ENLIGN Represents American Art Editions in Sale of Business

Apex, NC – ENLIGN Business Brokers has served as intermediary in the sale of American Art Editions located in Apex, North Carolina.

ENLIGN, representing Richard Winters as the seller of a Fine Art Giclee Printmaking Studio, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, listed the business online, 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 attorneys in preparing closing documents for client review.

Carmen Marzella of Marzella Law Group located in Cary, NC represented the Seller. The Buyer was not represented by counsel.

ENLIGN marketed the opportunity with the top online business listing services and received over 40 inquiries from interested buyer prospects. Additionally, the opportunity was posted on the ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer list.

“ENLIGN is pleased to have provided the Seller and Buyer a creative structure that allowed the transfer of assets to a long-term trusted employee” shared Jeff Snell, ENLIGN’s founder and Principal Broker.

The business will be relocated after the transaction closes.

ENLIGN does not […]

November 16th, 2018|

ENLIGN Represents Skytel Systems in Sale of Business

Cary, NC – ENLIGN Business Brokers has served as intermediary in the sale of Skytel Systems located in Cary, North Carolina.

ENLIGN, representing Ahmad Eied as the seller of a Voice Over Internet Protocol (VOIP) and managed services firm, prepared a buyer’s information packet, provided a broker’s opinion of value, worked with the seller to determine an appropriate asking price, listed the business online, 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 attorneys in preparing closing documents for client review.

Carmen Marzella of Marzella Law Group located in Cary, NC represented the Seller. Ken Carroll of Morningstar Law Group located in Raleigh, NC represented the Buyer.

ENLIGN marketed the opportunity with the top online business listing services and received over 70 inquiries from interested buyer prospects. Additionally, the opportunity was posted on the ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer’s list.

“The interest in this listing was incredible. Mr. Eied had a difficult choice in selecting from six offers that were presented prior to selecting the buyer that ultimately closed the transaction.” shared Jeff Snell, […]

November 7th, 2018|

ENLIGN Represents The Retreat in Sale of Business Assets

DURHAM, NC – ENLIGN Business Brokers has served as intermediary in the sale of The Retreat located in ENLIGN’s website and marketed directly to ENLIGN’s internal business buyer’s list.

“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.

Seller was represented by Carmen Marzella of The Marzella Law Group.  Buyers were represented by Matt Black of Pinna, Johnston & […]

October 3rd, 2018|

ENLIGN Business Brokers Retained by Established HVAC Installation and Maintenance Company

RALEIGH, NC – Jeff Snell, CM&AP, M&AMI, LCBI, ABI has announced that ENLIGN Advisors has been retained by the owner of a https://enlign.com/wp-content/uploads/2018/10/HVAC4-1.jpg to sell the business.

ENLIGN will provide business appraisal and valuation services, confidential business marketing services, pre-qualify buyer prospects, as well as represent the seller in sale negotiations.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by an Established HVAC Installation and Maintenance Company for the sale of the business.

• The business, which carries top tier brands is established and profitable.

• The business is growing market and profitable

• For listing details, visit https://enlign.com/listing-profile/?l=1034

Quotes:

“HVAC Businesses are in high demand as the availability of skilled employees is low and the industry is consolidating.” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, buyer, negotiation, valuation, marketing, NC, North Carolina, financing, acquisition, for sale, HVAC, heating, ventilation, air conditioning, repair, installation, service, support, maintenance, growing market, profitable

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, 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 […]

October 1st, 2018|

ENLIGN Business Brokers Retained by Lucrative Outdoor Power Equipment Sales and Service of Name Brand Products

RALEIGH, NC – Jeff Snell, CM&AP, M&AMI, LCBI, ABI has announced that ENLIGN Advisors has been retained by the owners of a Lucrative Outdoor Power Equipment Sales and Service of Name Brand Products to sell the business.

ENLIGN will provide business appraisal and valuation services, confidential business marketing services, pre-qualify buyer prospects, as well as represent the seller in sale negotiations.

The asking price is $1,165,000. The land and buildings are available for $750,000.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a Lucrative Outdoor Power Equipment Sales and Service of Name Brand Products for the sale of the business.

• The business, which carries top tier brands is established and profitable.

• For listing details, visit https://enlign.com/listing-profile/?l=1021

Quotes:

“Everything you need as a DIY homeowner or professional lawn services professional can be found in stock with knowledgeable staff.” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, buyer, negotiation, valuation, marketing, NC, North Carolina, financing, acquisition, for sale, lawn mowers, trimmers, edgers, OPE, outdoor power equipment, lawncare

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Nashville, TN and Denver, CO, provides seller and buyer services, professional negotiation, and valuation […]

July 17th, 2018|

ENLIGN Sells SNAP Fitness of Davidson to New Owner

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 […]

May 31st, 2018|

Is Inventory Always Included in the Valuation and Sales Price?

This is most likely not the first time a professional who is involved in business sales and acquisitions has contemplated this question. While most valuation and recasting elements of our profession are very straightforward, how inventory is incorporated in a valuation and business sale can vary considerably. This is an issue where the phrase “it depends” is appropriate.

It’s probably appropriate to define “inventory” as it’s referred to in this article. “Inventory” is defined as saleable goods purchased by the business for resale. However, when considering the definition of owner benefit or seller discretionary cash flow the AMOUNT of inventory expected to be included is the amount of inventory that was required to generate the profits being represented.

This raises an interesting, double-edged, point. How do we know if there is an excessive amount of inventory? How do we know if there is a shortage of inventory? The only way to start evaluating this issue is to start with the balance sheets looking at beginning and ending inventory values. If there is less inventory at the end of the period, profit is likely over stated (because cash was not re-invested into inventory). If ending inventory is higher than beginning inventory profits are […]

May 28th, 2018|

ENLIGN Business Brokers Retained by Custom Deck, Screened Porch and Outdoor Structures Builder

RALEIGH, NC – Jeff Snell, CM&AP, M&AMI, CBI has announced that ENLIGN Advisors has been retained by the owners of a Custom Deck, Screened Porch and Outdoor Structures Builder to sell the business.

ENLIGN will provide business appraisal and valuation services, confidential business marketing services, pre-qualify buyer prospects, as well as represent the seller in sale negotiations.

The asking price is $600,000 and includes over $27,000 of furniture, fixtures and equipment.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a Custom Decks, Screened Porches and Outdoor Structures Builder in the sale of the business.

• The business, which is recognized as a high quality and cost effective builder is established and profitable.

• For listing details, visit https://enlign.com/listing-profile/?l=1009

Quotes:

“Their quality of construction and design is impressive.” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, buyer, negotiation, valuation, marketing, NC, North Carolina, financing, acquisition, for sale, deck, gazebo, trellis, construction, building, contractor, outdoor structures

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Nashville, TN and Denver, CO, provides seller and buyer services, professional negotiation, and valuation and marketing services to small and medium business sellers and buyers. ENLIGN provides business […]

May 24th, 2018|

ENLIGN Business Brokers Retained by Travel and Tourism Publisher with Multiple Titles

RALEIGH, NC – Jeff Snell, CM&AP, M&AMI, CBI has announced that ENLIGN Advisors has been retained by the owners of a Travel and Tourism Publisher with Multiple Titles to sell the business.

ENLIGN will provide business appraisal and valuation services, confidential business marketing services, pre-qualify buyer prospects, as well as represent the seller in sale negotiations.

The asking price is $425,000 and is reporting over $200,000 in annual owner income.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a Travel and Tourism Publisher with Multiple Titles in the sale of the business.

• The business, which is recognized as a high quality publication in each of its markets is established and profitable.

• For listing details, visit https://enlign.com/listing-profile/?l=1015

Quotes:

“This is a wonderful opportunity for someone to get into the travel and tourism publishing space that enjoys traveling North Carolina.” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, buyer, negotiation, valuation, marketing, NC, North Carolina, financing, acquisition, for sale, magazine, publication, periodical, advertising, marketing, sales, ads, insert, promotion, tourism, travel

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Nashville, TN and Denver, CO, provides […]

May 18th, 2018|

ENLIGN Business Brokers lists Corporate Communications VoIP and Managed IT Services Provider for Sale

RALEIGH, NC – Jeff Snell, CM&AP, M&AMI, CBI has announced that ENLIGN Advisors has been retained by the owners of a Corporate Communications VoIP and Managed IT Services Provider to sell the business.

ENLIGN will provide business appraisal and valuation services, confidential business marketing services, pre-qualify buyer prospects, as well as represent the seller in sale negotiations.

The asking price is $3,300,000.  The business generated $1,865,532 in gross sales which produced $611,770 of annual owner benefit.

News Facts:

• ENLIGN Business Brokers has announced that the firm has been retained by a Corporate Communications VoIP and Managed IT Services Provider in the sale of the business.

• The business, which is a state of the art managed IT services and VOIP provider is established and profitable.

• For listing details, visit https://enlign.com/listing-profile/?l=920

Quotes:

“The consistent growth of this client is nothing short of impressive.” said Jeff Snell.

Keywords:

ENLIGN, Business Brokers, Advisors, business, seller, buyer, negotiation, valuation, marketing, NC, North Carolina, VOIP, Voice over Internet Protocol, I.T., managed, information technology, financing, acquisition, for sale, computer

About ENLIGN Business Brokers:

ENLIGN Business Brokers, which has its headquarters in Raleigh, NC and regional offices in Charlotte, NC, Greensboro, NC, Nashville, TN and Denver, CO, provides seller and buyer services, professional negotiation, and valuation and […]

May 15th, 2018|