Listing Number: 0873-320644
This is a very high margin business that has established itself as a Colorado favorite. With low owner involvement and high demand at incredible margins, this is a great investment opportunity. This business opened in the 4th quarter of 2019 and quickly generated $252k of cash flow in the first three months of operation. In 2020 the business continued to grow and generated $704k of cash flow even while being closed March through May and under capacity restrictions for the remainder of the year due to COVID. Through four months of 2021 the revenue and profits are still increasing YOY and the business is expected to generate over $1.5M in profits this year. The owner is willing to offer 50% seller financing with a 50% down payment.
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- Price: $3,950,000
- Down Payment: $2,000,000
- Sellers Discretionary Earnings: $1,534,837
- Total Sales: $1,783,091
- Location: Denver County, Colorado
- Inventory: $0
- FF&E: $59,000
- Employees: 2
- Reason for Selling: Other opportunity
- Category: Recreation