News & Events
ENLIGN Business Brokers Sells Lake Norman Boat Club
ENLIGN DEAL TEAM | 05/15/2015
LAKE NORMAN, NC – Joe Vagnone has announced the successful sale of a Boat Club located in Lake Norman, NC.
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, 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 and execution.
ENLIGN marketed the opportunity with the top online business listing services. Additionally, the opportunity was posted on the ENLIGN's website, www.enlign.com and marketed directly to ENLIGN's internal business buyer's list which was the source of the buyer. The business was listed for 98 days. “There has been a strong uptick in transactions over the first part of the year for smaller deals.
The sale of this business required no outside marketing, only our in house database and our local network of qualified buyers who we have been tracking for years as they look for the right opportunity. I tell potential clients all the time; ‘I know I'm bothering you right now to make a decision, but when you become a client all my persistence starts to work for you.’"
"My new association with ENLIGN Business Brokers & Advisers has been very helpful adding other seasoned experts throughout the state to enlarge bigger footprint of buyers and experienced brokers. Jeff Snell has been an invaluable partner in providing me with merger & acquisition advice that translates well when I apply a little creativity on these smaller opportunities.” -Joe Vagnone ENLIGN does not release financial details of transactions. For more information, visit https://enligncurrent.wpengine.com
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 firstname.lastname@example.org or visit the Web site at www.enlign.com.