“This transaction was complex due to factors such as outstanding gift cards and pre-paid services. Additionally, growth in the area had impacted rents and the leases took additional time.” shared Jeff Snell, ENLIGN’s founder and Principal Broker.
The new owners Jennifer and Jonathon Commons, will operate the business.
ENLIGN does not typically release financial details of transactions.
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ENLIGN Advisors, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC and Nashville, TN, provides seller and buyer services, professional negotiation, and valuation and marketing services to small and medium business sellers and buyers. ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice implementing an innovative, comprehensive approach to marketing businesses for sale. Complete confidentiality is offered throughout the process. ENLIGN, which is a member of the International Business Brokers Association (IBBA), M&A Source (MAS) and the American Business Brokers Association (ABBA), requires that its agents and affiliates have owned a successful business of their own, hold an advanced degree and be members of IBBA working towards or having completed the Certified Business Intermediary (CBI) accreditation. For more information about buying or selling a business or becoming an ENLIGN affiliate broker, contact Jeff Snell at firstname.lastname@example.org or visit the Web site at www.enlign.com.