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16 Yr Parking Lot Striping Co in Central Mtns, Almost 100% Repeat BizOnly Works 7 Months a Year, Loyal Employees, Great Reputation, Solid Business Mo
$350,000Cash Flow: $140,000Seller Financing
16 Yr Parking Lot Striping Co in Central Mtns, Almost 100% Repeat BizOnly Works 7 Months a Year, Loyal Employees, Great Reputation, Solid Business Mo

Frisco, CO

Parking Lot Striping Co in Central Mountains of CO 16 Year Old Company The trailing 12 month earnings are 140,612 on revenues of 364,654 through September 31, 2018. 2017’s earnings were 146,810 on revenues of 347,890. This company paints lines on parking lots including Handicap Symbols, place signs in the ground, applies thermoplastic which are the thick lines that you see for most crosswalks/arrows in streets, and provide efficient design services for new parking lots at extra charge. This business is only open from mid-April to early November. He leaves Denver for Arizona in mid November and doesn’t return until April 1st every year. The owner is retiring because he is in his late 60’s and just broke his hip. He answers his own phone, works out in the field daily, and enjoys striping. This business does not have a lot of competition. 70% of their work is negotiated and not bid against competition. Almost 100% repeat business. They provide services for cities, businesses, and for many property management companies. The buyer will get approximately 57,200 in hard assets made up of equipment and vehicles. The company has a great reputation with a long-standing and recurring customer base. They also have a lot of regular re-striping. Older lots need this every 3 years and newer lots every 4 to 5 years. If the lot is seal coated it can be longer. This business has one W-2 longer term employee that is paid 32K for his 6 ½ months of service. The rest of the employees are hourly W-2 employees. This business has 2 crews that work 2 sites at a time typically. This needs an owner with the working capital to grow the business again. It has the employees, equipment, reputation, model, and customers. The mountains has a lot of seasonally available employees from early April to early November because that is the exact opposite time frame of the winter ski resorts. This is a big positive for this company. In addition, it is not dependent on the economy and there are more businesses and parking lots being built in his territory every year. Location: Owner can live anywhere in Summit or Eagle County. ______________________________________________________________________________________ Sales price is 350K. This price is 2 ½ times the earnings. Keep in mind that the owner of this company is only working 7 months a year. He will carry up to 10% of the sales price. 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. It is an S Corp so this can be either a stock or an asset sale. ______________________________________________________________________________________ Brief Overview and Deal Points: Growth and Expansion: The company can grow by increasing advertising, increasing territory, increasing the number of months they work a year by working at lower elevations in the late fall or early spring, and by just taking more jobs because he turns down jobs almost daily. The current owner loves the industry, his employees, and the company. He is excited to teach the new owner how to run and grow this business. The business can easily expand its coverage area. He said the demand is still there and it is up to the new owner how big they want to be. He grows by mostly just raising prices. 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 very easily. Industry experience is not necessary. There are no licenses required and he and his employees have the necessary experience. This is not rocket science. They chalk lines and work off of basic plans. There is no special software needed and bidding/negotiating takes only one visit and one day. The owner leases a small parcel in Summit County for only $150/month for the storage of the equipment and inventory. They have a great reputation for safety, quality, and reliability. The seller will agree to full Reps and Warranties to a solid legal and business standing. They have a great record for safety (OSHA) as proven by their low workman’s comp MOD rate. They have had no regulatory issues, no lawsuits, and no issues with the city, county, or municipality that they are in. They are also A+ rated with the Better Business Bureau. 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’s. 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. Sincerely, Jeff Chapman Eisnaugle Direct 303-905-7607 Office 303-284-7025 Fax 720-524-6482 jeff@businessbrokercolorado.com businessbrokercolorado.com This is prepared by Business Broker Colorado, LLC with Company Broker Group, LLC being the managing broker 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. Business Broker Colorado, LLC and Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.

Established Business & Real Estate in Heart of Town
$4,600,000
Established Business & Real Estate in Heart of Town

Breckenridge, CO

This well-established restaurant opportunity is in the heart of Breckenridge. Historic 1900's building, completely renovated in 2005. Fantastic views, approximately 200 seats + outdoor patio and upstairs deck. Large wooden bar for dining/drinks, multiple TV's for popular sports. Substantial kitchen features walk-in coolers and freezers, butcher-block counter prep areas, and multiple cooktops. The business, real estate and most of the furniture, fixtures and equipment are included in the sale.


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