Articles – Serving Baltimore East, Maryland (MD)

Articles

We got this deal to SCOOT to Closing Quickly

For Sellers Sale Sold Business

Posted by on

Murphy Business Sales (Towson, MD) On September 14, 2020, Justin Sandridge, Certified Business Intermediary of Murphy Business Sales successfully brokered the sale of College Park, MD based College Scooters to a Virginia based owner. The former owners of College Scooters, Navid Mazloom, star ...
Read more

7 Simple Things to Consider When Planning To Sell Your Business

Business For Sellers Sell a Business Selling a business

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 ...
Read more

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 ...
Read more

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 ...
Read more

Ten Steps to Selling your Small Business

Business For Sellers Selling Selling a business Small Business

Posted by Justin W. Sandridge, Certified Business Intermediary on

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

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 ...
Read more

Selling a Niche Business you Never Knew Existed

Sale Sell Sell a Business Selling Selling a business Sold Business

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 ...
Read more

How we Turned Around All Around Gutters in Record Time

Sale Sell Sell a Business Selling Selling a business Small Business

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.    ...
Read more

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 ...
Read more

Risk Management Tracking Company for Sale

Business For Sale Buy a Business Buying a business For Buyers

Posted by Justin Sandridge, Business Broker on

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

Local Business Broker Earns Prestigious CBI Designation

General Business

Posted by Murphy Business & Financial Corporation on

Local Business Broker Earns Prestigious CBI Designation     FOR IMMEDIATE RELEASE:  June 19, 2019 Baltimore, Maryland –   The International Business Brokers Association (IBBA) is pleased to announce that Justin W. Sandridge of Murphy Business & Financial Corporation ...
Read more

Gutter Installation and Cleaning Business Priced for a FAST Sale

Business For Sale Buy a Business Buying a business For Buyers

Posted by Justin Sandridge, Business Broker on

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

New business for Sale will get your Tail Wagging

Business For Sale Buy a Business

Posted by Mark Carter, Business Broker on

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

Behavioral Health Practice Sold – March 22, 2019 – Severna Park, MD

Business Selling Selling a business Small Business

Posted by Justin W. Sandridge, Business Broker on

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

New Business for Sale: Established Jewelry & Watch Repair Business – Cash Flow $126,000

Business For Sale Business Information Buy a Business Buying a business

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 ...
Read more

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 ...
Read more

Buying a Business or Franchise in the New Year

Buy a Business

Posted by Justin W. Sandridge on

Is 2019 the time to buy a business or start a franchise?   There is nothing like the freedom of owning your own business and living a life with unlimited possibilities.  Did you always want to be a business owner but have no idea where to start or what products or services you cou ...
Read more

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 ...
Read more

New Business Broker Joins Murphy Business Sales in Baltimore

General Business

Posted by Murphy Business Sales - Baltimore East Office on

New Business Broker Joins the Murphy Business Sales Team in Baltimore Mark brings a unique experience to business brokering as a former Police Corporal with the Baltimore County Police Department where he served 28 years. His police training instilled honesty and integrity that he will now use in ...
Read more

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 ...
Read more