Winner, Winner Chicken Wing Dinner! How we helped John Sell his Wings & Subs Business in Baltimore
Justin Sandridge, Business Broker
In May 2018, John engaged Murphy Business Sales to help him sell his Wings and Subs Business in West Baltimore. John previously purchased the business in 2011 when he got out of college. John is young and was ready to try something new and branch out.
We were able to get the business under a purchase agreement by the beginning of July and we closed on the business on July 31, 2018. We were able to sell his business transfered quickly because John had a business that was cash flowing well, he was resonable with the price and he was offering extremly generious financing. We allowed the buyer to work in the store for a few weeks to verify the sales numbers which gave the buyer a level of comfort to move forward with the purchase.
Murphy Business Sales – Balimore closed 5 businesses so far in 2018 with a combined total of over 1.3 million dollars. We can sell small businesses quickly by being transparent and honest with buyers, offering the business at reasonable with the price suppored by market comparables, good books and records, and the offering financing with competitive terms to a buyer. If you satisfy this criterion, we will have a good chance we can help you sell your business quickly as well.
To help you discover if selling your business is the best option for you, give us a call at 410-558-6365
