I am excited to announce the sale of Easy Method Driving School (Ellicott City, MD) to Coastline Academy (California) on May 31, 2022. Robert initially contact us to help sell Easy Method Driving School in May 2020. COVID challenges made this not the ideal time to sell. We advised the own
READ MORE »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 »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
READ MORE »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
READ MORE »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
READ MORE »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
READ MORE »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
READ MORE »If, after evaluating your options, you decide that selling your business to a third party is the right exit strategy for you, you will quickly experience that it is a very emotional and stressful process. The steps to selling a company are not black-and-white, nor clearly defined. The lines blur,
READ MORE »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
READ MORE »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
READ MORE »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.
READ MORE »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
READ MORE »Business Sold March 22, 2019: Bay Area Behavioral Health We were referred to the owner of Bay Area Behavioral Health, John Driscoll, by his accountant, Allen Alperstein, in August 2018. We conducted a valuation on the business and was able to quickly get the business on the mark
READ MORE »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
READ MORE »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
READ MORE »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
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 »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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