Thomas Seaman
Telluride, CO (USA)
Role(s):
Confidential
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Startup
Location:
Telluride
Industry:
Retail/Clothing
Year Founded:
2004
Number Employees:
INVALID
Description:
Seeking $150,000. Acquiring a profitable company (Subchapter S)that is the dominant regional provider of specialty services to the construction trades in a high growth resort market. Also has excellent retail location. Sales in 2006 were approximately $800,000; company reported modest loss due to costs related to expansion. Sales in 2007 were $1.1 million; adjusted annual profit $95,000. Projected sales in 2008 over $2 million. Purchase price $175,000. Quick closing needed due to personal and health problems of seller.