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News From Touchstone Business Advisors
From time to time, Touchstone has new business listings, changes to existing listings or important new developments, which are first previewed to those valued clients, who have previously expressed an interest in a business acquisition or sale. If you have a business associate who would be interested in hearing about our services, listings and receiving our articles, please forward this newsletter and they will be able to sign-up for future notices. You can also keep abreast of these changes and download NDA forms and business profiles on our website: www.touchstonebiz.com
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NEW LISTING: INNOVATIVE FITNESS CLUB WITH EMPHASIS ON PERSONAL TRAINING AND INDIVIDUALIZED SERVICE
Privately-owned neighborhood fitness center offering 24/7 access, adults only environment, individualized education and guidance, personal training, fitness assessment, weight-loss activity coaching and unique behavior modification tools...and more! The club has successfully offered membership and personal training packages to establish a loyal client base. Designed, equipped, staffed and managed by an owner with another full-time higher education position, the club is now in need of a full-time owner/operator to take this innovative concept to the next level. You can acquire this business for $95,000, which is below the start-up costs. This is a great opportunity for a fitness or business professional to step into a turnkey business.
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10 SIGNS OF A GREAT BUSINESS OPPORTUNITY
1. INDUSTRY GROWTH...nationwide, as well as in your local area, verified by industry/market research statistics.
2. POSITIVE BUSINESS TRENDS...in revenue, profits and cash flow, as well as working capital, inventory levels and other financial and operational business metrics.
3. STRONG SUPPORT FROM SELLER...to adequately train you in all aspects of the operations of the business, maintain business relationships and ensure new ownership success.
4. GOOD MANAGEMENT/STAFF...in place to support your training and ownership transition.
5. MARKETING AND ADVERTISING...sufficiently in place to maintain existing revenue, and sustainable/expandable to drive future revenue growth.
6. SATISFIED CUSTOMERS...that understand the value proposition of the product/service provided. Look for verifiable data such as customer satifaction survey results, or better yet...talk to customers.
7. ADEQUATE EARNINGS...to sustain and grow the business, service any debt required to purchase the business and pay yourself a living wage as well as a risk-adjusted return on investment.
8. SOUND FINANCIAL STATEMENTS...year-to-date and three years of tax returns and financials (P&L and Balance Sheet) statements need to paint a clear financial history of the business, including cash flows and working capital requirements.
9. HONESTY...when you have questions about the business, its history, its financials and/or its employees, you need to get straight answers with adequate documentation.
10. A GOOD FIT...with your personality, passion and skills. Any business requires long hours and hard work. You need to enjoy what you are doing in order to bring the dedication necessary to thrive!
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Businesses don't always list all their positive aspects. Buyers can't always find businesses at a reasonable price with all of these factors in place. Touchstone can help you determine how each opportunity fits the metrics above and your particular goals. Call Touchstone today!
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FEATURED LISTING
Privately-owned niche Manufacturer of Storage Sheds and Custom Garages. Great stand-alone or add-on business, with 11,000 sf building/real estate. Established as the low-cost, high-quality provider in its niche, the company's 23 year operating history is a testament to its ability to withstand and thrive in all types of economic cycles. Opportunity exists to expand the business to offer additional services to existing customers, which include individuals, businesses, schools and state/county municipalities. 2008 sales of $778,000 generated in excess of $141,000 in SDE. The business is offered for $250,000, without the real estate or $1,250,000 including the real estate.
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UPDATE ON TOUCHSTONE LISTINGS
Niche Manufacturing & Distribution Company - Consistent Sales, Industry Growth, Strong Seller Support, and RE Available
Fleet Truck/Van Repair & Maintenance Company - Full Service Facility and Mobile Service, Satisfied Customers, Great Cash Flow
Art, Jewelry & Home Decor Gallery - Great Retail Location and 17 year Operating History, Extensive Training & Support
Boulder Curves Franchise Resale - Wonderful Neighborhood Business, Growing Membership, Management & Staff in Place for Absentee or Owner/Operator
Denver Curves Franchise Resale - High Growth Redeveloping Denver Neighborhood, Growing Membership, New Lease Day Spa and Salon - Great Acquisition Opportunity for Less Than Value of Inventory & Equipment
For Detailed
Information See www.touchstonebiz.com
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