News & Events
Carolina Springs Auto Spa University Sold By ENLIGN Broker Joe Vagnone
ENLIGN DEAL TEAM | 03/24/2018
Charlotte, NC – Joe Vagnone, an ENLIGN Business Broker based in Cornelius, is pleased to announce the successful sale of Carolina Springs Auto Spa University in Charlotte, NC, a locally owned and family run business providing all car wash and detailing services. Since 2000, CSAS has been producing the cleanest cars in the area, now offering limited lube services and comprehensive tiered membership options. Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers & Advisors facilitated this sale between the seller, Mr. Brett Hart, and Mr. Jamil Nassar, the buyer. The new owner knows the carwash business and is working diligently to become the area’s “carwash mogul.” Mr. Nassar purchased ProShine in the spring of 2017 and completed the purchase of CSAS on May 25, 2018. Mr. Nassar was short and sweet about this purchase, saying, “I am extremely pleased with this purchase. Let me know what is next!” Mr. Vagnone shared this sentiment about the transaction: "We are fortunate and pleased to have quite a few repeat customers and ongoing relationships that have lasted many years." Both businesses were acquired as a result of working with small business broker and advisor Joe Vagnone. Mr. Nassar has also been a guest on Mr. Vagnone’s weekly radio show; Local Biz Now on WSIC.
ENLIGN marketed the opportunity with the premier online business listing services, including ENLIGN's website www.enlign.com before the sale. Finding just the right buyer for this opportunity required a commitment from just the right team. ENLIGN, representing the seller, prepared a buyer's information packet, provided a broker's opinion of value, worked with the seller to determine an appropriate asking price, pre-qualified potential buyers, represented the seller in pre-offer discussions, assisted in the negotiation of the terms of the transaction, and worked with buyer's and seller's closing documents for client review and execution. "I tell clients, ‘You're not paying me just to find a willing buyer; you're really paying me to get the deal done, this deal is a perfect example of that.’" ENLIGN does not release financial details of transactions.
Keywords: Carolina Springs, Carolina Springs Auto Spa, Joe Vagnone, ENLIGN Business Brokers, Brett Hart, Jamil Nassar, Charlotte, NC, North Carolina, Radio show, WSIC About ENLIGN Business Brokers: ENLIGN Business Brokers, which has its headquarters in Raleigh, N.C., provides seller and buyer services, professional negotiation, and valuation and marketing services to small- and medium-business sellers and buyers in the Southeast and nationally through the ENLIGN Business Brokers Affiliate program and ENLIGN Professional Partners Program (EPPP). ENLIGN provides business owners wishing to sell their businesses with discrete, objective counsel and valuation advice, and 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 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 email@example.com or visit the Web site at www.enlign.com. For more information, visit https://enligncurrent.wpengine.com For a listing of available business opportunities, or more information on valuation services or buying / selling a business, visit www.ENLIGN.com