In This Issue
Balancing Work and Pleasure
The importance of balancing work and pleasure.
As a father, I have stressed to my sons the importance of creating an appropriate balance of work and family time. Most of us need to work to support our families and fund our off-time, but it is also important to spend time with our families and to recharge our batteries. By creating an infrastructure of qualified employees, a business owner not only benefits from the down time, but also increases the value and marketability of their business. (In fairness, I would have to admit that sometimes I preach better than I practice.)
This concept was recently reinforced during a meeting that I had with the owner of a successful, growing business and a potential acquirer. Both the acquirer and I were impressed by the fact that the owner of the selling company had recently returned from a three week island vacation in the Mediterranean and had not once checked in with his business via phone or email. Not only did this provide for a more relaxing time to the seller, but it demonstrated the quality of the staff of the business being acquired. By having a high functioning staff in place, my sell side client should ultimately obtain a greater value for his business and enjoy a shorter transition period upon change of ownership.
The Colorado business transfer market remains extremely active and Colorado enjoys the reputation for being an attractive location for operating a business. As an example, we are representing a manufacturer in Denver and have four proposals on the table from potential acquirers. All four prospects are from out of state. Two are strategic acquirers and two are private equity groups. Similar to the client company with the strong management team, this client is also well managed, debt free, and has solid financial controls in place.
Please feel free to contact us if you would like a free consultation on how to increase the value and marketability of your business.
The majority of our business is derived from referrals. Please consider referring our services if you encounter a situation involving the potential purchase or sale of a business.
Ronald V. Chernak
Inspiring business relationships since 1982!
Commercial Landscape Design #616
This well-established, full-service landscape company is located in the Denver Metro area. The highly regarded company offers a wide range of services, including landscaping, irrigation, demolition, renovation, irrigation repair and upgrades, design, installation, and maintenance of annual and perennial beds. Services are provided along Colorado’s Front Range, from Fort Collins to Colorado Springs. Clientele includes municipalities, retail centers, office buildings, industrial facilities, and residential developments. High profit margin business.
For more information,
contact Lynn Lage
Manufacturing and Distribution of Specialty Food Products #816
This Specialty Wholesale Bakery was founded in 2003 by its current owners. Management anticipates that Gross Sales for 2016 should be over $2 million. The steady growth of this company over the last four years includes the expansion of the product lines. The business is positioned for the right purchaser to take it to the next level. At this time, there are more customers approaching the company than the business can supply with its products. The sellers are ready to retire and enjoy the fruits of their labors. Down Payment amount assumes SBA financing.
Est. Down Payment……$321,250
For more information,
contact Kim Hoyal
Restaurant/Sports Bar with Real Estate #716
Unique restaurant and full-service sports bar in a highly visible, high traffic area. Proximate to a main thoroughfare and near several well-known hotels. Seats 215 indoors and another 96 outside on the heated patio. State-of-the-art equipment. Designed and engineered specifically to accommodate brewery equipment. Plenty of parking. Ready for expansion, as the brand has been trademarked for all 50 states. Real estate available to purchase for $2.48 million (subject to appraisal). Purchase Price and Terms are to be suggested by Purchaser.