Stop the Presses! We Sold this Business without taking it to Market!
Business For Sellers Sale Sell Sell a Business Selling Selling a business Sold BusinessPosted by Justin W. Sandridge, CBI on
At the beginning of 2020, Caleb contacted us to explore his options for selling his business. He wanted his business to be sold by the summer of 2021 so he could relocate his family to Florida. Caleb’s mother owned the business before him and he had been working there since he was a teenager. He was now in his mid-40’s and he and his wife were ready for a change.
In the fall of 2020, Caleb engaged us to help find an acquirer for Tidewater Promotions. Through our professional network, we were introduced to Marked Promotions. Marked Promotions was very similar to Tidewater and presented a perfect addition to expand their footprint.
We were able to quickly negotiate a deal and get the business under contract without having to market it publicly. We assisted the buyer with finding SBA financing with our lending partners and get the deal closed by the time Caleb had been hoping.
The seller had the perfect exit and a perfect buyer to continue it into the future. Are you ready to do the same with us?
Justin Sandridge, Certified Business Intermediary
j.sandridge@murphybusiness.com
410-558-6365
Murphy Business Sales – Baltimore
100 West Road, Suite 300
Towson, MD 21204