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Listing Broker Information
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Bob Forbes, CBI, M&AMI
President
Bob Forbes has over 18 years of experience in business transactions, as a business intermediary, owner, and private equity executive. His exceptional service to his clients is backed by his extensive experience in strategic and tactical marketing, negotiating complex business transactions, capital planning and placement, and business valuations.
Prior to forming Forbes Mergers & Acquisitions, Bob was an owner and key executive for 5 other businesses in the energy, information technology, and service sectors, where he orchestrated a number of M&A transactions. Prior to his entrepreneurial career, Bob did transaction work for 2 private equity groups. He has served on the board for 7 different companies. He presently serves on 2 boards where he provides strategic marketing and finance expertise.
Bob is a Certified Business Intermediary and has a degree in Finance and International Business from the University of Colorado at Denver. He is a member of the International Business Brokers Association, Association for Corporate Growth, and Colorado Association of Business Intermediaries, and he holds a Real Estate Broker’s License. He is an acclaimed business speaker and author of numerous published articles.
email: Bob@ForbesMA.com
phone: (303) 882-8868 / (303) 256-6768
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 Contact
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| Businesses
for Sale
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Listing
Information
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| *Colorado's Top Ranked Wedding and Event Center |
| Listing
ID: 38721191 |
Location:
Estes Park, CO
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Brief:
Awarded the Best in Colorado 2008 and 2009, this is a high profit, dream lifestyle, spectacular location, recession-proof business |
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| Listed
Price: |
N/A |
| Total
Sales: |
$1,150,000.00 |
| Seller's Discretionary
Earnings: |
$550,000.00 |
| Fixtures
Furniture, & Equipment: |
$1,250,000.00 (Included in Listing Price)
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| Real Estate: |
$4,200,000.00
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| Inventory: |
$0.00 |
| Financing / Terms: |
Bank financaing has been identified.
Seller financing is negotiatble. |
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Business
Information |
| Year Established: |
1908 |
| Number
of Employees: |
10 Full Time / 8 Part Time |
| Days and Hours of
Operation: |
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| Relocatable: |
No |
| Franchise Information: |
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| Facilities
/ Location: |
Classic Rocky Mountain charm best describes the facilities. Wood and stone craftsmanship create an air of casual elegance. The 12,000 sq.ft. 3-story main building includes wrap-around decks with spectacular views, 2 large banquet rooms, 2 bars, 6 guest rooms (including a master suite), a main kitchen, a satellite kitchen, a bridal changing room, and a children’s activity room. Picturesque outdoor facilities on the property include a natural amphitheater atop a rushing stream, a meadow wedding site carpeted in wild flowers, and a stable/outfitter. |
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Lease
Information
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| Lease Expiration Date: |
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| Option: |
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| Monthly Rent: |
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| Additional
Information |
| Reason for Selling: |
Health Issues |
| Business
Description: |
Forbes Mergers & Acquisitions is representing Colorado's top ranked event center awarded by the Nation's Leading Wedding Publication. This green-accredited business hosts events in a stunning setting with diverse facilities, surrounded by rugged wilderness, yet only a short distance from multiple metropolitan areas. Owners, staff and guests enjoy celebrating in a mountain setting of a lifetime, and vast recreation opportunities. Cash flows remain strong and growing despite current economy, due to industry niche, and evidenced by bookings well into 2011.
Acclaimed as one of the “Last Perfect Places in Colorado” by one of Denver's Premier Magazines, this spectacular historic site has attracted guests since 1908. Situated at 8,300 feet at the entrance to a Top 10 national park, the 13 acre site includes pine forest, aspen groves, wild flow meadows, abundant wild life, and one of the top wild trout streams in the U.S. Immediate access to trailheads, waterfalls, lakes, game trails, horse paths and vast recreational activities have attracted generations of repeat customers, and promise a new owner a lifestyle of blissful balance. This seemingly secluded mountain retreat is only a short distance from Denver, Boulder, and other major metropolitan areas. |
| Potential for Growth: |
There is tremendous potential for the right acquirer. A buyer can obtain and leverage very strong financials, exceptional reputation, a rare location, diverse facilities, and multiple avenues for additional growth, including expanded event types, catering services, lodging, and ancillary services (spa, recreation, etc.) |
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