 New Listing: Relocate or Consolidate this Growing & Profitable HVAC Company
Full-service, profitable HVAC Company with increasing sales. The company serves the Colorado front-range area. With high regard for their professionalism and competitive prices, the company serves residential new construction, commercial and repair/service. The company is easily relocatable or merged with an existing business. The business operates out of a carriage house on residential property owned by the Seller. There is no lease, and the business is easily relocatable. Vehicles included in the purchase price are 1 Chevy, 1 Ford and 2 GMC Vans. There is significant potential for growth as residential new home construction recovers, expansion of geography served and developing sales/marketing channels. Additional untapped growth opportunities include retrofits, service and duct cleaning.
Year Established: 2004 2009 Sales: $1,600,000 2010 Forecasted Sales: $1,800,000+
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Marketing 101: Push Versus Pull Marketing Tactics
Types of marketing activities generally fall into one of two
categories: push marketing and pull marketing. To marketers, it's as basic as
breathing in and out. If you think of your business as a physical (or virtual)
doorway, and just on the other side of the doorway is your product or service.
And, unknowing about the existence of your doorway, or reluctant to enter the
doorway, are potential prospects. How do you get them to come in...with
marketing! Think of marketing as a type of force that moves prospects to
action. You can choose to pull the prospect through the door or you can push
them through the door. What is push marketing?Push marketing is where you develop advertising and promotional strategies geared
toward your sales and distribution channels to entice them to promote your
product. Consumers rarely see this type of marketing when it is directed to
your sales force or distributors. It might include wholesale discounts,
kickbacks, bonuses, and other types of support. It's all designed push
prospects through your channels to the door. Referral and word of mouth
marketing are other types of push marketing. When companies encourage happy
customers to spread the word to their friends and families, that's a type of
push marketing. You can also
create a "buzz" with press releases, articles and participating in blogs -
that's another type of push marketing. What is pull marketing?Pull marketing is where you develop advertising and promotional strategies that
are meant to entice prospects to buy your product or service directly. Some
classic examples are "half off!" or "bring in this coupon to
save 25%" or "buy one get one free", etc. With pull marketing, you are trying to
create a sense of increased time-limited value so that the customer will come
through the door to buy. Why you need both.Most companies need to employ both strategies to create a great marketing mix
that powerfully entices customers to come through the door. Some customers
react to one type more than another. For example, bargain hunters might react
to pull marketing tactics, while socially-aware buyers might respond to a push
marketing campaign. Or, if you have a product that requires a lot of convincing
to buy, a "double barreled" approach might help to ensure action. Some companies rely too much only on push marketing. The best companies utilize a
multi-channel approach that incorporates both push and pull marketing. In the old days, marketing options were
limited to print media, television, radio and direct mail, which functioned to
support sales and develop leads. Now
days, email blasts, blogs, Internet advertising, web sites and all forms of
social media are vastly less expensive than those traditional methods. When you review your annual marketing plan, make sure that you
are scheduling marketing 7 days a week, 52 weeks a year, utilizing both push
marketing and pull marketing throughout the entire year. Identify your
marketing efforts as push marketing or pull marketing. You'll see that they overlap
sometimes and always support each other. Make sure that 365 days a year you are
doing both! It will be worth it! Touchstone can help you review your marketing tactics and develop strategies that makes sense
for you! Contact our office today at 303-278-7501 to schedule a meeting or
visit www.touchstonebiz.com for more
information on Touchstone's services. |
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BizbuySell.com Reports Transactions Up for Second Quarter 2010, But...
2010-Q2 National Data
BizBuySell.com has
released its latest economic data for the Second Quarter of 2010. The
company's data, which tracks trends in the business-for-sale
marketplace, suggests that business-for-sale market is considerably
more active than last year at the same time. The number of closed transactions reported to
BizBuySell.com in Second Quarter 2010 rose significantly, 6.3 percent,
as compared with the same time period in 2009 -- from 1,040
transactions to 1,106. This is good news, but in Second
Quarter 2008, business brokers reported 2,098 closed transactions. In
other words, relative to two years ago, the market is down 47%. Things
are looking up, but we are still down considerably compared to prior
years. In addition to an increase in completed deals,
BizBuySell.com notes slight changes in the metrics that are used to
value companies. Compared to the same quarter last year, revenue
multiples declined while cash flow multiples increased, suggesting that
sellers with cash flow positive businesses may be seeing more qualified
buyers bidding to buy companies. This puts upward pressure on business
sale prices, which is reflected in the higher cash flow multiples.
Sellers are clearly valuing cash flow more than revenue, as evidenced
by the decline in revenue multiples. To be specific, revenue multiples on reported closed
transactions in Second Quarter 2010 declined from 0.68 to 0.66 compared
against Q209, representing a 2.3% decrease. In contrast, cash flow
multiples increased slightly from Second Quarter 2009's 2.59 to Second
Quarter 2010's 2.81, representing an 8.5% increase. The revenue and
cash flow multiples are calculated by dividing the selling price of the
business by its reported annual revenue or cash flow. Contact Touchstone for a specific evaluation of your situation, whether buying or selling a business. ontact our office today at 303-278-7501 to schedule a meeting or
visit www.touchstonebiz.com for more
information on Touchstone's services. |
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Touchstone Email Newsletter
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
/or 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.comTouchstone Business Advisors is a boutique business brokerage advisory
firm focused on serving the needs of business buyers and sellers. Our
firm is committed to providing individuals and companies with high quality business
acquisition, business transition, and advisory services. We provide
clients with personal attention from start to finish and are
entirely focused on achieving our client's objectives. For more
information please contact Charles Spickert or Rich Bevelhimer. |
UPDATE ON TOUCHSTONE LISTINGS
MANUFACTURING
Niche Manufacturing & Distribution Company - 23 year Operating History, Industry Growth, Strong Seller Support, and RE Available
Niche Manufacturer Construction Company - High Quality, Low Cost Storage Shed Manufacturer
Local Job Shop Die Casting Manufacturer - 63 year Operating History, RE Available
AUTOMOTIVE
Fleet Truck/Van Repair & Maintenance Company - Full Service Facility and Mobile Service, Satisfied Customers, Great Cash Flow
ELECTRONICS
Residential and Commercial Systems Integrator/Installer - 23 Year Operating History, Wide Scope of Services, Highly Trained Staff and Extensive Customer Base
FITNESS
Personal Training Studio/Fitness Club - Turn-key Opportunity to Acquire Expertly Designed Boutique Personal Training Studio/Membership Fitness Club
RESTAURANT
Established Hip Profitable Neighborhood Italian Restaurant - Great Location - Profitable Operating History
FRANCHISE RESALES
Curves
North Boulder - Great Neighborhood Location with Absentee Owner, Who Will Provide Financing
2 Central Denver Locations - Loyal Customer Base, Growing Membership, Low Rents
Northeast Denver - High Growth Redeveloping Denver Neighborhood, Growing Membership, New Lease
For Detailed Information See www.touchstonebiz.com
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