Buchanan Assets — InsightsAnalysis on buying and holding durable small businesses.https://buchananassets.com/What grocery wine did to Colorado liquor storeshttps://buchananassets.com/insights/colorado-liquor-license-aftermath/https://buchananassets.com/insights/colorado-liquor-license-aftermath/Colorado let grocery stores sell wine in 2023. Far fewer liquor stores died than forecasters claimed, and survivors kept one category grocery cannot sell.Sat, 18 Jul 2026 00:00:00 GMTLaundromat economics after the coin slothttps://buchananassets.com/insights/last-cash-business/https://buchananassets.com/insights/last-cash-business/The card reader gets the attention, but a laundromat lives or dies on the utility bill, the empty payroll, and demand that holds when money is tight.Sat, 18 Jul 2026 00:00:00 GMTPrivate equity is rolling up the tradeshttps://buchananassets.com/insights/trades-rollup-economics/https://buchananassets.com/insights/trades-rollup-economics/PE closed a record 55 HVAC deals in 2024, paying near 18x for platforms while buying independents at 5x. What that arbitrage means for buyers.Sat, 18 Jul 2026 00:00:00 GMTDenver's deli problem is a national onehttps://buchananassets.com/insights/denver-deli-problem/https://buchananassets.com/insights/denver-deli-problem/Per resident, Denver has more classic delis than New York. The category is failing everywhere for a structural reason, and the survivors all share one workaround.Tue, 14 Jul 2026 00:00:00 GMTWinter Park's gondola bet and rental supplyhttps://buchananassets.com/insights/winter-park-gondola-and-short-term-rentals/https://buchananassets.com/insights/winter-park-gondola-and-short-term-rentals/A $2 billion master plan adds a two-mile town gondola and up to 2,950 new doors. The rental data vendors quote is unreliable; the new supply is a hard number.Fri, 10 Jul 2026 00:00:00 GMTCar wash valuations fell from 12-16x to near 5xhttps://buchananassets.com/insights/car-wash-economics-water-and-technology/https://buchananassets.com/insights/car-wash-economics-water-and-technology/Platform car wash multiples fell from 12-16x EBITDA to near 5x in four years while the industry stayed fragmented. The edge moved from buying to operating.Wed, 24 Jun 2026 00:00:00 GMTWhat hail and insurance do to Colorado roofinghttps://buchananassets.com/insights/colorado-roofing-hail-and-insurance/https://buchananassets.com/insights/colorado-roofing-hail-and-insurance/Hail drives roughly half of what Front Range homeowners pay for insurance, the coverage is quietly shifting risk back onto owners, and a new state law is repricing roofs. That reshapes which roofing business is worth owning.Wed, 06 May 2026 00:00:00 GMTThe home battery stopped being a toyhttps://buchananassets.com/insights/home-battery-technology-shift/https://buchananassets.com/insights/home-battery-technology-shift/US storage hit a record 57.6 GWh in 2025 and nearly half of new solar now ships with a battery. The durable money is in the installer who sizes and services it.Wed, 22 Apr 2026 00:00:00 GMT