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ENLIGN Sells SNAP Fitness of Davidson to New Owner
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Home | News & Events | ENLIGN Sells SNAP Fitness of Davidson to New Owner

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News & Events

ENLIGN Sells SNAP Fitness of Davidson to New Owner

ENLIGN DEAL TEAM | 05/31/2018
Davidson, NC – Joe Vagnone, an ENLIGN Business Broker based in Cornelius, NC is pleased to announce the successful sale of a SNAP Fitness in Davidson, NC, located on Davinci Drive. SNAP Fitness is a franchise business focused on creating a results-driven culture both inside and outside the gym. Located in the heart of Lake Norman, this business is conveniently open 24 hours and offers services and classes no matter your fitness level. Everyone is welcome! Joe Vagnone, the Charlotte Area Managing Director with ENLIGN Business Brokers facilitated this sale between the sellers, Arnie and Victor Cennamo, Michael Errico and Donald Delgrosso and the buyer, Richard Graziadei. This franchise location is regularly in the top 10-15% of SNAP franchises globally and is ready to “burst at the seams.” Mr. Graziadei is ready to make a full-time commitment to ensure the continuous growth and success. Mr. Vagnone continuously strives to ensure that buyers are presented with businesses that are the right fit. Thanks to the experience, knowledge and expertise of Joe Vagnone, “This again is another creative deal structure that allows both buyer and seller to get conformable when the price expectation of both parties was wide.” 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: ENLIGN, Joe Vagnone, Julie Wozniak, Arnie Cennamo, Victor Cennamo, Michael Errico, Donald Delgrosso, Richard Graziadei, SNAP Fitness, Sold, Business for sale, Davidson NC 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 jsnell@enlign.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 or contact Joe Vagnone at 704-577-8030 or email joe@jvagnone.com.
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