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EVERY BUY/SELL DEAL WILL DIE MULTIPLE TIMES BEFORE CLOSING
The day you buy or sell a business should be one of the greatest days of your life. For buyers, it is the culmination of a plan (or dream!) and process of taking control of their future. For sellers, it is the pinnacle of their years of investment of time/resources, taking risks and hard work. But getting to closing day is often like a roller coaster with both sides feeling exhilaration, depression and even questioning from time to time the wisdom of proceeding.
One of the biggest fears for sellers is whether they are being adequately compensated for what is for most their largest personal asset. A business broker can help mitigate this fear by providing a professional valuation and putting the business in front of multiple qualified buyers. Through the selling process, the market will provide the best context for what the true value is, both in terms of price and terms.
Buyers don't like surprises, and may question a Seller's motivation and/or honesty if due diligence materials are not immediately available. Sellers can sometimes feel the process of due diligence is too time consuming and become aggravated by the process. A business broker can help Sellers prepare for due diligence in advance of receiving the first Letter of Intent (LOI).
Both Buyers and Sellers need to consult with a business broker, financial and legal experts before entering into this process. The wrong time to ask what the tax or legal ramifications of a transaction are is at the closing table.
These issues are real. A Buy/Sell transaction is an emotionally charged event for both the Buyer and the Seller. Through careful planning and reliance on a professional business intermediary and team of advisors, you can minimize the highs and lows of the roller coaster process of getting to closing and make the day one of the greatest days of your life! |
Touchstone Business Listings:
"Green Tech" Solar and Roofing Company
- Be a Leader in the Green Revolution, Platform for Growth - Gross $1,800,000, Cash Flow $180,000, Asking Price $500,000This Company is uniquely positioned to capitalize on the expanding green technology market with a focus on energy savings. They are the only major Colorado installer of Building Integrated Photovoltaics, one of limited number of airsealing/insulation contractors who qualify for Xcel rebates, one of the most highly rated roofing crews, and differentiated by offering solar, airsealing/insulation, roofing and window services. Serving the Front range of Colorado, the company has expanded sales dramatically over the past two years. The time is right to jump into this on-trend opportunity. Unique Floral, Gift and Home Decor Retail Store
- Great Upscale Location, Repeat Customers - Gross $225,000, Asking Price $125,000Popular upscale flower, gift basket/gifts and home decor shop located in an upscale retail shopping area of Denver. It has some of the city's most prestigious individuals and corporations as its clients. Since its inception in 2004, The business set out to establish its shop as the premier boutique for flower arrangements, gift baskets and gift/decor items in Denver. The company differentiated itself from the competition by using unusual flowers and offering sophisticated arrangements that were artistic and tasteful. Their upscale and unique gift offerings have established the feel of a sophisticated boutique. Word of mouth, participation in an exclusive wire service and a stellar reputation, has enabled them to establish their brand. Growth potential exists in existing business model, as well expansion of wedding and event business. Local Metal Fabrication Die Casting Manufacturer - Possible Business/RE Fold-in with Existing Machine Shop - Gross $300,000, Cash Flow $60,000, Asking Price $175,000The company is a Denver-based die caster, who manufactures zinc and aluminum components. Castings are small (less than 2 lbs.) and are typically produced in short run quantities of less than 1,000 per order. Customers are primarily local. In over 60 years of existence, the Company has built a strong local reputation for quality service. The Company operates from a wholly-owned production and warehouse facility which is available in addition to the purchase price. This is an opportunity for a synergistic acquirer to add additional capabilities; a strategic combination with a firm already in the die casting or a related machine shop industry; or, an individual to acquire a small family-run business with a 63+ year operating history.
Neighborhood Restaurant
- Great Opportunity for Chef/Operator, 2010 Sales up 4%- Gross $780,000, Cash Flow $100,000, Asking Price $300,000Established neighborhood restaurant/bar located in renovated historic building in NE metro Denver area. Cozy layout with seating for 60 +/-, open for dinner only, catering service that may be expanded. Excellent food, award-winning recognition, full liquor license in place. Opened in 1997, current concept of fine dining with a family atmosphere is a successful stand alone model or could potentially be replicated in multiple locations. Loyal customer base is comprised of urban professionals and families from the greater Denver metro area and from surrounding suburbs. Low rent, clean books, sales have held-up well through this economic cycle. Perfect opportunity for young or established Chef with energy to take over a successful restaurant and add their touch. Full-Service HVAC Contractor - Possible Fold-in with Existing HVAC or Related Business - Gross $1,800,000, Cash Flow $250,000, Asking Price $450,000 Full-service, very profitable HVAC Company with increasing year-over-year sales. The company serves the Colorado front-range area. With high regard for their professionalism and competitive prices, the company serves commercial, residential new construction and repair/service. The company is easily relocatable or merged with an existing HVAC or related business.
Financial Services Industry Training/Research Company - Extensive Growth and Expansion Opportunities - Gross $480,000, Cash Flow $300,000, Purchaser to Submit Offer/Terms This company was founded with the mission to assist financial institutions develop a sustainable competitive advantage through service quality delivery and sales effectiveness. The firm specializes in research, training and consulting solutions that improve bottom-line sales and service quality results. The firm's products include a proven and proprietary process for inculcating cultural change, service quality research via customer interviews, on-site mystery shopping and web-based surveys, a comprehensive library of basic and advanced sales, service and leadership training programs, training needs assessment process, leadership skills inventory and incentive compensation consulting. Founded in 1995, the firm has a 15 year track record of producing results for financial institutions throughout North America. Home Automation/Electronics Design & Installation Co. - Turn-Around Opportunity -- Owner Financing - Gross $1,500,000, Purchaser to Submit Offer/Terms The company is a globally recognized custom digital electronics and control / systems integrator firm specializing in high- performance commercial board rooms, media projection systems, media rooms, lighting/climate control, communications, security, environmental/energy management, pre-wire and automation control systems for both residential and commercial applications. With a 23-year history, in addition to its stability/longevity, the company's strengths are its extensive scope of services, highly trained/certified staff, extensive customer base, impressive design studio and reputation as a leading design/integrator.Contact Touchstone for more information or to discuss your business acquisition goals! |
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FRANCHISE RESALE OPPORTUNITIES
CURVES - the #1 Women's Fitness Franchise
- Four Franchise Resale Opportunities - Buy 1, 2, 3 or all 4
- Asking Prices Range from $29,000 to $99,000
- Owner Financing Available with Down Payment as low as $5,000
Turnkey opportunities to own the #1 Women's fitness franchise. Denver and Boulder territory locations, all within a high traffic, growing upscale surrounding communities. Facilities are efficiently designed, in excellent condition, has 12+ stations, all upgrades with Smart equipment and computers. Other assets include Go Figure club management system and all necessary computers, stereo system, furniture and equipment. Favorable leases may be assigned or renegotiated. All territories have potential to expand membership within existing facilities. Active owner management and increased advertising would boost memberships. which range from 200 to over 400.
MY MUSIC SKOOL - Where Music is Kool!
- Franchise Resale Opportunity - Castle Rock
- New Franchise Territories Also Available
This is a new Colorado-based premiere music school franchise opportunity that offers a students a program with an emphasis on learning the joy of music performance. Franchises offer instruction for all instruments including piano, drum, guitar, strings, brass, wind, vocal performance, and composition. In addition to private lessons, franchises also offer a range of group classes, birthday parties, music camps, recitals, workshops, instruments rentals and retail sales.
The franchise was founded to serve the growing need to replace music programs eliminated by public schools, offer parents & students more convenient schedules and reinforce that music is an integral component in a person's total development. Instructors set a high standard of teaching that enable students to enjoy and benefit from music study throughout his/her life.
My Music Skool franchisees are not required to be musicians. Training will be provided on all the skills needed for the operation of the school. Depending on qualifications of franchisees, investment level and regional requirements, a franchisee can consider three different models of My Music Skool. If you'd like to find out more about My Music Skool, contact Touchstone to receive more information and a qualification questionnaire. |
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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.
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Did You Know...
Small Business is the Backbone of the US Economy
SMALL FIRMS:
· Represent 99.7 percent of all employer firms
· Employ just over half of all private sector employees
· Pay 44 percent of total U.S. private payroll
· Have generated 64 percent of net new jobs over the past 15 years
· Create more than half of the nonfarm private gross domestic product (GDP)
· Hire 40 percent of high tech workers (such as scientists, engineers, and computer programmers)
· Are 52 percent home-based and 2 percent franchises
· Made up 97.3 percent of all identified exporters and produced 30.2 percent of the known export value in FY 2007
· Produce 13 times more patents per employee than large patenting firms; these patents are twice as likely as large firm patents to be among the one percent most cited
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Work Opportunity Tax Credit (WOTC)
WOTC is a Federal tax credit incentive that the Congress provides to private-sector businesses for hiring individuals from 12 target groups who have consistently faced significant barriers to employment. The main objective of this program is to enable the targeted employees to gradually move from economic dependency into self-sufficiency as they earn a steady income and become contributing taxpayers, while the participating employers are compensated by being able to reduce their federal income tax liability. WOTC joins other workforce programs that help incentivize workplace diversity and facilitate access to good jobs for American workers. The WOTC provides eligible employers with a tax credit of up to 40% of the first $6,000 of first-year wages of a new employee if the employee is part of a "targeted group." An employee with a disability is one of the targeted groups for the WOTC provided the appropriate government agencies have certified the employee as disabled. The credit is available to the employer once the employee has worked for at least 120 hours or 90 days. Employers claim the credit using Form 5884, Work Opportunity Credit. |
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