$Seller Financing Available
| Asking Price |
$180,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$297,012 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
$188,243* | Employees | N/A |
* included in the asking price
** not included in the asking price
Live and work in one of the most desirable towns in the Country. Boulder is #2 on Money Magazine s Best Places to Live 2008. This franchise business has experienced great growth for the past 4 yrs. Gross margins were 84% in 2008! It is an excellent value proposition which is especially well received in environmentally-conscious Boulder: Products and services that save time and money (while preserving the environment) for business, professional, small office/home office, university, and government customers. Demand has increased significantly in reaction to the current economy. The Boulder location is one of 2000 stores around the globe and the 20-year old franchise is constantly ranked at the top of Entrepreneur Magazine s Franchise 500 list. This store has finally turned the corner on profitability but the sellers have to move on for personal reasons call for more detail. 2005-2008 tax returns will verify trend and profitability. Why not obtain an established business with a proven track record for the same cost as starting from scratch? Management focus over the last few years has been on systems and creating efficiencies which will enable the organization to scale effectively and transfer ownership easily. With some proactive marketing and sales (which the sellers have never done) the business has the ability to double revenue from the existing location within 12-18 months. Everything needed for a 2nd location is also included in the sale. This company has a consistent, clean record with no insurance claims, legal problems, or regulatory issues. They have a healthy balance sheet and good historical financial performance with an established model for growth. Franchise benefits include preferential pricing from suppliers. Low staff requirements of 2-4 full-time, more sophisticated, employees per location. No certifications, licenses, or permits are required. 2.5 yrs left on 5-yr lease w/ option for renewal. General business experience is appropriate for new owner.
Attachments: Download additional information (PDF)
Facilities: The business is strategically located in the premier shopping mall in Boulder. The property serves a trade area of approximately 300,000 residents in 120,000 households. Boulder is both an affluent and highly educated market: av. household income for the trade area is $85,200 (with 16.6% topping the $100,000 mark), 66.2% of adults are white collar employees, and 50.5% have four or more years of college education. Added to those residents are the 29,000 students at the University of Colorado-Boulder. FFE for a 2nd location is also included in the sale.
Competition: This is NOT a multi-level marketing business. The Boulder store is part of an international franchise that is the first, largest, and fastest growing operator in the industry. In the last 5 years 3 competitors have come into the Boulder area market and all have disappeared within 2 years. Competitors are unable to match the technical expertise, commitment to quality control and customer satisfaction offered by this company. The nature of the product and service facilitates repeat and referral business.
Growth/Expansion: Infrastructure is in place to double sales from current location in 12 18 months with proactive sales and marketing. Heavily refined production systems have been put in place which will enable the organization to scale efficiently and transfer ownership quite seamlessly. Demand is growing in the current economic environment. The value proposition is especially well received in environmentally-conscious Boulder and the neighboring communities. Qualified personnel are readily available for expansion in this highly desirable place to live.
Seller Financing Available: Yes
Financing: Seller will finance a significant portion of transaction depending on buyer
Support/Training: Sellers are local and plan to remain in the area after ownership transfer. Training and support will be available as needed and sellers will finance a portion of the sale for a well qualified buyer creating self interest in the operation s continued success. There are 2 full-time employees covering the day to day operation of the Boulder location. Call for details.

Edward Schultz
720-495-3889
Schultz Limited
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