In August 2021, Jim contact us to help sell his Huntington Learning Franchise located in Newark, Delaware. Jim was ready to retire and had his business listed with another business broker for almost two years before he engaged us. We helped position the business to be attractive to buyers.
READ MORE »List Price: $1,300,000 Revenue: $1,600,000 Owner Benefit: $362,000 FFE Value: $450,000 (included in asking price) (more…)
READ MORE »[caption id="attachment_284" align="alignnone" width="600"] Business for Sale[/caption] It’s no small decision to buy a company. If you’re an entrepreneur who’s looking for a new opportunity but don’t want to start a business from scratch, purchasing an established business is the way to
READ MORE »If you’re looking to become an entrepreneur, the first decision you have is whether to buy a business or start a new one. There are many advantages to buying a business, including a built-in customer base, operations process, and knowledgeable employees. However, being a first-tim
READ MORE »List Price $400,000 The company provides a specialized service for banks, lenders and leasing companies. Only a few competitors nationwide! Discretionary cash flow over $170,000! This opportunity is approved for SBA Financing with an $80,000 down payment. The owner works in the business
READ MORE »New Business For Sale in Baltimore County, Maryland: Gutter Installation and Cleaning Business The owner is ready to retire and wants this business sold before the end of summer. The seller will finance the sale with $35,000 down for 5 years to a qualified buyer. Owner subcontracts all of the
READ MORE »Pet Grooming Business for Sale Listing Price: $100,000 Down Payment: $30,000 2018 Discretionary Earnings: $50,000 2018 Revenue: $224,000 Business Description: This business was established in 1991 and has been operated by the current owner since 20
READ MORE »New Business for Sale: Established Jewelry & Watch Repair Business Listing Price: $165,000 Down Payment: $115,000 2018 Discretionary Earnings: $126,000 2018 Revenue: $488,000 Business Description: This watch and jewelry repair business was es
READ MORE »Prospective business buyers often make the terrible mistake of being overzealous when talking with a seller for the first time. I get it; you’re excited. Perhaps you have spent a ton of time looking at listings and do not want to waste any time on potential businesses that fail to meet your cr
READ MORE »Most business owners seek a valuation for their company when there’s an immediate need — they’re ready to sell or raise capital now, or they have a shareholder that is being bought out or gifting equity to family. But valuations can be useful whether a deal is imminent or not. We
READ MORE »If I sell the business now, will I get enough money to satisfy my needs? Will I really improve my personal financial position, or should I wait a little bit longer? Define priorities: Do I want an all-cash deal, so that I can wash my hands and be done with the business? (This will generally resu
READ MORE »Two recent discussions are worth considering when thinking of about selling your business. One gentleman wants to sell his business to a couple employees in a couple of years and the other wants to sell in 10 years. TWO YEAR GOAL: A moderately successful business owner and I discussed having a
READ MORE »Anyone selling a business should be considering the elements of the sales process. Business brokers are invaluable in each of these considerations: Think It Through – Know What You Want Do you want to retire completely or continue to have a hand or profit in the business? Do you want to move
READ MORE »An established business has much to offer a prospective buyer. A proven product or service exists, as well as a customer base. Typically, there are experienced employees and managers in place (and many choose to remain with the company after the sale is complete). There is a cash flow from the first
READ MORE »Today we are offering a wish list for a typical seller of a small business. Entrepreneurs who are selling their companies, as well as those looking to purchase, generally agree on what would make the process more seamless overall. What the seller wants: A qualified buyer – This not on
READ MORE »We recently presented a wish list for a typical seller of a small business. Now, it’s the buyer’s turn. Entrepreneurs – whether they are buyers or sellers – generally agree on several factors that make the business transfer process more seamless overall. A buyer wants: A
READ MORE »When you begin to negotiate the sale of the business, you will be much better off if you have developed a personal plan and have prioritized which items in the deal are the most important to you and which items you can compromise on and still accomplish your objectives. Prioritize which items are
READ MORE »From time to time, I am in the unfortunate position of telling some 50-year old business owner that they “just don’t have any goodwill”. “But we have been around forever, or our name is like a household word in the community, or we literally have thousands of customers&r
READ MORE »Here are some of the obvious, and not so obvious, steps you can take as you get ready to sell your business: Clean the premises Organize the books and records Deal with any customer/vendor/employee issues prior to the sale Try to increase revenues without sacrificing margin (increasing revenue
READ MORE »You’ve spent a lifetime building up your business. Whether you have always planned to move on or are selling your business due to the continuing pressures exerted by the many recent economic downturns, you will be looking to achieve the greatest profit attainable for your efforts. That is why
READ MORE »The biggest financial transaction in a private business owner’s life is likely the sale of his or her business. Although many transfers are predetermined, others result from unplanned events, which is why it is essential for business owners to have an exit strategy. Operate your business as i
READ MORE »Ho-hum, you may be thinking. Or, boring. Maybe even, when can I possibly fit this into my hectic week? As an entrepreneur, you are an extremely busy individual who probably shoots from the hip more often than not. So, do you really need to take the time and effort to put a business plan in writing?
READ MORE »The growth or lack of growth in the economy is a current debate. So, if you are one of the Baby Boomers who weathered the 2008 economic crisis and still in business, let’s consider your situation. You are labeled a “Baby Boomer” because you are now between the mid 50’s and t
READ MORE »When you’re hoping to sell your business there are a number of things to be concerned about. There are a few ways you can get a step-up on your buyer and anticipate their moves before they have thought them up themselves. If you want to swim with the piranhas you’re going to have to nip
READ MORE »Selling a business is a complicated and an intricate procedure. However, business brokers play a fundamental role in getting along the process to make it a successful deal. There are several factors and cautions involved that should to be considered before stepping out to sell your business. Findin
READ MORE »The buzz is that if you are a Baby Boomer and you want to sell your business in the next few years, then you are in the majority. You are not the only Baby Boomer and will possibly have your business compete against many more similar businesses in both model and industry. In order to be well-prepare
READ MORE »I have very fond memories of my first “real” job. After all, this was my initial step into the real world: no longer did I receive cash for a few hours of watching someone’s children; I now had my hands on an official paycheck – complete with my social security number, full a
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