Category: Sell a Business

How we helped Sell a National Tutoring Franchise

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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.  ...
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Making a Plan to Exit Your Business

For Sellers Sell a Business Selling a business

Posted by Justin W Sandridge on

Many business owners plan how they are going to exit their business from the moment they first start building it. With an entrepreneurial mindset, business owners invest time and energy into building their business with a plan of selling their business to provide for retirement or their next bus ...
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Stop the Presses! We Sold this Business without taking it to Market!

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Posted 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 ...
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7 Simple Things to Consider When Planning To Sell Your Business

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Posted by Justin W. Sandridge, CBI on

While operating a small business, most business owners like to show as little profit as possible to minimize taxes. Wanting to avoid taxes is understandable; however, it can cause concern when the time comes to sell the business. The idea is that if you reduce the risk for a buyer, this will ...
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What is Owner Discretionary Cash Flow (ODCF)?

Sell Sell a Business Selling Selling a business Valuation

Posted by Justin W. Sandridge on

When you decide to sell your business, the most important consideration in determining its market value is verifiable cash flow.   Most small business buyers are leaving corporate America and their main goal is to replace the income stream they lost from their previous jobs.  A small business a ...
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Can I sell my small business during an economic downturn?

For Sellers Sell Sell a Business Selling Selling a business Small Business

Posted by Justin W. Sandridge on

We knew this would happen eventually, and here we are - the bear market has arrived. Over the past few weeks, many small business owners have had to close operations, and unfortunately, for many, it will be for good. If your business survives, this will serve as a reminder of the importance of keep ...
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Don’t be like Sam: Positioning Your Business to Sell

For Sellers Sell Sell a Business Selling Selling a business Valuation

Posted by Justin W. Sandridge, CBI on

By: Justin Sandridge, Certified Business Intermediary Murphy Business Sales - Baltimore I often receive calls from small business owners who are finally ready to sell their companies after decades of hard work and who want my help to do it. Unfortunately, for every seller who owns a profit ...
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Selling a Niche Business you Never Knew Existed

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Posted by on

Business Sold: Lease Tracking Services November 8, 2019 Towson, Maryland I bet you have never heard of Lease Tracking Services. I also bet you didn’t even know there was a demand for their services. Lease Tracking Services (LTS) monitors assets for finance companies to verify the asset ...
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How we Turned Around All Around Gutters in Record Time

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Posted by Justin Sandridge on

All Around Gutters: Sold August 8, 2019 We are excited to announce that we helped All Around Gutters sell to Herman Management in less than 3 months. Patrick Smyth came to us in June 2019 to sell his business.  He was ready to retire and wanted the business sold by the end of the summer.    ...
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ServiceMaster Franchise Owners Make a Clean Sweep and Sell their Business

For Sellers Sell Sell a Business Selling Selling a business Small Business

Posted by Justin Sandridge on

We are excited to announce that we helped Sell ServiceMaster of Harford County, Maryland on July 31, 2019 Libby and Jimmy took a chance and left their corporate jobs in New York City over 30 years ago to start this franchise in Maryland. Today they passed the torch on to Michael and Mary to cont ...
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Bumble Junk is BUZZING with a New Owner – Sold January 22, 2019

For Sellers General Business Sell Sell a Business Selling Selling a business

Posted by Justin Sandridge, Business Broker on

Murphy Business Sales - Baltimore is excited to announce the successful sale of Bumble Junk on January 22, 2019.  The owner, Ryan Sentz, engaged Justin Sandridge of Murphy Business Sales to assist with valuing his business in August 2017.  Ryan had a successful business model that was i ...
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Murphy Business Sales helped a Travel Agency Owner Set Sail on their Permanent Vacation

Sell a Business

Posted by Justin W. Sandridge, Business Broker on

Murphy Business Sales helped a Travel Agency Owner Set Sail on their Permanent Vacation! Murphy Business Sales - Baltimore Office closed a sale on a Baltimore based travel agency on November 1, 2018.  Transactions in this industry are typically earned-out over a period based on the comp ...
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Winner, Winner Chicken Wing Dinner! How we helped John Sell his Wings & Subs Business in Baltimore

For Sellers Sell Sell a Business Selling Selling a business

Posted by Justin Sandridge, Business Broker on

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 th ...
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How we Massaged this Deal to Sell this Salon and Spa Business

For Sellers Sell Sell a Business Selling Selling a business

Posted by Justin Sandridge on

  In March 2018 the Owner of Indulge Salon and Spa contact me to help her sell her business.  She had new plans for her future and needed to move on from her business.  The seller, Wendy, also owned a Curves Gym Franchise and was ready to sell both.  Wendy was ready to sell ...
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Your First Conversation with the Seller Making the Most of It

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Posted by Richard Parker – Diomo Corporation on

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 ...
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WHY YOU NEED A VALUATION

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Posted by Murphy Business Broker – Shelly Stansfield on

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 ...
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