A Gallup Poll has shown that 65% on men over age 21 would like to own their own business.
If you would like to Buy a Colorado Business please call or email us. We will send you a comprehensive list of 5-10 businesses that we have for sale. We will immediately email you sales packets for any business you want.
The sales packets all include 5 years of tax returns, CPA financials, (income statements and balance sheets), aging reports of accounts receivable and accounts payables, detailed assets lists, equipment lists, and a 40 minute long video detailing the entire operation and interview with the owner. These videos are what set us apart from other sales packets!
The motivations for owning a business are simple: job security, control of your own destiny, financial independence, more freedom, tax breaks, potentially more income, and the ability to build equity in something that you can someday sell for a lump sum or take a payout for throughout retirement from key employees.
for many reasons, and the main one is, it has fallen on bad times or is in a distressed state. However, there are lots of good reasons why healthy businesses are selling every day.
These include: illness, retirement, disputes among partners, relocation, desire to upgrade or downgrade, or the owner is no longer interested. Often, the owner just wants a lifestyle change after 10-20 years of doing the same thing. This is quite typical.
An established business has a regular clientele, a popular product or service, and has a good location(s). A solid business is nearly always very transferable, with the proper training and an effective introduction to it’s existing customers and suppliers.
FACT: 57% of startup businesses fail within 3 years. This statistic validates the concept of buying an established business with good reputation, reliable employees, and products or services already in demand – with good growth potential.
Almost always, what the new owner brings to a business is new enthusiasm that the current owner lacked because ten or twenty years in the business has left him burnt-out – he wants a change. What I do as a “business intermediary” is to educate the buyer, negotiate for him, save him hassles – as well as money, present the facts, and unite the buyer and seller. Your job is to communicate, ask the best questions and to honestly state your goals.