Articles

Sold Vending Machine Business for Full Price

Sold Business

Posted by Justin Sandridge, CBI on

Mike called us in August 2021 to help sell his 30-year-old vending business.  Mike had some work to do in preparing the business for sale.  He listened to our reasons and diligently worked to get proper documents we knew a seller would want to see. We took our time and made sure we presente ...
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New Listing: 20+ Year Tree Service Business for Sale

Business For Sale Business Information Buy a Business Buying a business For Buyers

Posted by Justin W. Sandridge, CBI on

List Price: $1,300,000 Revenue:  $1,600,000 Owner Benefit: $362,000 FFE Value: $450,000 (included in asking price) (more…) ...
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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!

Business For Sellers Sale Sell Sell a Business Selling Selling a business Sold Business

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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How we helped this Buyer Spring into Business Ownership

Buy a Business Buying a business For Buyers

Posted by Justin Sandridge, CBI on

Dave and his wife Laura were referred to us by their attorney to assist Dave with negotiations with his boss to buy their business. Dave has been in gymnastics since he was 3 years old and has been a coach all of his adult life. When his employer was thinking about selling their business, Dav ...
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Everything You Need to Know to Buy a Company

Business For Sale Buy a Business Buying a business For Buyers

Posted by Murphy Business Sales on

[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 ...
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What to Expect as a First-Time Business Buyer

Business For Sale Buy a Business Buying a business For Buyers

Posted by Murphy Business Sales on

  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 ...
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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 ...
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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 ...
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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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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, ...
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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

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 ...
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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.    ...
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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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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 ...
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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 ...
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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 ...
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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 ...
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