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> Automotive > Business Services > Construction > Distribution/Wholesale
  > Gas Station/Car Wash > Manufacturing > Miscellaneous > Personal Services
  > Restaurants/Bars > Retail > Technology/Internet > Southern Utah Listings
         
AUTOMOTIVE LISTINGS      
Towing Company #2
List Price:
 
$527,000
 
This well established and profitable towing company was established in 2005. In addition to business from repair shops and yellow page advertising, the seller currently has agreements with several apartment complexes and businesses to tow and impound cars that violate the posted parking rules. This generates towing fees as well as storage fees which are always paid in cash at the time the vehicle is released. In addition, there is income from selling cars that are not claimed either in used car markets and auctions, or to scrap metal companies, which are paying continually increasing rates for scrap metal. They have 6 full time employees in addition to the owner, and are poised for continued growth in police rotations and club towing agreements. Seller financing is negotiable for a qualified buyer.
Gross Revenues:
$522,849

Adjusted Net Income:

$176,144
FF&E:
$75,000
Inventory:
NA
Real Estate:

Leased

Reason for Sale:

> Agent:  Dane Pearson  

Pursuing other opportunities

         
Auto Repair & Maintenance Shop
List Price:
 
$225,000
 

Since 2004, this conveniently located shop has offered “while-you-wait” lube, oil, and filter service. They also sell batteries and tires and perform many other maintenance and repair services. They have contracts in place with licensed recyclers to dispose of all environmentally sensitive materials, such as used oil, batteries, and tires. Current ownership is essentially absentee, but the current shop manager would be willing to stay on under new ownership. For a qualified buyer, seller financing is negotiable.

Gross Revenues:
$561,990

Adjusted Net Income:

$100,071
FF&E:
NA
Inventory:
$22,000
Real Estate:

Leased

Reason for Sale:

> Agent:  Dane Pearson  

Too busy with other businesses

         
 
       
RV Rentals & Sales
List Price:
 
$150,000
 
This business rents well-maintained Class A and Class C motor homes as well as travel trailers and toy haulers. They are located near highly popular national parks and recreational areas and market to a national customer base via the web, as well as to locals. They are selling their 8 URLs, which generate 80% of their $1.6 million annual sales. The sale also includes the well-regarded company name and the toll-free phone number. They are currently selling all of their motorhome inventory -- anything left will be available for the new owner to purchase. The owners are retiring this year and this is a terrific opportunity for someone who wants to get a business up and running quickly.
Gross Revenues:
NA

Adjusted Net Income:

NA
FF&E:
NA
Inventory:
NA
Real Estate:

Leased

Reason for Sale:

> Agent:  Scott Sceili  

Retirement

         
 
       
Lube, Oil & Auto Repair
List Price:
 
$130,000
 
Situated in Tooele County, this highly profitable shop offers lube and oil services as well as light automotive repairs and service. Its high traffic and high visibility location are ideal for its local community-based customers. Tooele County is one of the fastest growing communities and this is the only quick lube & oil change facility in its area. There is tremendous opportunity for growth by adding additional service personnel. The real estate is offered for sale for $250,000 in addition to the business.
Gross Revenues:
$600,790

Adjusted Net Income:

$160,487
FF&E:
$80,500
Inventory:
$400
Real Estate:

Owned

Reason for Sale:

> Agent:  Greg Heaton  

Other business to run

         
 
       
Towing Company #1
List Price:
 
$115,000
 
This well established towing company has numerous contracts, commercial accounts, and is on seven law enforcement agency rotations. The business is also certified by the State of Utah to impound cars for law enforcement violations and to hold auctions. Buyer must have a clean driving record, pass a background check and have good credit. This is an easy to run business with steady income. For a qualified buyer, seller will finance $50K.
Gross Revenues:
$156,546

Adjusted Net Income:

$73,261
FF&E:
$45,000
Inventory:
NA
Real Estate:

Leased

Reason for Sale:

> Agent:  Dane Pearson  

Pursuing other opportunities

         
 
       
  Transmission Service
List Price:
 
$900,000
 

** UNDER CONTRACT **

This full service facility specializes in rebuilding and repair of all makes of automatic and standard diesel transmissions for major brands of on-road and off-road trucks and equipment. They also provide general service and repairs on all makes of on-road and off-road equipment for motors and hydraulics, including all drive train repair and engine rebuilds or exchanges. About 80% of their business comes from business fleets, city and state fleets and company owned delivery trucks, garbage trucks, construction trucks and equipment, etc. About 20% of their business comes from "walk-in" small diesel, cars and over the road trucks. They have no local competitors except dealerships. Their transmission market is literally all over the United States, but they have a heavy concentration of business in Utah and Idaho. The business could be grown significantly with little or no effort to bring in additional business -- the owners have simply chosen to not grow any larger, and regularly turn away business. For a qualified buyer, seller will finance $500K.

Gross Revenues:
$1,108,610

Adjusted Net Income:

$323,789
FF&E:
$198,137
Inventory:
$240,300
Real Estate:

Leased

Reason for Sale:

> Agent:  Greg Heaton  

Retirement

         
 
       
       
  BUSINESS SERVICES LISTINGS      
           
  Advertising Agency
List Price:
 
$1,500,000
 

Established in 1994, this full service advertising agency provides innovative creative services, media, and printing. They have built an enviable national client base of national and regional brands, which they service from offices in the Intermountain West. Gross profit has risen every year since 2002, and is poised for continued growth. Long term, well established relationships with both employees and clients are key value drivers for The Company, and the principals are committed to remaining involved post transaction to insure these relationships stay in place.

Since 2005, they have been focusing on improving gross margins and increasing profitability. While revenues are subject to clients’ budgets and have declined over the last few years, The Company has improved its gross margins, from 37% in 2005 to 64% in 2007. Adjusted EBITDA growth has followed suit, increasing from 11% of sales in 2005 to 29% in 2007.

Gross Revenues:
$1,164,645

Adjusted Net Income:

$538,852
FF&E:
TBD
Inventory:
TBD
Real Estate:

Leased

 

Reason for Sale:

> Agent: Dane Pearson  

Other business interests

         
           
  Postal Center
List Price:
 
$125,000
 

This profitable business has been located in the same busy Southern Utah strip mall for 13 years. They are authorized to ship with all four of the major shippers, UPS, FedEx, DHL, and USPS. They also have extensive packaging abilities as well as 224 mailboxes with 24 hour access, 3 high speed copiers, including 1 color, and a Xerox laser printer. There are also two point-of-sale stations with the latest Postal Mate software. Seller financing is negotiable for a qualified buyer.

Gross Revenues:
$212,174

Adjusted Net Income:

$44,168
FF&E:
$30,000
Inventory:
$500
Real Estate:

Leased

 

Reason for Sale:

> Agent: Dane Pearson  

Retirement

         
           
         
  CONSTRUCTION LISTINGS        
Tile Contractor
List Price:
 
$950,000
 

This tile contractor has a 20-year history of success, working with builders and residential customers in Northern Utah. Most of their jobs are commercial and high-end residential new construction and remodels. They operate out of a 10,000 square foot facility and receive a substantial amount of referral business from local tile retailers. The company is currently working on some of Salt Lake’s largest commercial projects, and expects that work to continue into 2009, and possibly beyond. The real estate (building and land) are for sale in addition to the business, and this company is pre-approved for an SBA loan.

Gross Revenues:
$1,151,916

Adjusted Net Income:

$371,742
FF&E:
$20,000
Inventory:
NA
Real Estate:

Owned

Reason for Sale:

> Agent: Duane Bush  

Retirement

         
Commercial Glass Contractor
List Price:
 
$1,900,000
 

Specializing in commercial glass and glazing, this successful, growing company was established in 1997 and serves the Intermountain area. Their experienced team of journeyman glaziers, estimators and project management teams strive for quality of workmanship, resulting in excellence on all projects. They produce a variety of commercial glazing for Utah, California, Wyoming and other areas. They do all kinds of projects, from small, simple storefront jobs with only a couple of openings, to large complex curtain wall and storefront jobs with special conditions and glazing options, including venting windows, glass railings, etc.

This business has seen growth rates in excess of 34% for the last 3 years – 2007 showed 48% growth versus ’06. They are projected, in this sluggish economy, to still have a double-digit increase in ’08, of 11%.

With their combined experience and the willingness to train the up-and-coming glaziers the correct glazing methods, they have a team in place that can get the jobs done the right way, producing an excellent and safe product.

Gross Revenues:
$3,614,267

Adjusted Net Income:

$488,431
FF&E:
$75,000
Inventory:
NA
Real Estate:

Leased

Reason for Sale:

> Agent: Scott Wood  

Retirement

         
         
Landscape Construction
List Price:
 
$295,000
 
This 6 year-old landscape construction business provides services including excavation, rock walls, ponds, sprinklers, plantings and more to customers in Utah and Salt Lake Counties. They are known for good customer service as well as friendly, thorough crews. As competition in their market has thinned out recently, there are good opportunities now to build the customer base in new markets. For a qualified buyer, sellerfinancing is negotiable.
Gross Revenues:
$912,561

Adjusted Net Income:

$116,428
FF&E:
$107,000
Inventory:
$1,500
Real Estate:

Home based

Reason for Sale:

> Agent: Duane Bush
 

Pursue other opportunites

 
       
 
       
Painting Contractor
List Price:
 
$2,600,000
 

This highly profitable commercial and residential painting contractor has been growing steadily for 34 years, servicing the Salt Lake City area in addtion to Summit and Wasatch Counties. The current owners have effectively controlled overhead and maximized profitability, and regularly turn away business. There is ample room for growth. For a qualified buyer, seller will finance $400K.

Gross Revenues:
$2,585,889

Adjusted Net Income:

$949,131
FF&E:
TBD
Inventory:
N/A
Real Estate:

Home based

Reason for Sale:

> Agent: Garit Lawson
 

Retirement

 
       
 
       
 
       
 
DISTRIBUTION LISTINGS
       
 
Food Distributor
List Price:
 
$450,000
 

This full line produce distribution business has been serving Utah restaurants, grocery stores, schools, government, and other similar customers for over 80 years. They maintain an excellent reputation and have extensive long term customer relationships. The owner is retiring after over 22 years, and is moving on to other business interests. There is an excellent opportunity for the right buyer to bring new energy and vision to the business and achieve significant growth. The Seller will provide an effective and thorough training and transition after the purchase and will give a comprehensive non-compete agreement. For a qualified buyer, seller will finance $315K.

Gross Revenues:
$2,337,942

Adjusted Net Income:

$163,468
FF&E:
$120,089
Inventory:
$35,00
Real Estate:

Leased

 

Reason for Sale:

> Agent: Greg Heaton  

Retirement

           
         
           
         
  GAS STATION/CAR WASH/C-STORE LISTINGS        
Utah County Gas Station & Convenience Store
List Price:
 
$1,000,000
  This convenience store and gas station is located on a major artery. The facility was built in 2001 and is in very good condition. It is on a corner lot with very good ingress/egress. Visibility from all directions is good and it has excellent signage.
The gas is stored in two 12,000 gal tanks and there is also one 8,000 gal tank for diesel. This allows them to offer three grades of gas plus diesel. There are three two-sided pumps allowing six vehicles to fill-up at one time. The fuel delivery is monitored by a state of the art Vetter-Root system with electronic read-outs and computerized management reports. In 2004 this C-Store (property, improvements and equipment) appraised at $1,000,000. The seller is motivated enough to be willing to sell everything for the 2004 appraisal value.
Gross Revenues:
$2,362,213

Adjusted Net Income:

$162,611
FF&E:
$220,000
Inventory:
TBD
Real Estate:

$780,000

(incl. in asking price)

Reason for Sale:

> Agent:  Scott Sceili  

Too busy running other businesses

         
 
       
  Convenience Store with Gas Station & Carwash
List Price:
 
$1,700,000
 

** UNDER CONTRACT **

Open since January 2005 in a rural Utah community, this remodeled facility features a convenience store with a drive-up window, 4 self-service and 1 automatic carwash bays and 8 gas pumps. There is no better place in town to get a quick fill of gas, food/drinks/treats and your car washed, all at the same place.

The automatic car wash equipment is a new computer controlled automatic wash, which includes a water softener, triple foam, hot water soap, spot free rinse and dryer. The self-service bays are equipped with Chrome Craft 12 function equipment.

Their two fuel tanks hold 12,000 gallons of unleaded in one, and the other is split in two, with 8,000 gallons for diesel and 4,000 gallons for premium fuel. They are both monitored with a Veeder-Root system on a daily basis, giving management daily reports. Their establishment prides itself on cleanliness and friendliness. Their employees have worked hard to develop a friendly relationship with customers, and combined with a great location, Chevron products, homemade daily food specials, and excellent service, this is a GREAT business opportunity for the next generation. Seller financing is negotiable for a qualified buyer.

Gross Revenues:
$4,327,344

Adjusted Net Income:

$268,258
FF&E:
$312,000
Inventory:
$68,800
Real Estate:

Owned -- incl. in asking price

 

Reason for Sale:

> Agent: Scott Wood  

Pursue other opportunities

         
           
Gas Station and Convenience Store
List Price:
 
$130,000
 

This gas station and convenience store is located on a busy thoroughfare. The store was built in 1990 and has been very well maintained. The owners are involved in unrelated businesses out of state and do not actively operate the business. An active owner could improve the operations significantly. Additionally, the store is designed with space available for an operator to add a fast food business to the facility.

Gross Revenues:
$1,318,994

Adjusted Net Income:

$43,762
FF&E:
$50,000
Inventory:
$25,000
Real Estate:

Leased

 

Reason for Sale:

> Agent: Greg Heaton  

Other business interests

         
         
  MANUFACTURING LISTINGS        
Scrapbook Supply Designer/Manufacturer
List Price:
 
$1,300,000
 

This company has designed and manufactured scrapbooking supplies since 2003, creating designs that are truly one-of-kind. They have created over 1,000 SKUs and are currently selling around 600 to individual scrapbooking stores as well as some Big Box retailers. They introduce major new products two times a year and minor lines five times a year. The Company could increase sales by taking advantage of less expensive off-shore manufacturing and also by increasing their marketing efforts in order to penetrate additional big box stores. Their products are currently in about half of the independently-owned scrapbooking stores, and additional marketing could increase this presence as well. They could also apply their design expertise to a broader product line, like giftware and retail papers. The Sellers are willing to assist in the transition and terms are negotiable. This is great opportunity for someone to continue running a very profitable and well established business.

Gross Revenues:
$1,297,018

Adjusted Net Income:

$253,115
FF&E:
TBD
Inventory:

TBD

Real Estate:

Leased

 

Reason for Sale:

> Agent: Scott Wood  

Other business interests

         
           
  Garage Door Manufacturer/Distributor
List Price:
 
$3,300,000
 

For over 10 years, this company has manufactured, wholesaled and distributed garage doors of every kind for commercial and residential use. They are conveniently located off a major highway and their facility includes shop areas, manufacturing facilities, offices and showrooms. They have a great reputation for quality products, dependability and customer service.  Seller financing is negotiable for a qualified buyer.

Gross Revenues:
$3,021,341

Adjusted Net Income:

$847,236
FF&E:
TBD
Inventory:

TBD

Real Estate:

Leased

 

Reason for Sale:

> Agent: Dane Pearson  

Retirement

         
           
  Metal Fabrication & Machine Shop
List Price:
 
$1,950,000
 

This is a metal fabrication and machine shop business specializing in custom metal fabrication and machining per customer drawings and specifications. The seller is 86 years old and is ready to retire. The business has excellent equipment but the owner has done essentially no outside selling, hence the business is operating far below its capacity. The business and real estate are priced at the value of the tangible assets only and the seller will consider any reasonable offer on the sale of the business equipment and real estate. This is an excellent "turn around" opportunity.

Gross Revenues:
$414,926

Adjusted Net Income:

$83,284
FF&E:
$563,800
Inventory:

$5,000

Real Estate:

$1,450,000

(incl. in sale)

 

Reason for Sale:

> Agent: Greg Heaton  

Retirement

         
           
  High-End Architectural Mill
List Price:
 
$3,500,000
 

This architectural mill specializes in solid wood doors & moldings for builders, contractors, and other customers. As of March, 2008, business contracted to be completed in 2008 already totals over $1.1 million. This growth is sustained by the continued increases seen in the high end construction market serviced by the company, and their ongoing dominance of this market due to products and service that consistently outpace the competition. With industry trends and forecasts pointing towards more growth in the years ahead, they are well poised for acquisition by either a synergistic or financial buyer. The right buyer would benefit from additional areas of opportunity that lie in expanding geographical market coverage, dealership programs, and expanding the product line. The seller is willing to continue stay on in an active or advisory roll.

Gross Revenues:
$2,821,467

Adjusted Net Income:

$696,406
FF&E:
NA
Inventory:

$300,000

Real Estate:

Leased

 

Reason for Sale:

> Agent: Dane Pearson  

Capitalize growth

         
           
  Structural Steel Fabricator
List Price:
 
$2,000,000
 

This mid-sized structural steel fabricating company has developed a reputation for accurate, quality work by giving great attention to detail, from the original bid proposal to the engineering and detailing, fabrication, finishing and installation using their own erection crew. They have done work for many of the major general contractors in their region, establishing a base of return customers. The fabrication facility is in the process of becoming AISC certified, which will open up many more opportunities for the company. This business is pre-approved for SBA financing to a qualified buyer.

Gross Revenues:
$3,838,681

Net Income:

$614,784
FF&E:
$348,553
Inventory:
NA
Real Estate:

Leased

 

Reason for Sale:

> Agent: Scott Sceili  

Family issues

         
           
         
  MISCELLANEOUS LISTINGS        
  Multiplex Movie Theater
List Price:
 
$3,250,000
 

This six-screen theater hasover 1,000 seats in a 20,000+ square-foot building. It serves as the major first-run movie theater complex for its area. It is for sale, along with the real estate totalling just over 4 acres.

Gross Revenues:
$1,494,632

Adjusted Net Income:

$249,764
FF&E:
TBD
Inventory:
TBD
Real Estate:

$2,700,000 (incl. in price)

 

Reason for Sale:

> Agent: Garit Lawson  

Other business interests

         
           
         
  PERSONAL SERVICES LISTINGS        
Family Counseling Center
List Price:
 
$430,000
 

Since 2003, this counseling center has offered comprehensive mental health services for individuals of all ages, couples, families and groups. They have specialized in working with clients with unique and challenging life issues. From a humble start of 800 square feet to their current 3,200 square foot facility, they use clinically sound treatment strategies that will work together to access the clients needs, recommend treatment options, and create a treatment plan that will help the client reach their goals. They have 16 therapists specially trained and certified who address a variety of mental health issues. They accept most insurance plans, as well as Medicaid and Medicare. They work closely with crime victims and Vocational Rehabilitation programs offered by the State of Utah. They also have contracts with the Division of Child and Family Services to provide court ordered assessments for domestic violence, substance abuse, addictions and anger management. Seller financing is negotiable for a qualified buyer.

Gross Revenues:
$495,576

Net Income:

$107,644
FF&E:
TBD
Inventory:
NA
Real Estate:

Leased

Reason for Sale:

Retirement

   
> Agent: Scott Wood    
         
           
Laundromat
List Price:
 
$550,000
 

4th Street Laundry has been in the same location for over 35 years. In the last year, all new or newly refurbished front loading washers and dryers have been installed, as well as a row of top loading washers. The 3,321 square-foot laundromat was built in 1961 and is on a .24 acre lot. The boiler has been replaced, and all electrical, plumbing, and ductwork were recently upgraded. There is also a drop bundle laundry and dry cleaning service and ample off street parking.

Gross Revenues:
NA

Adjusted Net Income:

NA
FF&E:
TBD
Inventory:
NA
Real Estate:

For sale

Reason for Sale:

Pursuing other interests

   
> Agent: Dane Pearson    
         
           
Ski Rental
List Price:
 
$1,700,000
 

This ski and snowboard rental company specializes in top of the line ski equipment, and has a unique business model. Their expert team of technicians is trained in the art of equipment selection, custom boot fitting and knowledge of snow conditions to assure the best equipment for the skier s skill level. The Company has grown steadily every year, building a solid reputation for providing excellent, well-maintained up to date equipment and outstanding service. They enjoy good repeat customers and lots of referrals. A motivated new owner could expand their service to other Utah resorts, and beyond. SBA financing is available to a qualified buyer.

Gross Revenues:
$1,093,193

Net Income:

$487,559
FF&E:
$107,000
Inventory:
$8,900
Real Estate: