– High Recurring Income Fitness Gym, Semi-Absentee #1619
– Niche Auto Repair #819
State of the Business Transfer Market
The other day, I was on a conference call with a potential seller and his accountant. Near the front end of the call, the potential seller indicated that he was nearing retirement, getting tired, and wanted to sell his business, but only if market conditions are right. A variation of this conversation is part of virtually every discussion that we have with our prospective clients. In order to answer it properly, we believe that it is appropriate to dig down and consider several factors in defining the market. Below are some of the factors that we consider.
Global and monetary: Overall there is a lot of transaction activity, in large part due to strong economic conditions and the availability of capital at historically low rates.
Industry: This varies by sector. Certain industries such as healthcare and aerospace are very strong, while other industries such as oil and gas are more volatile at this time.
Geography: As the majority of the businesses that we represent are located in the Rocky Mountain Region, we are fortunate to be located in one of, if not the strongest, market in the country due to job growth and migration.
The bottom line is that we are enjoying an exceptionally strong market for most industries and if you are considering the possible sale of your business within the next three years, now is an appropriate time to consider your options. Obviously, the time needs to be right for you relative to your defined goals and objectives. The team at The FBB Group, Ltd. is available to consult with you on a confidential, no obligation basis.
We would like to wish you all a pleasant and safe holiday season and a prosperous 2020.
Ronald V. Chernak
Inspiring business relationships since 1982!
Online Virtual Radon Training Business #2119
This company has carved out a desirable niche in the field of radon education for professionals in the industry. The business has developed an interesting business model that functions efficiently online with high profit margins and low costs. It can be operated virtually from anywhere. Its copyrighted curriculum includes entry level courses for radon measurement and mitigation that are certified by the National Radon Proficiency Program. There is a complete catalog, also, of continuing education courses. Highlights include a strong position in the marketplace and a large customer base of recurring students. This business should be appealing to (1) a company or person already serving the radon industry in some fashion or (2) a company involved in online education for professionals in another field.
For more information contact Ron Brasch, firstname.lastname@example.org.
High Recurring Income Fitness Gym, Semi-Absentee #1619
This is one of the top locations and best fitness franchises in the nation. As a well-known brand, this location continues to grow as word of mouth spreads and online reputation increases daily with exceptional customer reviews. Active memberships have grown nearly 70% and net cashflow has nearly doubled over the past year. The owner has trained managers in place to run the day-to-day operations making this an opportunity ideal for a fitness industry buyer looking to add another location on the Colorado front-range or an individual buyer looking to own their first gym in an area of town that continues to attract health conscience families. Both the gym and real estate are available for sale and hands-on, in-depth training will be provided by both the owner and the franchisor. With the new year just around the corner, now is the time to acquire this business before new monthly memberships explode again and the value further increases.
This highly respected and well maintained full-service automotive repair shop has been servicing mostly high-end foreign model vehicles for over 55 years. This business brings in customers based solely on its reputation through word-of-mouth referrals. The main parcel of real estate, valued at $260,000 (subject to appraisal), is to be purchased with the business for a total asking price of $395,000. The adjacent real estate is optionally available for purchase at $331,000.