News & Events
ENLIGN Business Brokers Sells Client Firm D'Lites Ice Cream
ENLIGN DEAL TEAM | 03/27/2006
ENLIGN Business Brokers has acted as intermediary in the sale of D'Lites Ice Cream of Cary to Sharon Sullivan of Dip & Serve Ice Cream Parlor, Inc. ENLIGN, representing the seller Azad Suruz, prepared a buyers information packet, performed a business valuation for the purpose of establishing an appropriate asking price, listed the business online, pre-qualified potential buyers, represented the sellers in pre-offer discussions regarding the business, assisted in the negotiation of the terms of the transaction, drafted closing documents for client review, and performed the closing which took place March 24th, 2006.
The company was marketed for nine months (the average time to sell is nine to twelve).
Enlign marketed the opportunity with the seven top online business listing services and also listed on the companies own website, www.enlign.com. Some of the reasons business owners state that they chose to sell their businesses is realizing that the ideal exit strategy in a business sale is at or near the companies highest performance levels and/or when additional talent or skill sets are required which are not readily available internally. Some other sellers have offered burn out, increased competition, decreased margins, difficulty in marketing, administrative costs, taxation, family requirements, relocation, other business interests, retirement or death of a partner, employee or family member as reasons to sell. Business buyers often state their desire to gain immediate entry into a new market or industry, access to existing clients, predictable cash flow, leap frog start-up costs and risks, the ability to immediately increase market share, acquisition of patents, intellectual property or key employees, established employee/vendor/client/banking relationships and strategic opportunities with an existing business. Business brokers typically receive a retainer when engaged and are then paid a commission at closing based upon the final selling price by the seller.
To list a business you own with ENLIGN Business Brokers or learn more about how business brokerage works visit the companies website or contact an agent directly by calling (919) 341-8625.
About ENLIGN Business Brokers:
ENLIGN Business Brokerage is a member of the International Business Brokers Association [IBBA] as well as the American Business Brokers Association [ABBA] and requires that it's agents and affiliates be members of the IBBA working towards or having completed the CBI (Certified Business Intermediary) accreditation. The company provides Seller Services, Buyer Services, Professional Negotiation, Valuation and Marketing Services.to small and medium business buyers and sellers in the South East region and nationally via the ENLIGN Business Brokers Affiliate program. For more information visit www.enlign.com.