Posted by Justin W. Sandridge, Certified Business Intermediary on
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. ...
[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 ...
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 ...
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 ...
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 ...
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 ...
Posted by Justin W. Sandridge - Murphy Business Sales on
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 ...
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 ...
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Murphy Business Broker – Shelly Stansfield on
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 ...
Posted by Business Broker Russell Cohen | Murphy Business & Financial Corporation LLC on
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Dick Halterman Murphy Business – Shenandoah Valley, Virginia on
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 ...
Posted by Murphy Business & Financial Corporation LLC on
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 ...
Posted by Business Broker Russell Cohen | Murphy Business & Financial Corporation LLC on
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 ...