In August 2021, the Seller's accountant called me to attend a meeting with his client, who was considering selling his business.
When I met the seller, I learned that he had been in the dry cleaning business for 37 years and was ready to retire and move to his beach house full-time.
Afte ...
Tracy and John contacted me in 2021 to explore the possibility of selling their business. John and Tracy started A-AAA Tree Service in 2000 with no experience in the industry. After more than 20 years of owning a successful company, they decided to sell and reap the benefits of years of hard ...
Posted by Justin W. Sandridge, Certified Business Intermediary on
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 ...
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. ...
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 ...
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 ...
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 ...
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 ...
[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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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 ...
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 ...
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. ...
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 ...
