amount of employees and he is currently looking to add an 11th employee to continue growing. He states that this business can grow to 3M in revenues by focusing sales efforts on current industries and by adding a couple of qualified employees. The business has a lot of fully functional equipment and assets currently worth approximately 230K. This is a tremendous opportunity with over 90% of revenue coming from current customers. That is a lot of recurring revenue coming from well diversified long-term client relationships. A buyer will get a business that has both work in progress and work waiting to be done. In other words, for the right technically oriented buyer, this business will not change the day of the closing. This company’s revenues consistently come from long-term industrial and municipal clients that pay in a timely manner. Location: Located in the Northern half of the Front Range, CO ______________________________________________________________________________________ The Company is being offered for only 650K which is less than 2 X the trailing 12 months earnings and under 2 ½ X the 2017 Earnings. ______________________________________________________________________________________ Brief Overview and More Details: The company repairs, re-builds, sells, and/or services both AC and DC current electro-mechanical equipment. They have many very long-term customers who need regular repairing and servicing of their electro-mechanical rotating and stationary equipment. The Seller bought the business in 2010 and works 55 to 60 hours a week at the business but does not work on the equipment himself. He manages the business including meeting with customers, hiring/firing, works with suppliers, banking relationships, etc. Many companies currently have trouble keeping employees. They do not. The business has the finest employees in the industry the seller insists. The seller will stay on for a smooth transition including employees’, suppliers’, and customers’ relationships. The Seller prefers a buyer with electro-mechanical and general manufacturing experience. The seller knows how to grow the business. He is committed to help the new owner learn the details of his business and take the business to the next level. The company has a solid reputation and has no legal battles. The company has 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 seller will agree to full Reps and Warrantees to a solid legal and business standing. This is an "C Corp" and it can be either a stock or an asset sale. Marketing: He does very little advertising. The work finds them based on their reputation. They had only 2,600 in advertising cost in 2017 for example. The company has grown “organically”. If the new buyer wants to increase this growth rate, he/she really just needs to add more qualified employees and pursue business within the same industries the company currently services. Eventually, they could increase advertising and/or add a salesperson. His online presence is a good website with no SEO, no Facebook, no Instagram but he does have a strong presence on LinkedIn. This is inexpensive and he has over 19,700 emails that are decision makers overseeing, operating, or maintaining equipment for large companies. They have only 1 Google rating which is 5 stars. The Property located in a designated enterprise zone is 1.01 acre with a 11,220 square foot custom built main building. The main building has a conference room, 2 large offices, a large drive-in garage door, ample power, new swamp cooler, fenced yard, separate bathrooms, 5-ton and 6-ton overhead cranes, and two baking areas. The property is being offered for $2.2M to the buyer of the business only. The property is being offered separately from the business because it is owned by an LLC owned by the owner of the business separately. The Seller will consider a lease at his current rate of 10,500 per month triple net for the buyer of the business with the opportunity to buy the property exclusively for 2 years and a first right of refusal afterward. Colorado is the best State in the country to own a business. Denver, the entire Front Range, and most of Colorado are among the fastest growing areas in the U.S. The macro story for construction and overall growth is extraordinary and has been this way for the past five decades. Even during the 2008-2011 recession, Denver fell, but it didn’t fall as hard as most of the U.S. and in the past 6 years has grown faster than almost every other major city in the U.S. Plus, people who move here never leave. Here are some recent articles supporting this. Colorado is #1 for Economic Growth in the US says US News and World Report. Denver CBS4 News states Low Unemployment and great Job Growth in Colorado. The Denver Post says that the Colorado Economy is set for Continued Growth. US News and World Report states Colorado is attracting Skilled Workers that’s driving the State’s Economic Growth. Denver and the Front Range have nationally recognized schools, museums, outdoor activities, theater, music, restaurants, etc. ____________________________________________________________________________________ Financial Information: Asking: 650,000. They will keep their cash AR net of AP. The business will transfer debt free. Please Email or Call for Information: 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 Direct 303-905-7607 Office 303-284-7025 Fax 720-524-6482 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.

Progressive Real Estate Company - 2365
$399,900Cash Flow: $275,000
Progressive Real Estate Company - 2365

Fort Collins, CO

A consistent money maker, this company dominates its niche in the Northern Colorado real estate brokerage market. Their unique method produces steady cash flow for its owner year after year, making this company immune to the boom and bust cycles that plague traditional real estate firms. Meticulously designed systems developed and refined over the past 10 years consistently produce over 75% net profit margins to the owner. And, customer satisfaction is off the charts! There is not a better real estate brokerage company for sale in Colorado today or likely ever. The business is prequalified for an SBA loan. Full details will be shared only with serious, qualified buyers who agree to preserve complete confidentiality. Buyer must have a real estate broker’s license active for two years (in any state). The current owner is very motivated to sell and transition into a different venue for the final chapter of their career. But, they will certainly stay around as long as necessary to ensure that the new owner has all the training and transition assistance needed to succeed. Do not wait; contact us today if you want to buy a real estate company in Colorado. This is an awesome real estate brokerage business for sale, and it will not last long.

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